![And that's just the official amount. [506x580 - 111KB]](https://pic8.co/sh/N4SLEw.jpg){kind=link}
There are about 150 million taxpayers in the US. In order for the government to spend $8.5 million a day everyone chips in $0.05 per day. That's not enough to save cities, but it's part of a bigger problem. The government extracts $3.2 trillion from the population every year or $8.8 billion per day, $58.6 each.
Foreign aid to Afghanistan alone is $13.4 million per day.
I don't think money should be being sent to Israel, but I don't think spending should be so high regardless. Shouldn't be sending money goddamn anywhere. They do it to keep countries trading oil in USD, the petro dollar is the only reason the US is able to spend as much money as it does.
The amount extracted from the population every year only covers a portion of the budget. The rest is "borrowed" and that's only allowed to happen for now because of the stability of the currency (currently plummeting in value).
A famous point is the IRS. Per the IRS, the US gov takes in
The IRS collected more than $3.5 trillion in gross taxes in Fiscal Year Biden has spent how much money in the past few weeks alone?
Well like, yeah I'd be curious to know how much money has been spent in the last couple weeks.
Millennials say Boomers ruined the economy but no spending happened on the scale it does today by a long shot. Funding for NASA during the Apollo missions which was ten years total, was considered a massive amount of spending at the time. I ran the numbers a while ago and even adjusted for inflation the federal government spends that much every two weeks now or something like that.
It's ridiculous. At this point they have proved they don't need our tax money, money doesn't mean anything.
This is what inevitably happens in exponential rate currency inflation. As we get closer to the right side of the curve, the problems become much more apparent compared to prior. What could be fixed with billions, now takes trillions
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