this post was submitted on 11 Jul 2023
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United States | News & Politics

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The US national debt is already grown by $1 trillion in a month (lemmy.ml)
submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

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[โ€“] yogthos@lemmy.ml 0 points 1 year ago (1 children)

No argument there. Thing is that the military budget is basically a way to funnel taxes away from public spending which they're intended for such as building infrastructure, providing healthcare, education, and so on. Instead, tax dollars end up being fed into the war industry owned by the oligarchs, which is why the military budget continues to balloon each and every year.

[โ€“] jordanlund@lemmy.one 3 points 1 year ago

Yup, yup... Exactly what Ike warned about and likely what got JFK and RFK capped.