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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (111841)5/4/2015 1:06:17 PM
From: ggersh1 Recommendation

Recommended By
Gersh Avery

  Read Replies (1) | Respond to of 218197
 
Military speding id needed of course, but we spend more than the next 20 nations combined....

As for healthcare, the D's tried to get drug costs lowered as part of the Medicare reform bill
passed under Bush, even then once the bill passed the cost was said to be $300-400mil
more the day it passed. Single pay government insurance is the way to go, with the ability to
get a supplemental policy....but that isn't going to happen.

Mobility among the middle and lower class isn't as affordable as it once was, Mike, gotta love him.

Your last point, spot on.

Gersh



To: Hawkmoon who wrote (111841)5/4/2015 1:27:31 PM
From: philv  Read Replies (1) | Respond to of 218197
 
"I don't see a problem spending 3-5% of our GDP on defense"

I was surprised, because that seemed like a very small amount. But in searching around, and comparing it to different metrics, the defense spending is indeed very significant. You compared it to health care spending, but perhaps the comparison is like comparing apples to oranges, as the metrics are different?

1) The United States spent 20 percent of the federal budget on defense in 2011. All told, the U.S. government spent about $718 billion on defense and international security assistance in 2011 — more than it spent on Medicare.Jan 7, 2013
America's staggering defense budget, in charts - The ...

www.washingtonpost.com/.../everything-chuck-hagel-needs-to-know-about...

From the above article: