The numbers should be considered estimates. Its hard to find a good source for the data. The total amount of spending is about $4.3 trillion, after I add back in some "negative" spending that somehow makes its way into the budget.
Very interesting. I tried "Health" instead of Medicare/Medicaid, school boy British error. I think I also tried most of those that just missed out on the list.
Quite scary that the US spends three times as much on repaying the interest on its debts than on educating its children.
Same here. Got only for while trying most of the second list. "Health" should be accepted. Further, it is strange that "Disability + SSI" is not already included in "Social Security". And finally, "Veterans Affairs" maybe either part of "Defense", "Social Security", or "Retirement" (as is accepted by the quiz).
I only got defense... I tried all the ones that are covered in budgets in my country, but either they were too vague or just obviously not important enough or wrong terminology. (No idea about the difference between Medicare and Medicaid) Tried health, welfare, housing, transport, education, foreign aid, environment, law enforcement and even vague things like infrastructure. Didn't even think about veterans or that disability would be separate to health stuff! The US is so confusing.
I got social security, medicare and defense. I guessed many others much like you did and then started thinking of the departments they would fall under. I guessed federal employees but didn't include the word pension and thought the veterans would be included in defense. I should have remembered interest on the debt since it is becoming a real problem fast.
Me too. And we aren't the only ones either, just look at the answer stats: 99% of people got Defense but only 41% got the next highest one. The answers were a lot more specific than I expected.
I'm not American, so had a difficult time with this one. Kept trying Health Care, but didn't think of calling it a different name. I as shocked, absolutely shocked that Foreign Aid and Education are not among the big group.
The US spends way more on foreign aid than any other country but no country spends (much) more than 1% of its GDP on this. As for education like QM points out above the American education system is largely a local affair. States, municipalities, and families of students paying tuition directly together contribute way more than the federal government does.
The US spends more in absolute dollar terms than every country but China (which recently passed us), but we're severe laggards in both dollars per capita and in % of GDP - especially if you split EU spending up among member nations based on the % of EU funding provided by each country.
When no country on Earth gives even 2%, it's really silly to say any country lags severely. Nobody is giving that much in terms of %. The only relevant metric, then, is absolute numbers.
noodles, it's not surprising as the UN target is 0.7% and this list shows 3% and over. Some countries do give over 1% (UAE, Qatar, Norway and Sweden) and per capita Norway gives $812 compared to the US' $95. Were the US to raise their per capita to match Norway (i.e. the #1 donor per capita), it would still only be 1.27% GDP. It is normally measured as % Gross national income (GNI) which for USA is approximately = %GDP.
Closest I came to a right answer without getting it was when I tried some variations of "payroll," "employee payroll," "federal employee payroll"... didn't know I had to exclude the ones who weren't yet retired.
For comparison, here are the segments the budget of Estonia pays for from largest to smallest: social protection; general public services; healthcare; economy; education; national defence; public order and security; leisure, culture and religion; environmental protection.
So more or less the same as the USA... except that, like most other countries in Europe, they can afford to spend nothing on defense and simply rely on the USA to defend them, and thanks in part to that they don't have anywhere near as much debt to pay interest on, either.
5/8 for me. I forgot to separate out Medicaid and Disability+SSI from Medicare, and didn't think about federal employee pensions at all (which is weird because in my home state of Illinois, state worker pensions are infamously one of our biggest economic problems).
I would totally have nailed most of the next eight biggest expenses had they been included, since I ended up guessing a lot of those and then giving up when I ran out of ideas.
Peru has a per-capita income of over $10,000 and still doesn't have clean drinking water - to cite one example. It's clear that clean drinking water is not just about having adequate money.
Quite. For everyone on Earth to have clean drinking water, we must out oppressive governments, we must stop water pollution, and plenty of other things. You can't just buy some pipes and pump water to everyone.
This is rather misleading as many of these are funds that are being paid back from collective pools the recipients pay into, just like private insurances and retirement accounts. They run on their own money so to speak. The military comes from taxes - give a number and we'll make everyone pay it.
We are drawing much more from social security and medicare than we put in. And we clearly didn't save from previous years given our gigantic debt. U.S. government spending is, more than ever, distributions to the elderly and less than ever investments in the future.
To all the people who think we can afford dozens of new government programs like Medicare for All and the Green New Deal just by slashing the military budget, I don't think they've ever looked at these numbers.
Quite scary that the US spends three times as much on repaying the interest on its debts than on educating its children.
Would be scary if true. Most education spending is done at the state and local level. Total government spending on education is over $1 trillion.
I would totally have nailed most of the next eight biggest expenses had they been included, since I ended up guessing a lot of those and then giving up when I ran out of ideas.
and Obama golf adventures