SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (217377)2/4/2005 10:38:33 PM
From: TimF  Read Replies (1) of 1572507
 
These folks even count the interest on the debt generated from defense.

If you look at it that way you would have to add the interest on the debt generated from non defense spending so it should pretty much be a wash.

Defense used to be a much bigger percentage of our spending, however over much of that time (except periods of time like the World Wars and the Civil War) we didn't have deficits or had small deficits.

While in theory it make sense to include the debt when calculating these figures it complicates things, and probably allows for some extra manipulation, while not noticeably changing the balance without the use of manipulation.

I don't think it is counted in the raw numbers. Budget figures for the Dept. of Defense, The Department of Health ect. don't include the level of debt from prior years spending.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News