Why Aren’t We Meeting Basic Needs with Our ‘Abundant’ Resources?

Introduction

The question ‘Why isn’t there enough money to fund healthcare, education, or housing for all citizens if we have so much money?’ hits at the heart of many pressing issues in society. It challenges the notion that resources are plentiful, yet basic needs are not being fulfilled. This essay explores the underlying economic and social factors that contribute to this paradox.

Perception vs. Reality

Many people believe that the country has vast resources, but the reality is more complex. The rationale behind this belief often stems from a skewed perception of wealth, largely influenced by segments of society with vested interests. Think tanks, industries, and special interest groups like the NRA, the healthcare industry, the petroleum industry, and the military complex all have substantial lobbying power. Children, unfortunately, do not have a voice to advocate for themselves, as they are perceived to be a ‘photo op’ for politicians rather than a crucial priority.

Economic Landscape

The United States economy is often referred to as a 'machine' with a gross domestic product (GDP) of about $20 trillion. However, a deeper look at how money is allocated reveals an economy that is more a service-based exchange rather than a wealth creation and manufacturing powerhouse. This service-based economy means that most of the GDP is a result of transactions and not actual wealth creation.

Consider the following figures:

Workforce: Only about 168 million people are working, and only two-thirds of them make enough to file taxes. Total Population Support: These 168 million workers are supporting over 330 million people, including those who do not work or file taxes. Government Revenues: Federal, state, and local taxes amount to a staggering $4.4 trillion annually.

While these figures seem substantial, when broken down, the allocation of these funds reveals significant gaps in resource distribution, particularly towards healthcare, education, and housing.

Healthcare Spending

Healthcare spending, which is a critical area for investment, accounts for a substantial portion of the GDP but falls short of what's required. The cost of public schooling before advanced education is a considerable expense, but it still doesn't tap into the full potential for healthcare investment.

Housing for All

The funds allocated towards housing are far from sufficient. Both government and private spending on housing do not come close to meeting the needs of the entire population. The lack of affordable housing is a pressing issue, exacerbating poverty and economic inequality.

Challenges and Solutions

The root of the problem lies in the constant demand for more, more, more. The belief that there is 'so much money' obscures the harsh reality that the national debt exceeds the total value of the economy. This unsustainable borrowing and spending inevitably lead to prioritization of certain areas at the expense of others.

For example, the latest fighter jet for the Pentagon cost a massive one trillion dollars. This astronomical expenditure, while critical for defense, could have been used to completely revamp the country's infrastructure. The choice between guns and butter exemplifies the tension between military spending and social welfare. One area must inevitably suffer for the other to be sustained.

Conclusion

Thus, while it might seem that our resources are ample, the reality is that they are finite and often misallocated. Real change requires a reevaluation of our economic priorities, placing children and basic services like healthcare, education, and housing at the forefront. Only then will we truly have a society that functions for all, not just a privileged few.