- Apr 15, 2016
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Social Security and Medicare would have been FINE had Presidents not kept dipping into it for other things.
You want to talk about money? How about not sending billions to other countries like Israel that has enough money to take care of itself? How about cutting back some military spending? The U.S. spends more PER YEAR than the next SEVEN countries COMBINED.
U.S. Defense Spending Compared to Other Countries
Pure malarkey post thank you very much.
The money has not been "spent for other things". It has been put into the general fund as loans. Interest is paid on those loans.
Here is the total unfunded liability. Staggering is it not? Unfunded Liability is money we have committed to pay over the next 40 years.
Your information on comparable spending between nations is just as ludicrous. Are you seriously going to compare what China pays for labor and you depend on their honesty? Are you aware that any and all of their rockets they list as being "research"? They have one of the largest shipping companies in the world if not the largest. While a "private" company, they are under the jurisdiction of their military.
They also have a huge submarine fleet of which we know very little. They have a large, hidden submarine base which is entered underwater so we have no idea how many they have or their capabilities.
As for what we spend on defense.