You may know, or you may not know, that federal spending in divided, like Gaul, into three parts. There is Mandatory Spending, which does not require an annual appropriation by Congress. There is Interest Payments, which go without saying. And there is Discretionary Spending, which is legislated every year by Congress.
At usgovernmentspending.com our crack analysts have just completed a Mandatory Spending Analysis page. Here is a look at the overall picture from 1962, the first year of the Historical Tables that are published each year by the Office of Management and Budget.
The overall story is that year after year, the Mandatory side of the budget keeps getting bigger. And the main reason is the expansion of health care programs, which are mostly Mandatory.
And, of course, the defense budget is almost all Discretionary. Go figure.
Actually, it makes sense. All government is force, and the number one government program, after selling the debt, is paying off supporters. This has been true at least since the good old days of the Frankish Empire operating out of Trier in western Germany after the collapse of the Roman Empire.
And, I have determined, the only government program that ever gets cut is the defense budget after a major war. Everything else is sacrosanct.
So you may think that, probably, the only thing the government should spend money on is defense.
Because if you, the great leader of the nation, create a program that can never be cut, well, you are an idiot.
Oh well, I guess that's why they say that history goes in cycles. Because political leaders are members of the Lina Lamont Fan Club. Their motto, like hers, is "What d'yer think I yam? Dumb or somep'n?"
At usgovernmentspending.com our crack analysts have just completed a Mandatory Spending Analysis page. Here is a look at the overall picture from 1962, the first year of the Historical Tables that are published each year by the Office of Management and Budget.
The overall story is that year after year, the Mandatory side of the budget keeps getting bigger. And the main reason is the expansion of health care programs, which are mostly Mandatory.
And, of course, the defense budget is almost all Discretionary. Go figure.
Actually, it makes sense. All government is force, and the number one government program, after selling the debt, is paying off supporters. This has been true at least since the good old days of the Frankish Empire operating out of Trier in western Germany after the collapse of the Roman Empire.
And, I have determined, the only government program that ever gets cut is the defense budget after a major war. Everything else is sacrosanct.
So you may think that, probably, the only thing the government should spend money on is defense.
Because if you, the great leader of the nation, create a program that can never be cut, well, you are an idiot.
Oh well, I guess that's why they say that history goes in cycles. Because political leaders are members of the Lina Lamont Fan Club. Their motto, like hers, is "What d'yer think I yam? Dumb or somep'n?"
Hello everyone, Are you into trading or just wish to give it a try, please becareful on the platform you choose to invest on and the manager you choose to manage your account because that’s where failure starts from be wise. After reading so much comment i had to give trading tips a try, I have to come to the conclusion that binary options pays massively but the masses has refused to show us the right way to earn That’s why I have to give trading tips the accolades because they have been so helpful to traders . For a free masterclass strategy kindly contact (paytondyian699@gmail.com) for a free masterclass strategy. He'll give you a free tutors on how you can earn and recover your losses in trading for free..
ReplyDelete