How The Federal Government Is Spending Your Money

American politics is one long argument about what government should or shouldn’t be doing, and how it should or shouldn’t be doing it. It’s rare that we step back, take in the larger picture and ask what it is doing. The release of the president’s proposed 2012 budget is a good time to do that. If you want to know what the federal government is really doing, just look where it’s spending our money.

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Two of every five dollars goes to Social Security, Medicare or Medicaid, all of which provide some form of insurance. A bit more than a buck goes to the military. Then there’s a $1.50 or so for assorted other programs — education, infrastructure, environmental protection, farm subsidies, etc. Some of that, like unemployment checks and food stamps, is also best understood insurance spending. And then there’s another 40 cents of debt repayment. If you look at how the federal government spends our money, it’s an insurance conglomerate protected by a large, standing army.

Read more from Ezra Klein at The Washington Post

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