Sunday, December 23, 2007

Government Spending - getting it in perspective

A friend of mine recently pointed out something you can use to get a concept of what the US Government spends. Here is what he said:

"After the recent wildfires, in which a half million people have been evacuated, and 1,500 or more homes have been destroyed, making this the worst disaster of any kind in California history including earthquakes, according to at least one news story, a headline blared that the cost to insurers may be as much as 1.6 billion.

There are other costs, of course, because the insurers don’t pay for the firefighting effort. But if it takes all this fire damage to waste 1.6 billion dollars of insurance money, what does it take to burn up 35 billion on health care, or 196 billion on a foreign war? It’s staggering."

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