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Originally posted by Blueracer
The only thing that would happen if we paid more taxes is that the government would spend more money. They need to learn how to control spending. We pay too much in taxes as it is.
To stay in Iraq alone will cost us 10 billion a month and this is not including all of his other programs.
Keynesians believe that fiscal policy should be directed towards the lower-income segment of the population, because that segment is more likely to spend the money, contributing to demand, than to save it.
The federally budgeted (see below) military expenditure of the United States Department of Defense for fiscal year 2009 is:
Operations and maintenance $179.8 Bil. +9.5%
Military Personnel $125.2 Bil. +7.5%
Procurement $104.2 Bil. +5.3%
Research, Development, Testing & Evaluation
$79.6 Bil. +4.1%
Military Construction $21.2 Bil. +19.1%
Family Housing $3.2 Bil. +10.3%
Resolving and Management Funds
$2.2 Bil. -18.5%
Total Base Spending $515.4 Bil. +5.7%
The 2005 U.S. military budget is almost as much as the rest of the world's defense spending combined  and is over eight times larger than the official military budget of China. (Note that this comparison is done in nominal value US dollars and thus is adjusted for purchasing power parity.) The United States and its close allies are responsible for about two-thirds of the world's military spending (of which, in turn, the U.S. is responsible for the majority). In 2007, US military spending was above 1/4 of combined industrial and agricultural production in the USA. Military discretionary spending accounts for more than half of the U.S. federal discretionary spending, which is all of the U.S. federal government budget that is not appropriated for mandatory spending. In 2003, the United States spent about 47% of the world's total military spending of US$910.6 billion, according to the Stockholm International Peace Research Institute.
At 4 percent of GDP, defense spending is 1.5 percentage points of GDP below the 45-year historical average and well below Cold War and Vietnam War levels.