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Wednesday, July 30, 2014

National Debt Numbers and Spending

By Libertarian Liz

Our federal government is in debt to the tune of $18 trillion and expected to rise to $21 trillion by the end of the year. I don't know if those figures include our states, counties and towns though. I suspect that is just the federal debt.

Federal pensions are 25% of the budget.

Health Care (which will only get worse) is 27% of the budget.

Military is 22% of the budget and we fund 44% of the (entire) global military operations on the planet with only 4.4% of the population to "defend".

Welfare is at 11% of the budget.

It is reported that the recent deluge of "illegal immigrants" is about 290,000 people. Given the waste at the federal government level, I don't think an increase of .091% of the population is going to break the bank. 

Our bank is already broken. 

The vicious and rude things being thrown around is really unfounded given how out of control the government is (on all levels). These "illegals" are far and away from the worst of our problems. A mere blip in the scheme of things. If the economy were on a heart monitor, that blip would be nearly undetectable, IMO.

If you want to discuss real issues, let's talk about the insanity of a government that is so far in debt that when that global financial collapse happens, we're all screwed. We are living under an unsustainable financial system. It can't last much longer and if you think the tin foil hat is on, think again. The economy is on life support. Here's a nifty little pie chart to put this in perspective:

http://www.usgovernmentspending.com/federal_budget_pie

Libertarian Liz
Check out her website at http://libertarianliz.com

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