 ...if America today could operate fully secure from a national security standpoint with today's defense spending ratio (about 5% of national income...) and without social [spending], then today's federal government total spending would be but 10% of the economy's national income instead of 150% higher at 26% of the economy. That would amount to federal spending of about $1.1 trillion, instead of today's spending total of $2.8 Trillion, a cut of $1.7 trillion equivalent to $5,686 per man, woman and child. 
Michael Hodges
Grandfather Economic Report series
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