Quote:
Originally Posted by detbuch
Your way, way off on how the Federal Government spends ( I assume you meant Federal not State spending).
http://www.politifact.com/truth-o-me...g-internet-mi/
And if you add State spending to ''government" spending, you're even more wrong. State's spend 9 times on education than the Federal government does. So just on education alone, we spend about as much on education as we do on military. And when we add the rest of State spending, the amount spent on non-military grows even more than the amount on the Federal pie chart. |
You forgot his mention of big banks. I think the working assumption that the Government will bail out the big guys if the fan hits has to lower their borrowing costs. How many billions in taxpayer subsidies is this equivalent to?