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"Look closely at this chart of federal spending." It says spending on the "military" accounts for 57 percent of the federal dollar, with other categories ranging from 1 percent to 6 percent.
That ratio is higher than at any point since ICE began collecting data, including during the housing bubble of the mid-2000s. Inflation has also impacted spending on major purchases. Balances on ...
In 2000, the dot-com bubble burst, destroying $6.2 trillion ... but the rich had almost no debt and didn’t need to cut back their spending. The chart above splits U.S. homeowners into net ...
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