kyzr
Diamond Member
Currently the US is spending about 3.5% of GDP on the military.
Interest on the Debt now exceeds Defense spending.
Should the US spend more on Defense, or on Social and Green initiatives, or on paying down the $35T Debt?
IMHO we need a major revenue increase, say a tax on financial transactions, plus a Remittance Tax on money sent out of the US, plus tariffs, plus....
Interest on the Debt now exceeds Defense spending.
Should the US spend more on Defense, or on Social and Green initiatives, or on paying down the $35T Debt?
IMHO we need a major revenue increase, say a tax on financial transactions, plus a Remittance Tax on money sent out of the US, plus tariffs, plus....
US will lose future war against China, Russia, says Defense Strategy Commission. Here is report in detail
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