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ChromeFoundry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 11:43 PM
Original message
The Biggest Issue of 2010, In One Chart
If you were asked to produce a single chart illustrating the biggest single political issue in America today, what would it look like?



In this chart, where we've graphed the trajectory of the total spending of the federal government with respect to the median household income in the U.S. for the years from 1967 through 2009, we see that the U.S. federal government's spending today has decoupled from the primary source of income that is required to sustain it.

<...>

In practical terms, that means government spending has become completely disconnected from the ability of the typical American household to support it. And until this skyrocketing spending growth is arrested and reversed, we suspect that government spending has become disconnected from the ability of any American household to support it.

Source: http://politicalcalculations.blogspot.com/2010/09/biggest-issue-of-2010-in-one-chart.html
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 11:55 PM
Response to Original message
1. Actually, it is the tax cuts....................


Eliminate the tax cuts, end the wars, and things will get better.

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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 11:57 PM
Response to Original message
2. Stupid site does not allow comments.
Probably cannot handle discussion.
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Sancho Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-22-10 11:57 PM
Response to Original message
3. Stop spending on the military...
and unnecessary wars from Korea to Vietnam to Iraq and Afghanistan...and government spending would be no issue.
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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-23-10 12:07 AM
Response to Original message
4. Let's re-employ 30 million people and that will help shrink this
Ironic. We had $15 trillion to loan out to Wall Street, but now that it's the non-working person who needs a job, suddenly
the deficit is the most important thing.
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-23-10 12:15 AM
Response to Reply #4
5. Yep, did not all the Republican Presidents say
that the deficits don't matter, so they run them up, and now suddenly they matter.

Why did they not listen to Clinton?
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Zoeisright Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-23-10 02:00 AM
Response to Original message
6. Um, the government had to spend money to stimulate the economy.
This chart is disingenuous. Especially since median household income FELL during Bush's two reigns of error.
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dawg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-23-10 03:13 PM
Response to Original message
7. This chart is intentionally misleading.
Fails to consider population increase over the period. As the country grows, total outlays relative to median income will rise in line with population growth even if there is no increase in government spending per capita. Charts like this are designed to inflame, alarm, and mislead.
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-23-10 04:05 PM
Response to Original message
8. Military Industrial Complex
Most of our taxes go toward things that KILL other things.
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