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[-] masquenox@lemmy.world 2 points 1 year ago

That’s our fucking tax money,

Nope. It's not. That money they hand Israel? Completely sucked out of their thumb - I literally use the massive handouts the US gives Israel as a way to debunk the "but printing money causes inflation!" crowd.

Btw, that is an actual example of a handout - ie, not the (alleged) "handouts" right-wing pundits start whining about whenever the issue of social services come up.

Of course, they could just as easily spend all that invented money to give you healthcare - but they won't... that's not how class warfare works.

[-] dangblingus@lemmy.dbzer0.com 2 points 1 year ago

No, no I'm pretty sure there is foreign aid earmarked in the annual budget every year. It's tax dollars.

[-] masquenox@lemmy.world 1 points 1 year ago

Nope. Your taxes doesn't even pay for the US military - it's all just money they invent. Your taxes are spent by the state you live in - roads, hospitals... that kind of stuff.

When it comes to their precious military - and their precious neocolonialist shitfuckery they call "foreign policy" - they don't rely on you.

[-] daltotron@lemmy.world 1 points 1 year ago

ntg but can you point me in the direction of your sources for that? I'm kind of lazy and google/my google fu sucks for me recently. no big prob if you can't though

[-] masquenox@lemmy.world 1 points 1 year ago

Sure thing. The part you're interested in starts at about 4:23.

[-] dx1@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Not "completely". They spend into a deficit every year, which is partially financed with tax and partially financed with debt obligations. It's more that any spending is paid for 50% tax and 50% "indirect inflation tax" later, or whatever the exact numbers are (I stopped keeping track).

this post was submitted on 31 Oct 2023
1130 points (94.5% liked)

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