The 2012 Election in Pictures
George Savage ·
Apr 29, 2011 at 5:49pm
The indispensable Heritage Foundation has just released its 2011 Budget Chart Book. Take a gander, alert your friends, especially the skeptics, and maybe lob a message into the youngster manning the phones at your congressman's office.
You will not find a clearer or more compelling resource illustrating the fiscal mess we find ourselves in...or its cause.
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Jun '10
Re: The 2012 Election in Pictures
Government-subsidized health care will end up being rationed in America, just like it is in most places. They'll do it by creating bottlenecks, in the form of long waiting lists, or inadequate compensation for doctors and hospitals. Call it euthanasia by other means. You'll be told not to blame the system. "It's not the systems fault. It's fate. If only you could've held on a little longer...that's too bad...."
Edited on Apr 29, 2011 at 6:18pmOct '10
Re: The 2012 Election in Pictures
Can't offer a link, but it was my understanding that, if the current level of spending continues, by the mid-to-late 2020s the entire federal budget would be needed to pay interest on the national debt. Interest payments now are costing the gov't $200 billion a year with our currently very low interest rates.
Mar '11
Re: The 2012 Election in Pictures
I prefer Paul Ryan's exponential graph. Or, um, hockey stick.
Edited on Apr 29, 2011 at 9:04pmRe: The 2012 Election in Pictures
David Williamson: I prefer Paul Ryan's exponential graph. Or, um, hockey stick. · Apr 29 at 9:02pm
Edited on Apr 29 at 09:04 pm
David, I agree that Paul Ryan's graphic is effective. However, you should look at all of the charts at the link in my post. Here's one more that captures the accelerating rate of increase in debt accumulation.
Aug '10
Re: The 2012 Election in Pictures
That's an ominous chart.
What's even greater cause for despondency is that the GOP doesn't even have the stones to cut even the most obvious superfluous, unjustifiable, and trivial spending, such as the continued funding of NPR and Planned Parenthood.
There is absolutely no evidence that the US and international governments can fix this problem. The magnitude of the numbers, along with the entitlement mentality that has taken root in our society pretty much assure that Humpty Dumpty is not going to be put back together again. What the phoenix will look like is hard to say, but the debt write off and revaluations that will be required to re-establish a viable system are going to slaughter a lot of people and vaporize a lot of wealth.
As any good old-school Boy Scout would say, 'Be Prepared'.
Hope for the best, but expect the worst.
Edited on Apr 30, 2011 at 3:24amSep '10
Re: The 2012 Election in Pictures
Both the GOP and Dems have been spending taxpayer money, to buy votes to stay in office for decades. Both the GOP and Dems have been raising taxes to pay for their spending. Our children and grandchildren have been stuck with the lion’s share of the increase. Now I am asked to believe the GOP is going to stop. Unfortunately their current proposal, The Ryan Budget, proposes to continue the same practice at a slower pace and begin fixing the problem a decade or so in the future. Excuse me if I am a bit skeptical, but it seems to me it is the same big government pols playing the same game.
Aug '10
Re: The 2012 Election in Pictures
Yeah, I know. Getting either side to stop seems unlikely. But... I'm prepared to bet that one of the parties is less unlikely to stop than the other.
After all, what other choice do we have?
A one-in-a-million chance is still better than a one-in-a-billion-or-trillion chance.