alt Hacker News> we instead injected $2 trillion dollars into things like infrastructure (real infrastructure, not GPU warehouses), education, helping out communities ravaged by globalization
Even excluding military spending, US governments spend $2 trillion every 10 weeks.
Replies
jiggawatts • today at 4:31 AM
Not to mention that data centres are infrastructure!
Other nations are falling behind and will be at a real disadvantage soon.
Just to be clear: you're talking about federal and state non-military spending.
And about 10% of this is interest. So over the course of a year, the US is paying about $1.25 trillion in interest at the federal and state level.