CapitalNotes on Nostr: It’s been said quite often by economists, financial pundits, political analysts, ...

It’s been said quite often by economists, financial pundits, political analysts, and politicians that the United States “spends far too much on its military and defense”.

After all, they say, those resources could be put to better use elsewhere.

I wonder what the message will be now that annual interest expenses on our debt exceed the amount spent on the national security and defense apparatus.

H/T: The Daily Shot

#debt #treasury #economy #bonds #interest