Monday, November 28, 2022

The World's Greatest Waste

The World's Greatest Waste: How U.S. Government Spending Drives Up the Cost of Living



Every day, the price of goods and services goes up while the U.S. economy struggles. This is because the U.S. government spends so much money on programs that people don’t really need. This article will explain why the U.S. government spends money and how it drives up the cost of living.



1. What is government spending?


Government spending is the amount of money that is spent by government agencies on projects, goods, and services. It is the amount of money that governments spend on the military, transportation, education, and other things that are considered necessary or beneficial to the public. In the United States, government spending is divided into two categories: discretionary and non-discretionary. Discretionary spending is the money that is given to Congress to spend as they see fit. Non-discretionary spending is the money that is not given to Congress to spend as they see fit. In the United States, non-discretionary spending is divided into three categories: Social Security, Medicare, and Medicaid.



2. The top 10 government spending items


The United States government spends a lot of money. This can be both a good and a bad thing. In this article, we'll take a look at the top 10 government spending items and what they cost the taxpayers. The top 10 government spending items 1) National defense 2) Interest on public debt 3) Social Security 4) Medicare 5) Medicaid 6) Unemployment insurance 7) Food stamps 8) Housing and Urban Development 9) Education 10) Transportation



3. How it impacts the economy


The United States spends more than any other country in the world on its military. In 2016, the U.S. spent $610 billion on military spending. This is about a third of the world's military spending. This figure is about a trillion dollars more than the second-highest country, China, which spent $245 billion.



4. Conclusion.


Americans love to spend. We love to spend on anything from the latest technology to luxury cars, but one thing that we don't spend as much on is our homes. We spend the least on our homes of any other country in the world. This is because we live in a country that is constantly buying up our own land and homes to build more homes. This is a problem that needs to be addressed.



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