The Perplexing Nature of U.S. Government Spending

According to my dashboard here at 2GreenEnergy, approximately 40% of people reading these words live outside U.S. borders, and these folks may not understand how it’s possible that the most powerful country on Earth could be so bizarre in its thinking when to comes to public spending.  This makes perfect sense; frankly, I don’t get this myself.

Many Republican voters are motivated by the professed frugality (“fiscal conservatism”) of their party.  They rail against their political opponents for their “tax and spend” policies.   Historically, however, there is no relationship whatsoever between the party affiliation of the U.S. president and his administration’s level of deficit spending.  Famously, the current president has increased the national debt by almost $3 trillion since he took office in 2017, largely via tax breaks that went almost exclusively to corporations and the top 1%. No one seems to care.

Our spending at a more granular level is just as strange as it is from a “50,000-foot” view.  American historian and retired U.S. Army colonel Dr. Andrew Bacevich makes the comments seen here.

We are loaded with money when it come to killing innocent people but quite stingy when to comes to everything else.