Monday, August 13, 2012

quote for the day

"Where does the lion's share of our taxes go? As Paul Krugman puts it, the U.S. government is basically an insurance company with an army: Social Security, Medicare, Medicaid, and the military make up the large majority of federal discretionary spending. Everything else we normally think of as "government" - education, law enforcement, national parks, roads and bridges, unemployment insurance, food stamps, farm subsidies, foreign aid, art and science funding, international diplomacy - is a relative minority of the budget. (See here for a more detailed breakdown.)"

Adam Lee, One-Half of One Cent

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