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To: robowombat
When a nuke goes off in the US from a suitcase bomb, the Tea Party folks who called for gutting the US military because of the Sequester can assemble the blame.

There was a reasonable way to cut Defense Spending. This wasn't it.

We cut so fast that the US military is now a hollow force.

But hey, we gots Da Fud Stamp!

35 posted on 07/12/2014 11:27:42 AM PDT by SkyPilot
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To: SkyPilot

If you imagine all that is the nation as a huge business, it is a business generating a GDP, iirc, of about 18 trillion a year. The ownership takes about 4 trillion out of it each year to pay off the employees, stakeholders, stockholders. They borrow, iirc, another 2 trillion, so they spend 6 trillion out of a total generation capacity of 18 trillion.

That 18 trillion funds other levels of government, people’s incomes, business transactions, everything imaginable, all the way down to little Suzy buying a bag of M&Ms.

The government is directly taking about 22.3% out of the system.

The question is this: what percent can the ownership take out before they injure the ability of that business to function?


37 posted on 07/12/2014 12:47:39 PM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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