05-23-2023 03:54 PM
05-24-2023 01:18 PM
Sounds like are best investment is to move to Canada.
05-24-2023 01:23 PM
"Who has the most investments in renewable energy, pharmaceuticals and contributions in controlling America's politics?"
05-24-2023 01:28 PM
First 3 weeks of May 2022 I had 39 sales, first 3 weeks of May 2023 I've had 9 sales! That's a 75% drop in sales volume with a 70% drop in revenue. Things are worse then SLOW for me! Not worth the $21.95 monthly store front cost anymore. I'm considering turning it off all together.
05-24-2023 03:35 PM
Then we are already $31.46 trillion dollars in debt.
Since most of that debt is from running the US Armed Forces, there is a pool of workers there ripe for training to build, operate, and repair the new technology.
Or switch the money from the military to schools including trade schools and universities.
With regards to the Federal Budget approximately 65% of the budget is mandatory spending and covers things like Medicare and social security. About 13% goes to pay the interest on the national debt. The other 22% is what is known as discretionary funding and Defense and Homeland security have the biggest cut of that piece of the pie but it only represents about 16% of the entire federal budget.
One of the reasons there is such a heated discussion over raising the national debt is that also causes the percentage of the federal budget required to pay the interest on that debt to increase which has a domino effect on the discretionary funding pool. Old chart but you should get the idea of where the government is headed without some change.
05-24-2023 04:10 PM
Sounds like are best investment is to move to Canada.
That's what my daddy did in 1926 and again in 1952.
05-24-2023 04:12 PM
I did find this interesting fact. Many experts estimate that since 2001, the United States has spent as much as $5.1 trillion on war and war-related costs such as veteran care, ally assistance and stronger homeland security. By this figure, the war is responsible for nearly a third of the total national debt.
05-24-2023 04:20 PM
How much money has the US lost in Iraq and Afghanistan in 2023? 60 billion dollars to waste and fraud in Iraq. $100 billion to Afghanistan.
05-24-2023 04:26 PM
How much would defense budget cost FY 2023? Assuming an inflation rate of about 7 percent and a real increase of 3 percent to 5 percent on top of that would result in an FY 2023 defense budget of more than $900 billion.
05-24-2023 06:12 PM
Smart Man.
05-24-2023 06:21 PM
I said the same thing at the grocery store the other day.
05-24-2023 06:28 PM
Theft in the cities are driving up store prices. Stores are closing, business are cutting back. Tax payers in my state are also paying to help the homeless and immigration problem crisis. The United States could do better. Economic hardships. People are watching there money right now. These are just a few factors that are leading towards recession.
05-24-2023 09:35 PM
I did find this interesting fact. Many experts estimate that since 2001, the United States has spent as much as $5.1 trillion on war and war-related costs such as veteran care, ally assistance and stronger homeland security. By this figure, the war is responsible for nearly a third of the total national debt.
The federal budget and in conjunction is a complicated topic. It is based on revenues and outlays just like any business but the outlays are almost always greater than the revenues. There are a lot of factors that have contributed to the current $30 trillion dollar debt. Only one thing has to be paid out of revenues 100% and that is the interest on the national debt after that it becomes a mix of what expenses are paid out of revenues and what gets added to the debt.
The $5.1 trillion you mentioned falls into this situation. Unless you work for the Office of Management and Budget there is no way to tell how much of that $5.1 trillion was actually paid for and how much added to the debt. One of the primary contributors to the national debt is our inefficient healthcare system which is combined with the demographic realities of an aging population. This is easy to see from the chart as the mandatory programs have continued to increase as a percentage of the federal budget and subsequently increase as contributors to the national debt but again unless you are working for OMB there is no way to tell how much of those costs are paid for out of revenues and how much goes toward the national debt.
One thing is for certain just like any business the government either needs to increase revenues or reduce expenses to avoid major problems in the not so distant future. As mandatory programs, if left unchecked, continue to eat away at the percentage of the federal budget the discretionary funding which covers so much else becomes smaller and smaller. If we reach a point where mandatory programs and interest on the national debt represent 100% of the federal budget we have major issues.
05-24-2023 09:40 PM
How much would defense budget cost FY 2023? Assuming an inflation rate of about 7 percent and a real increase of 3 percent to 5 percent on top of that would result in an FY 2023 defense budget of more than $900 billion.
It actually came in a little less than $900 billion. The fiscal year 2023 Department of Defense Appropriations was $797.7 billion which was an increase of $69.3 billion above fiscal year 2022.
05-25-2023 10:15 AM
Wow interesting.