Government should always be minimized
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2023 Jul 18, 5:56am 13,752 views 215 comments
by Patrick ➕follow (59) 💰tip ignore
https://boriquagato.substack.com/p/setting-the-stage-for-your-own-execution
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AD
2024 Jun 20, 11:10pm
AD
2024 Jun 20, 11:10pm
I thinking about when I took the intermediate (level 2) acquisitions management course at Defense Acquisition University and the instructor at day one said that around 20% could be cut from a major acquisition program and it could still meet the Pentagon's requirements.
The Federal Reserve policies contributed to the federal debt to GDP ratio reaching the current level of 121%, whereas it was around 106% right before the COVID pandemic started.
And I read using Google Gemini AI that about $660 billion was spent on federal debt service in 2023, compared to
* $773 billion for the Pentagon
* $887 billion for Medicaid
* $302 billion for Veteran Affairs (about $151 billion of this went to VA disability and income security/pension payments)
Congressional Budget Office forecasts around $870 billion for federal debt service in 2024 which surpasses the Pentagon budget :-/
The Federal Reserve policies contributed to the federal debt to GDP ratio reaching the current level of 121%, whereas it was around 106% right before the COVID pandemic started.
And I read using Google Gemini AI that about $660 billion was spent on federal debt service in 2023, compared to
* $773 billion for the Pentagon
* $887 billion for Medicaid
* $302 billion for Veteran Affairs (about $151 billion of this went to VA disability and income security/pension payments)
Congressional Budget Office forecasts around $870 billion for federal debt service in 2024 which surpasses the Pentagon budget :-/
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