Quote:
Originally Posted by s_wilwerding
Look up military spending as a percentage of the budget - it's around 18-20%. I spend 18% of my monthly income on entertainment. If I were to go broke, it wouldn't be because of my entertainment bill, it would be because my house/cars/boat are too expensive.
In this example, the house/cars/boat are social programs.
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But if you were heading down the path of being broke, the first thing to go would be your entertainment spending. You may sell the boat and one of the cars, but you'd keep the house and 1 or 2 cars, and cut the entertainment spending. It's not the complete solution, but it *is* the obvious first step.