My fiscally conservative friend made a point to bring up Biden spending his children’s legacy on Ukraine aid every time conversations would turn political. Then the Isreal bombing happened, and he won’t touch it. His wife is Jewish.
When the federal government spends it is creating money with the press of a keystroke. It is essentially putting money into circulation. And that money is going to American businesses that make weapons and technology which is then sent to Ukraine. Those American businesses employ American workers.
Government spending creates money, it doesn’t create debt. Too much government spending could create inflation though.
Which is why the cost of living has increased massivelly in the US all the while that very same FED that’s creating new money by the truckload keeps pushing out Official Inflation figures that are way off from the observed reality of cost of living increases.
“Printing” money (it’s not really printed nowadays, but let’s go with calling it “printing”) decreases the value of the money already in exitence (it increases the count of units of claim to the underlying value whilst not at all increasing the underlying value) hence more money units are needed to get the same things - a.k.a. Inflation - but since there very same people who print the money are the ones telling the rest officially how much Inflation is, they can easilly print money whilst they deceive the public about the negative side effects of it.
My only problem with this image is the money is being fed to a soldier, not a general or military political advisor, the people who end up with the real money.
I think the “soldier” in the image represents exactly that, the MIC/War Machine, not just a soldier. I’ve seen this cartoon many times and always assumed the intent was the military soaking up tons of money.
I will leave this quote from Eisenhower’s “A Chance For Peace” speech.
Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone.
It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.
The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.
It is two electric power plants, each serving a town of 60,000 population.
It is two fine, fully equipped hospitals. It is some 50 miles of concrete highway.
We pay for a single fighter plane with a half million bushels of wheat.
We pay for a single destroyer with new homes that could have housed more than 8,000 people.
This, I repeat, is the best way of life to be found on the road. the world has been taking.
This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.
Just for a little context, keep in mind that “military aid” be it to Ukraine or Israel is almost entirely spent in the US. We ship missiles and bombs from stockpiles, and pay Raytheon to make some more.
So this money is being spent to the benefit of Americans, just the military industrial folks and their shareholders.
Yeah. It drives me nuts when the media talks about misinformation as if they didn’t help lie us into a war that’s lasted most of my life. Clearly none of the bad things that we all see happening daily are the reason we’re all sad and angry right?
Sure, I agree we can get cheaper healthcare, but $14 billion amounts to like $40 bucks per American. Not buying many more healthcare and schools with that. This meme (at least the second part) is stupid and won’t convince anyone who supports Israel aid to change their minds because the math is not convincing. Makes for a weak argument, imho.
It’s not mystery money, it’s Modern Monetary Theory. Republicans are invested in hiding that fact that we can afford to do all the good stuff and fund the military at the same time
Source? I thought only the house bill, which was DOA in the senate, included that. Don’t mean to sound confrontational, I’d just like to know and haven’t been able to find anything myself.
You’ve got more information than me, I wasn’t aware it died in the Senate. I just assumed the figure in the post was referring to that same House Bill.
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My fiscally conservative friend made a point to bring up Biden spending his children’s legacy on Ukraine aid every time conversations would turn political. Then the Isreal bombing happened, and he won’t touch it. His wife is Jewish.
When the federal government spends it is creating money with the press of a keystroke. It is essentially putting money into circulation. And that money is going to American businesses that make weapons and technology which is then sent to Ukraine. Those American businesses employ American workers.
Government spending creates money, it doesn’t create debt. Too much government spending could create inflation though.
My man, money is debt.
Which is why the cost of living has increased massivelly in the US all the while that very same FED that’s creating new money by the truckload keeps pushing out Official Inflation figures that are way off from the observed reality of cost of living increases.
“Printing” money (it’s not really printed nowadays, but let’s go with calling it “printing”) decreases the value of the money already in exitence (it increases the count of units of claim to the underlying value whilst not at all increasing the underlying value) hence more money units are needed to get the same things - a.k.a. Inflation - but since there very same people who print the money are the ones telling the rest officially how much Inflation is, they can easilly print money whilst they deceive the public about the negative side effects of it.
My only problem with this image is the money is being fed to a soldier, not a general or military political advisor, the people who end up with the real money.
I think the “soldier” in the image represents exactly that, the MIC/War Machine, not just a soldier. I’ve seen this cartoon many times and always assumed the intent was the military soaking up tons of money.
I will leave this quote from Eisenhower’s “A Chance For Peace” speech.
Ive never heard of this speech but very good read, thanks for sharing
He’s wearing a gold cuirass
This was USSR, so it is possible.
Sponsored by Lockheed Martin™️
Just for a little context, keep in mind that “military aid” be it to Ukraine or Israel is almost entirely spent in the US. We ship missiles and bombs from stockpiles, and pay Raytheon to make some more.
So this money is being spent to the benefit of Americans, just the military industrial folks and their shareholders.
The good old “military industrial complex” 😑
Yeah. It drives me nuts when the media talks about misinformation as if they didn’t help lie us into a war that’s lasted most of my life. Clearly none of the bad things that we all see happening daily are the reason we’re all sad and angry right?
But China is eating your pankake
I remain very unclear at person #2’s point.
I’ve posted this a few times but it fits here:
This country spent $8 Trillion on two wars over 20 years! That’s $400 billion each year.
This country could have paid for all the chemotherapy 80 times over
OR we could have paid for rebuilding/fixing this countries infrastructure for a 1/3 of that cost.
OR America could have built out a National high speed rail
Or many many other things.
instead we killed thousands of people and got what in return???
With a national healthcare payor negotiating the cost of care you could possibly pay for all of it with that money.
Hey what percent is $14 billion of the $4.3 trillion Americans spend on healthcare?
You mean over spend? If the government handled healthcare it would be cheaper.
Sure, I agree we can get cheaper healthcare, but $14 billion amounts to like $40 bucks per American. Not buying many more healthcare and schools with that. This meme (at least the second part) is stupid and won’t convince anyone who supports Israel aid to change their minds because the math is not convincing. Makes for a weak argument, imho.
0.325%. Where the fuck did all that money come from?
At that scale money doesn’t actually exist. It’s just agreements between banks and nations.
$14 billion is like $40 bucks per American. Might be able to buy a toothbrush and some bandaids with that healthcare money.
I’m not sure if my math is correct, but it’s more like 4 cent per American. 14 million divided by 331.9 million gets 0.0421.
Yeah, I’m always second guessing my math too, lol. I think it should billion not million in this case.
It’s not mystery money, it’s Modern Monetary Theory. Republicans are invested in hiding that fact that we can afford to do all the good stuff and fund the military at the same time
What adds salt to the wound is that the money was taken from the IRS who would’ve used it to hire more auditors so they can audit more wealthy people who’ve been cheating on their taxes.For every $1 spent for auditors, they return an average of $12.
So we really lost $168bn in federal income that could’ve helped the public.
They don’t want people knowing where their money goes.
The Pentagon can’t/won’t account for trillions of dollars that they’ve been given, which adds more salt to the wound.
Source? I thought only the house bill, which was DOA in the senate, included that. Don’t mean to sound confrontational, I’d just like to know and haven’t been able to find anything myself.
You’ve got more information than me, I wasn’t aware it died in the Senate. I just assumed the figure in the post was referring to that same House Bill.
Old men keep dreaming of battles for young men to fight.
-The Chariot, Daggers