Where has YOUR tax money gone?

Where has YOUR tax money gone?

Our national debt has just passed 16 trillion dollars. The U.S government is expected to collect 2.9 trillion dollars next year in tax money. How will our government ever be able to fix the debt without taking some of our privileges  away?

Our first problem is every year our government spends almost a trillion dollars on national defense.  We spend more money than every country in the European Union combined. We owe so much money yet we don’t stop buying new bombs and tanks to protect a country that hasn’t been attacked in 10 years.

The debt cannot be fixed in a day, or even a year, it is going to take time. Instead of the government cutting programs to help the average American such as Medicare or social security we should cut our budget on national defense. In time we would make a lot more money to create lives much simpler for the American person.

What we need to understand is that our country has never not been in debt. The debt has increased a substantial amount, but it could all be solved. We do not have to eliminate the debt we are in, but we do have to lessen it.    

Our second problem as a country is war. If we ever want to fix our debt we need to stop going into war with other countries. The Iraq war totaled to over 1.5 trillion dollars. On average in one year we spent about 600,000 dollars on one soldier and now while we are in debt are spending 1.2million dollars per soldier in the afghan war. Is this necessary, who are we fighting?

Our government is fighting a war on terror while more than 10% of our country is without a job. Have you ever thought about the war on terror? What is it? The war on terror will never end, because you cannot get rid of terror.

If you were to eliminate or dramatically cut these two factors then in some time our country would become financially stable again. So, what will our government do to fix our debt?

Sources: http://nationalpriorities.org/budget-basics/federal-budget-101/revenues/

Todd Harrison of the Center for Strategic and Budgetary Assessments http://www.npr.org/2011/12/18/143916137/the-cost-of-war-in-dollars-and-lives