US geared toward military spending not social betterment
https://parstoday.ir/en/news/world-i179392-us_geared_toward_military_spending_not_social_betterment
The devastating impact of the Coronavirus pandemic and its economic fallout continue to take a toll on the world and provide ample reason to reconsider where taxpayers’ money is being spent.
(last modified 2022-07-17T08:05:57+00:00 )
Jul 17, 2022 08:02 UTC
  • US geared toward military spending not social betterment

The devastating impact of the Coronavirus pandemic and its economic fallout continue to take a toll on the world and provide ample reason to reconsider where taxpayers’ money is being spent.

Several countries have even come to the conclusion that their budget would be better spent where it can potentially ameliorate the economic pressure on their citizens.

In the US, however, while such reassessments are long overdue, along with the trillions of dollars, Congress and successive administrations have lavished on the Pentagon, lawmakers have decided to once again shower the Pentagon with even more cash than it had asked for.

Interestingly enough, this comes as the massive US arsenal and fighting force deployed worldwide have proven to be powerless against grave non military threats to national security.

Gas prices in the US are at an all time high, rent prices have reached record highs, increasing consistently for the last 13 consecutive months.

Inflation is increasing so sharply that even the cost of basic utilities has risen by nearly 30% in the last 12 months. There are growing fears that the economy is poised to fall into a recession.

And now, at a time when Americans are fighting to keep roofs over their heads and feed their families, congress plans to allocate a record $838.8 billion in spending to the Pentagon, which is nearly 40 billion more than the military had originally asked for.

ME