Debt ceiling hypocrisy: US boosts military budget while restricting food stamps for poor
US politicians from both parties agree: the defic…
Geopolitical Economy Report · Ben Norton
June 1, 202325m 20s
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Show Notes
US politicians from both parties agree: the deficit doesn't really matter. In their bipartisan deal to raise the debt ceiling, Biden and Republicans agreed to boost military spending to $885 billion, while making it more difficult for the poor to receive food stamps and welfare.
VIDEO: https://youtube.com/watch?v=QUygZa2Eyx4
Sources and more information here: https://geopoliticaleconomy.com/2023/06/02/debt-ceiling-us-military-food-stamps
How a US debt trap in Argentina is fueling inflation, dollarization, far right: https://youtube.com/watch?v=1BRx90DhYWM
US makes up c 40% of global military spending, 10x Russia, 3x China: https://geopoliticaleconomy.com/2023/05/02/us-military-spending-russia-china