Federal Spending in Handy Graphic Format

[Lemur]

Having trouble coming to grips with how much Federal spending has exploded in the last six years? Boggled by the big numbers? The Heritage Foundation has done us all a favor by putting together pretty graphs. Enjoy. To the socialists in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad? To the "conservatives in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

Sample graph:

[Crazed Rabbit]

To the socialists in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

I thought they'd want that.

To the "conservatives in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

Yes.

Curse the people who started it, and curse the people who continue it.

Crazed Rabbit

[Papewaio]

Is it indexed to inflation?

Although that could hide some of the government spending as it causes inflation just like any other spending does...

[Lemur]

Check out the link, Pape, if you're interested. Some of their graphs are indexed for inflation. They're not trying to pull a fast one -- quite the opposite.

[Papewaio]

I should have read the Y column on the graph... it is adjusted.

Anyhow I was surprised to see that corporate taxes are quite high at 35%.

[Xiahou]

To the "conservatives in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

Gee, let me think about that one.......

Yep, it's bad.
Got a graph for non-defense spending?

Anyhow I was surprised to see that corporate taxes are quite high at 35%.

I agree- our corporate taxes are quite high and probably should be lowered somewhat. Don't try telling that to the "Bush only gives tax-cuts to the rich" crowd.

[Spino]

Having trouble coming to grips with how much Federal spending has exploded in the last six years? Boggled by the big numbers? The Heritage Foundation has done us all a favor by putting together pretty graphs. Enjoy. To the socialists in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad? To the "conservatives in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

I shudder to think what that graph is going to look like once the Baby Boomers start retiring en masse. The average Boomer has an appalling lack of money saved for retirement, especially when compared to their parents' generation (yes, even after adjusting for inflation). We're talking about tens of millions of chickens coming home to roost, and most of them will be lean and looking for feed...

[Ironside]

]. To the socialists in the Backroom: Isn't having the state control a large swath of spending, I don't know, bad?

It depends on how much the state and it's citizens gains on that spending. Like a company invests it's money, the goverment does it too, only that the cost/benefit ratio gets wierder and more complicated .

For example, building a huge bridge out in nowere won't give the infrastructural gain (and this already isn't the easiest to calculate) needed to refund the bridge, but as you needed to pay a contractor and a bunch of workers, thier gain is larger and as they pay income tax and VAT a part of that money will go back to the goverments treassure chest in non-conventional way.

But atleast you can say that it's generally better to not be forced to loan to cover your expenses, and that spiraling costs isn't that great either, unless the income follows.

So govt. spending is $22,000/household in total but without defense spending factored in it's $4,000/hh?

That means defence spending is $18,000/household in the US? More than 4 times what is spent on all other things? Am I reading that right?

No, the second diagram only shows non-manditory costs in the budget, aka those costs that are negotiated about every year.

I think Xiahou prefers this diagram:
http://www.heritage.org/research/fea...harts_S/s6.cfm
Notice that it still lacks the manditory costs (like Medicare and Medicaid and probably manditory military projects too.)

[IRONxMortlock]

No, the second diagram only shows non-manditory costs in the budget, aka those costs that are negotiated about every year.

Whew, glad I asked. Not only does that make me feel much better about the US, I was just about to go nuts with a "WTF ARE YOU PEOPLE THINKING" rant.

[yesdachi]

I think Xiahou prefers this diagram:
http://www.heritage.org/research/fea...harts_S/s6.cfm
Notice that it still lacks the manditory costs (like Medicare and Medicaid and probably manditory military projects too.)

That diagram does give a better picture of the situation. Allows me to dislike it (the situation) with more confidence.

[Lemur]

Here's a graph that should end any chance of anybody not getting mad (and it should permanently end anybody claiming that the current Congress is "conservative"):

[yesdachi]

Aren’t pork projects one of the way the gov helps the country recover from a recession?

[Don Corleone]

Discretionary spending in general is how the government spurs economic development in down times, Yesdachi. Earmarks are how congressmen and senators get reelected, as Congress forces the appropriate agency to give the money to the designated project/corporate interest. You can almost see Ted Stevens and Robert Byrd there in those increasing columns...

[Xiahou]

Here's a graph that should end any chance of anybody not getting mad (and it should permanently end anybody claiming that the current Congress is "conservative"):

Got one that goes back further than that?

[Lemur]

Got one that goes back further than that?

You've got the link to the set -- go to town!