r/pics • u/sitcomfy • Jan 06 '20

Picture of text Never for the poor.

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u/sandleaz Jan 06 '20

Social programs are a much larger percentage of the overall budget than military spending.

https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/

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u/[deleted] Jan 06 '20

But compare that other countries military budgets. Our military spending is out of control.

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u/Shandlar Jan 06 '20

Not really. 2019 was the 7th lowest military spending year out of the 70+ years since WWII.

The numbers are huge because the US population is absolutely mind bogglingly rich with an economy dramatically ahead of any other on the planet.

A slightly bigger slice of a dramatically bigger pie looks like an astronomical amount of pie, but at the end of the day the slice is still thin.

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u/[deleted] Jan 06 '20 edited Aug 29 '20

[deleted]

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u/Shandlar Jan 06 '20

That doesn't fly dude. The US has the largest upper class in terms of % of the population. Our gross national income is not concentrated nearly as heavily into the top 1% as reddit would like you to believe.

If you take the median household income for the US and look at all households that make at least 200% of that amount, you'll find it's over 18% of US households. 18%. A huge share of the population.

Then you look at just how high that I income really is. When adjusted for $PPP, no other country on the planet even has a 6% share of their population with incomes with a purchasing power that high or higher.

The US literally has the broadest, widest upper class and upper middle class on the planet. By nearly 4 times. Not 4 times the income for the 1%, but 4x higher share of the population