The gist of it is that the government can simply issue bonds to create more money if they need it. They are bounded by material constraints, and public sentiment, not by monetary constraints. Saying that funding one thing means another can’t be funded is a fundamental misunderstanding of how government finance works with fiat currency.
It’s not a matter of that money not being available to be spent on other things. That’s simply not how government finance works.
What do you mean… lol before NASA we used that money for other things like infrastructure.
Someone posted a good video explaining exactly this topic earlier today:
https://lemmy.ml/post/5332899
The gist of it is that the government can simply issue bonds to create more money if they need it. They are bounded by material constraints, and public sentiment, not by monetary constraints. Saying that funding one thing means another can’t be funded is a fundamental misunderstanding of how government finance works with fiat currency.