The wars. In the last ten years the United states has incurred costs of over $3 Trillion. That folks is 3,000 Billion. And that cost goes straight to the National Debt and the deficits. Think about it. In those war years we have spent enough on the wars to pay for all Welfare in that same time. And remember that less than half the Welfare cost goes toward increasing the National Debt. So what that means is that without the wars we could have paid all Welfare cost for 20 years without increasing the National Debt or deficit one cent. And these wars absolutely did not have to happen.
How about the Unemployed? The actual unemployed count exceeds 26 million. Now what do those 26 million people not do? Give up? They don't pay taxes. If they don't pay taxes, that lost revenue goes straight to the National debt and deficits. And most likely, they get unemployment relief. That adds to the National debt and deficits. If you don't agree, could you come up with some cockamamie story that will show how the unemployed are actually reducing the National debt and deficits? You know better don't you. Ever hear those 24/7 stations saying that unemployment is adding to the debt and deficits?
I mentioned National Debt Interest, the National Debt Clock shows that interest to be $3.54 Trillion. Isn't that about the same as the slammed Obama budget? Think that interest might be paying down the debt? Or would you guess that it is adding to the debt? Go take a look at the clock, look at the Federal Pensions, you will see that the costs of those pensions are greater that what I have surmised the Federal Government pays out in all Welfare Combined and remember Veterans Pensions are not in that figure, they are in the Welfare account.
What I have shown is the spin put on the backs of the old and poor. If I add up all the expenditures of Medicare and Social Security it comes to $1.5 Trillion per year. That's 40.5% of the entire budget - Wow, but wait a minute, since Medicare and Social Security pay in more than they consume, how does that whopping 40.5 % affect the budget, the debt, the deficit? Well let's see, they pay in 41% of the budget, and use up 40.5% of the budget. Seems like a pretty good deal for the Government.
The moral of this story is that what you hear on the 24/7 News channels might not be news, it is most likely spin to frame an agenda. Now would a Democratic Moral, ethical Government do that? Probably not. Anybody know where I can find a Moral, Ethical, uncorrupted Government?
Finally, it is true that I have presented a very simplistic overview of our Governments Financial dealings but if we dig deep to increase the granularity it only gets worse. Best thing to do is go to the Real Time Debt Clock and you will see what is wrong with this country.
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