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A country takes in $200 billion in taxes. It spends $300 trillion on military and $10 trillion in social programs.
A single mother of 3 earns $31,080 a year. After rent, utilities, food, and necessities, she has $100 left each week and that's with scrimping. Her health care plan covers most items-- except for the Asthma inhaler her son needs every day. It costs $200 every month for 30 days of use. Her daughter needs braces but there's a co-pay. Her other daughter needs a special uniform to attend school but 2 uniforms--used--cost $120. All 3 kids need clothes and new shoes. She worries that her 1999 Honda with 150,000 miles on the odometer won't last another 2 months.
Weathermen forecast a hurricane from Florida to Virginia. Citizens buy up all the bottled water, plywood, and nails throughout the region. Stores can't get another shipment because the storm is coming.
Store A holds a sale on bread and milk, offering each one for half price. Within 6 hours, there is no bread or milk in the store. Subsequent customers cannot buy these products, even at the regular price, because there is now a deficit in supply.
The US droughts affected grains. This shortage meant farmers had to sell or slaughter their cows. Come the fall, there's a deficit of any foods made from grains, and shortages of milk and beef. Prices are higher across the US.
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