this post was submitted on 13 Jul 2024
6 points (52.1% liked)

politics

18828 readers
4553 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
  2. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  3. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  4. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
  5. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  6. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] mozz@mbin.grits.dev 28 points 2 months ago* (last edited 2 months ago) (1 children)

Hold the fuck up

This has got to be wrong

The IRA alone was a trillion dollars, roughly speaking, in new “social and economic spending”. Where is that on this chart?

I’m gonna do some digging and see what this is. My guess is that “social and economic spending” is cunningly defined as within certain existing programs, which took a back seat to the massive new programs which are not included, but let me see what I can find about it.

Edit: Yeah, I'm pretty sure this is 100% just made up numbers. Like literally just writing any random shit on the chart and bald faced lying that it's the actual numbers. He has citations, but they're all citations to other articles of his.

Here are the numbers:

Military spending is easy to measure, because it's a whole separate slice in the infographic. It went up, but not to where he says -- over those three years it went from $742B to $751B to $805B. His chart shows it climbing up way up to $900B.

Social spending is a little more complex, because it's not a single category in the same way, but you can literally add up things that are separated on the chart and see that even the sum of selected social/economic programs adds up to more than he says. I knew this was wrong because the scale of social spending, under Biden or before him, was so massive that you don't even have to get detailed to show why it's wrong.

  • 2022: Student loan programs + income security + medicaid + medicare + social security = $3.6 trillion
  • 2023: Income security + medicaid + medicare + social security = $3.3 trillion

He doesn't really break down what he means by "economic and social," so maybe he's using a definition that doesn't include social security or student loan forgiveness in social and economic spending or something, but given the fact that he lied about military spending I feel fairly comfortable saying that he probably just made up some random shit and posted up a chart full of Fox News style total lies.

[–] capital_sniff@lemmy.world 1 points 2 months ago

For 900 billion we could buy nine Elon Musks or like six Putins.