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Visualization of the national debt exercise
Posted on 3/4/21 at 11:54 am
Posted on 3/4/21 at 11:54 am
I saw site, pretty cool IMO. My kid's school was looking at in class.
Simplified version of the fed budget and you can make your own changes to balance it. Takes a lot of clicks, but I think that's a good thing. Shows how much damn money is in play. Basically we're screwed.
Would like to see local and state versions too.
LINK
Simplified version of the fed budget and you can make your own changes to balance it. Takes a lot of clicks, but I think that's a good thing. Shows how much damn money is in play. Basically we're screwed.
Would like to see local and state versions too.
LINK
This post was edited on 3/4/21 at 12:00 pm
13
Posted on 3/4/21 at 12:03 pm to ChunkyLover54
quote:I trimmed the shite out of that
“General government”
Posted on 3/4/21 at 12:08 pm to jimbeam
quote:
I trimmed the shite out of that
me too. Just shows how screwed we are. Either cut the hell out of everything or massively raise taxes
Posted on 3/4/21 at 12:09 pm to ChunkyLover54
That POS Kasich popping up can tell you where this is going.
This post was edited on 3/4/21 at 6:38 pm
Posted on 3/4/21 at 12:17 pm to ChunkyLover54
Increase military spending and cut out economic security.
Is it that fricking hard?
Is it that fricking hard?
Posted on 3/4/21 at 2:11 pm to ChunkyLover54
There is a wealth of charts and data in the information tabs (blue lower case i with a circle around it.) Click on each sector of the economy to make more of them pop up.
It really highlights the unsustainability issue.
It really highlights the unsustainability issue.
Posted on 3/4/21 at 2:41 pm to NineLineBind
quote:
It really highlights the unsustainability issue.
Yeah it's good, IMO. Of course you could look at first-hand docs for more but it puts it in perspective with enough info.
Those charts are telling. Eventually it will catch up in a big way
Posted on 3/4/21 at 3:08 pm to ChunkyLover54
50% of the country doesn’t contribute anything to taxes yet everyone feels like they should have a say in what we spend money on. It’s pretty crazy.
Posted on 3/4/21 at 3:21 pm to ChunkyLover54
The tax aspect of this doesn’t take into account the laffer curve, but that is probably too complicated to put in this, and who knows what the true laffer curve looks like.
Posted on 3/4/21 at 3:38 pm to ChunkyLover54
I was always hoping Trump would conduct his budget meetings like Bill Mitchell in the movie Dave.
Posted on 3/4/21 at 3:50 pm to ChunkyLover54
Posted on 3/4/21 at 3:55 pm to ChunkyLover54
Whoah............ the revenue part of this says total Corporate income tax revenue is only 252 billion.
Complete and total shite numbers and a shite site with garbage misinformation.
Complete and total shite numbers and a shite site with garbage misinformation.
Posted on 3/4/21 at 4:11 pm to deeprig9
HAHA! If you click the "Wealth Tax" button you instantly eliminate 36% of our problems!
What a garbage "non partisan" calculator.
What a garbage "non partisan" calculator.
Posted on 3/4/21 at 4:12 pm to deeprig9
Also defense spending only being 500 billion of the budget is LOL.
Garbage.
Garbage.
Posted on 3/4/21 at 4:56 pm to deeprig9
Defense is $782B. What should it be?
Posted on 3/4/21 at 4:57 pm to ChunkyLover54
126.7% towards a sustainable budget.
Posted on 3/4/21 at 5:01 pm to ChunkyLover54
our illegit debt has been erased,a new gold backed currency will be coming
Posted on 3/4/21 at 6:23 pm to ChunkyLover54
quote:
Defense is $782B. What should it be?
Wrong, that's defense discretionary spending. Not total DOD spend. Most of DOD spend is hidden in the satanic web of "Mandatory Spending" which this stupid little puzzle in OP link doesn't address.
Posted on 3/4/21 at 6:33 pm to catholictigerfan
quote:
The tax aspect of this doesn’t take into account the laffer curve, but that is probably too complicated to put in this, and who knows what the true laffer curve looks like
You don't even have to use academic theory (which I agree with at extremes) it's just not a straight line. The problem is we haven't had receipts higher than about 18% of GDP. This and unproductive deficit spending and a failed education system means we can't grow out of it. So we will continue with monetary debasement and pray for a war or some sort of technological boom. These people talking about infrastructure spending digging us out are insane.
Posted on 3/4/21 at 6:35 pm to ChunkyLover54
Man, we quit caring about the debt as a country a long time ago under Bush/Obama.
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