I think sometimes that the only way the human mind can comprehend the enormity of sums like these is when it's visualized; reading about it in text is fairly unhelpful.
One of the things I find truly striking about this is the second graph in the lower right; for all that we are spending now in real terms, it's truly incredible what the absolute wealth of this nation is that the cost as a percentage of GDP is so low. That also means that for the purposes of reducing the deficit, it seems clear that cutting the military budget alone will be nowhere near enough, we're going to have to start making some hard choices about how we run our entitlement programs in this country. Often said, it's true, but little realized.
No comments:
Post a Comment