I can’t be the only one that likes to look at hard facts, rather than squawk about someone else’s analysis. Lets do that here. Real numbers, verbiage from actual bills, etc.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Government Spending:
Data from here:
http://www.gpoaccess.gov/usbudget/fy10/pdf/hist.pdf
Notes:
2009 - Bush’s last budget
2010-2013 - Obama budgets
2009-2014 - Estimated numbers
Interesting…
I really like the few areas where there was 0 or + difference!
I just tossed a couple more columns into my excel sheet. Surplus 31 times, deficite 83 times. I wonder how hard it would be to toss in which party was in office. :pedo: Maybe on my lunch break.
^^ You’d also have to account for the fact that some policies don’t take effect right away (lag) which makes the “blame game” a lot harder to chase. I’d leave that out and look at the bigger picture.
What’s the question you’re asking here?
Impact lag in fiscal and monetary policy isn’t nearly as long as some may think. Usually, only 1-2 years at most.
Like Onyx said, most of the blame game is actually irrelevant politics. Presidents don’t have nearly as much power as they are made out to have anyway. (well, at least they shouldn’t) Should make this just about overall picture and ignore the politics.
Oh and a BIG question: Does that data include payments into social security? That money is not suppose to be spent as tax revenue and should be invested for future payout, but they do spend it as income. Hence the largest ponzi scheme ever that is social security.
Are these numbers ever multiplied to account for the fact that shit just costs more today? I mean to make a gun for WWII vs today is drastically diff.
I’d assume these are Real values as opposed to Nominal.
Wow. In 1943 the deficit was double the income. The 2010 projected budget has it at half the income.
Fry, I believe this is the kind of graph you’re looking for. I’ll probably get called an Obama loving lefty simply because there has not been a republican in office I’ve liked in my lifetime that supported true republican values like a smaller government and more power to the states.
I like your idea FRY but it doesn’t matter at this point who is in office, they all spend too much and they all want a bigger government and they all suck at their jobs… it’s simply a matter of who sucks the least.
Good graphs though. Where do you guys get this type of info from?
Fry, I believe this is the kind of graph you’re looking for. I’ll probably get called an Obama loving socialist simply because there has not been a republican in office I’ve liked in my lifetime that supported true republican values like a smaller government and more power to the states.
teh interwebz!!1
It’s very easy to find out a lot of information by using Google. People are so misinformed now-a-days because they expected to be spoon fed the truth by some corporate run cable “news” channel.
Obama was bragging about the GDP increase of 3.5%.
GDP = C + I + G + (X − M) (The G is government spending)
So the government spent $8000 per house sold and $4500 per car sold.
Let’s have the government give away houses and cars and then they can brag that the GDP is up 1000%!:bloated:
I’d hazard a guess that there as been quite a bit of C I and M as well.
:word:
Well said!