Turborama (597 posts) Sat Feb-07-09 01:22 PM
Original message
Death and Taxes 2009: A Visual Guide to Where Your Tax Dollars Go
Advertisements [?]Edited on Sat Feb-07-09 01:31 PM by Turborama
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{large insert of what appears to be a misleading poster about the budget}
Romulox (1000+ posts) Sat Feb-07-09 01:54 PM
Response to Original message
2. The stimulus bill contains an INCREASE in "defense" spending, no? nt
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mainegreen (1000+ posts) Sat Feb-07-09 01:54 PM
Response to Original message
3. Always loved that poster. Great way to scare oneself late at night.
As the poster seems to greatly emphasize defense spending, I thought this was interesting:
Table 15.5 — Total Government Expenditures by Major Category of Expenditure as Percentages of GDP: 1948–2006In 2006, the budget was 31.8% of the GDP; defense was 4.2%, interest was 2.0%, Social Security and Medicare were 7.1% and other federal payments
to individuals was 5.1%. This would make
defense expenses about 1/3 of social expenses.
The year I was born, 1959, the budget was 27.3% of the GDP; defense was 10.6%, interest was 1.3%, Social Security and Medicare were 1.9% and other federal payments
to individuals was 2.7%. This would make
defense expenses 3x social expenses.
The whole chart is available...but it sure doesn't prove any of the DUmmy's certainty that
defense expenses are running up our deficit.