Fact is liberals refuse to slash any of their social programs which amount to most of the US debt. The only program the liberals ever support cutting is the military.
Actually, I'd wager a bet that a majority of the US debt was caused by using deficit spending to pay for an unnecessary war in Afghanistan and an unnecessary war in Iraq.
What are you wagering? You'd lose. Badly. First off, if we're to use phrases like "using deficit spending", we should first start with a recognition that all dollars spent collectively either generate a deficit, or they don't. If we want to know what caused a deficit though, we should perhaps look at the spending deltas over time and see what things changed in terms of spending trends.
In 2000, the defense budget was $295B, discretionary domestic spending was $298B. In 2007 (the last year our debt was at a sustainable rate), defense spending was $547B while discretionary domestic spending was $458B. So defense spending outgrew domestic discretionary spending over that time period. Not surprising since we were fighting two wars. But remember, at that point the debt rate wasn't out of control. Thus, that spending increase wasn't what put us in this current debt crisis.
By 2010, those numbers had changed. Defense spending increased to $689B, while domestic spending increased to $614B. So in the three years when we went from sustainable debt to debt crisis, defense spending increased by $142B/year, while domestic spending increased by $158B. So discretionary domestic spending accounts for more of the increase in spending during the time when the debt became unsustainable
. I'm not sure how you can argue that the majority was caused by wars.
And that's only the discretionary domestic spending btw. That's the smallest part of the problem. Social Security increased by $120B during those three years, Medicare increased by about $85B, Medicaid increased by about $80B, and Income Security (welfare essentially) increased by about $235B. So that's about $510B dollars in increased spending over a three year period. Add that to the modest discretionary domestic spending increase and the total comes in around $660B/year in increases spending. Now that $142B/year increase in defense doesn't look so huge, does it?
And btw, some of those numbers are more massive when you look at the relative increase. Social Security and Medicare increases were pretty much on their normal curve cost wise. But medicaid? That $80B increase was about a 50% jump in total cost (it went from $190B to $272B). Income Security increased by 110% (from $203B to $437B), an absolutely massive increase.
Let's look at the deltas though. We went from a $160B deficit in 2007 to a $1.2T deficit in 2010. So that's a $1040B difference. Revenue dropped by $400B during that time, so that leaves us with $640B in spending increases left to explain the increased deficit. Hmmm... That's almost exactly the spending increases we've seen. Now, if we subtract the Social Security and Medicare increases (because those increases were not super unusual), that puts the "domestic" spending increases at about $500B. Add in the $140B in military expense increases and we've pretty much explained the whole deficit delta.
Here's the thing though. We could exclude any of a number of dollar spending increases over that time period as "normal" spending increases (just as I did above with SS and Medicare). Coupled with a shrinking/sluggish economic growth, those numbers are problematic but don't necessarily represent "new spending increases". Where we really see the increase is in medicaid (which was never supposed to be more than a minor offshoot to medicare btw), and income security. The larger point is that you are absolutely 100% wrong to suggest that more than a very small factor to our current debt crisis is because of military spending.
It's just plain not true. It has never been true. Repeating it over and over wont make it any more true. Yet it's amazing how many people just repeat this talking point verbatim without ever bothering to check the facts themselves and in some cases even after they've had the facts shoved right in their faces and the false claim revealed for what it is. Please stop lying about this. I've probably heard this same claim made 7 or 8 times on this forum in just the last week or so. It is just not true.