Looks around Yep...the US is still screwed.

Liberty · May 1, 2011

Here's Why The US Is Screwed

the-prior-chart-showed-just-a-single-year-2010-heres-what-the-deficit-looks-like-over-time-as-mary-meeker-observes-if-a-company-were-spilling-ink-like-this-shareholders-would-freak.jpg

first-the-big-picture-the-pie-on-the-left-is-revenue-the-money-the-government-has-available-to-spend-the-pie-on-the-right-is-expenses-the-money-the-government-actually-spends-note-the-vast-portion-of-spending-that-comes-from-the-entitlement-programs.jpg

and-dont-let-anyone-tell-you-that-the-problem-is-just-the-recession-here-the-problem-is-separated-into-structural-dark-blue-versus-cyclical-light-blue-were-now-screwed-even-in-good-times.jpg

basically-over-the-past-15-years-weve-spent-an-average-of-8-more-than-weve-taken-in-that-includes-those-happy-surplus-years-which-are-a-distant-memory.jpg

so-whats-the-problem-well-from-a-high-level-the-problem-is-that-the-government-is-doing-a-lot-more-than-it-used-to-heres-how-spending-has-changed-as-a-percent-of-gdp-over-the-past-200-years.jpg

and-heres-a-look-at-the-same-trend-over-time-federal-government-spending-has-soared-from-3-of-gdp-to-24.jpg

and-now-lets-start-to-get-a-sense-of-the-portion-of-that-spending-thats-coming-from-the-entitlement-programs-they-started-in-the-1950s-look-how-fast-theyre-growing.jpg

were-also-spending-a-ton-on-housing-and-healthcare-especially-relative-to-savings.jpg

healthcare-spending-growth-alone-is-staggering-its-growing-7x-faster-than-gdp.jpg

and-now-look-at-the-growth-of-entitlement-spending-11x-over-45-years.jpg

by-the-governments-own-estimate-entitlement-spending-plus-the-interest-on-our-debt-will-consume-all-government-revenue-by-2025-freaked-out-yet.jpg

all-of-this-of-course-adds-up-to-massive-future-liabilities-heres-what-our-unfunded-medicare-medicaid-and-social-security-liabilities-look-like-relative-to-our-current-debt-which-alone-is-frightening.jpg

by-the-way-if-you-exclude-what-were-spending-on-medicare-and-medicaid-the-us-budget-looks-fine-in-fact-were-actually-making-money-dont-you-wish-we-could-just-exclude-those-things.jpg

but-cant-we-just-grow-our-way-out-of-the-problem-sure-if-we-grow-vastly-faster-than-we-ever-have-before-how-likely-do-you-think-that-is.jpg

Still want your entitlements? Grow up, it is time to axe em. Live within your own means and stop being lazy! That's how we will begin recovery.

Liberty · May 3, 2011

Glad to see the entitlement welfare scum of the country leftists have no way to defend this. I guess that means it can't be argued...entitlements are what fucked over the economics of this country and those over seas that use the dollar as a base. Thank you, libs, for fucking the world over in the guise of forced "charity" by the government and taxpayer. It was your plan from the beginning I am sure.

Mad Scientist · May 3, 2011

I'm sure we could afford some sort of Social Program if we weren't slaves to the Federal Reserve and International Bankers.

Liberty · May 3, 2011

Man, no one even CARED to report about the fed doing their first press meeting ever. Not one main stream prime time basic cable anything, it completely blew my mind.

Looks around Yep...the US is still screwed.

Liberty

Silver Member

Liberty

Silver Member

Mad Scientist

Feels Good!

Liberty

Silver Member

Matt Taibbi -Talking Welfare for the Rich with Max Keiser

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*Looks around* Yep...the US is still screwed.

Liberty

Silver Member

Liberty

Silver Member

Mad Scientist

Feels Good!

Liberty

Silver Member

Matt Taibbi -Talking Welfare for the Rich with Max Keiser

U.S. Job Creation by President/Political Party

Similar threads

Latest Discussions

Forum List

Looks around Yep...the US is still screwed.