Re: Federal Expenditures


"Rumpelstiltskin" <PleaseDoNotReplyByEmail@xxxxxxxxxxx> wrote in message
news:dvt702lulpuhj2132omn0g1n42fdhrtdqk@xxxxxxxxxx
On Tue, 28 Feb 2006 03:55:16 GMT, "Jerry Okamura"
<okamuraj005@xxxxxxxxxxxxx> wrote:

An article in one of my FRB publications had some interesting information,
that I want to share with you. I have not had the time to analyze this
data, so I do not know exactly what it means. Real per capita Federal
Expenditures seem to have risen very sharply since around 1918 and now
represents around $7,000 per capita. Real per capita Federal
Expenditures
from 1947 through 2002 has risen from a little under 2,000 to around
7,000.


With an 8 trillion dollar debt and 300 million people in the
country, that's $2700 per person just to pay interest on the
debt that's been run up. That's $2700 down the drain, we
don't finance any schools or police forces or roads with it.

Well, yes. If you spend more than you receive, you will incur debt. Not
much differeent that Joe Sixpack, who racks up a lot of credit card debt...
But it seems to me the problem is, everytime someone really wants to address
the problems that are part of the reasons we incur debt at the federal
level, somone else cries bloody murder. For instance, you always argue that
the way to solve the problem is to raise revenue, which is in itself a phony
argument, because raising revenue does do a darn bit of good, if you also
raise expenditures, which is of course what happens.... And of course we
seem to love it when the Federal Government gives us another goody, which of
course means more spending....


.

Relevant Pages

  • Re: Federal Expenditures
    ... Expenditures seem to have risen very sharply since around 1918 and now ... With an 8 trillion dollar debt and 300 million people in the ... If you spend more than you receive, you will incur debt. ... the way to solve the problem is to raise revenue, which is in itself a phony ...
    (soc.retirement)
  • Re: Thats Three Votes Parvati Wont Have
    ... health care puts us at a competitive advantage vis a vis the US ... Roughly 1.5% rising to 2.0% of expenditures by 2012 particularly ... Theoretically out of debt in 46 years - it takes ... Given that the per capita Federal debt has risen sharply ...
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    ... expenditures: $920.6 million ... Debt - external: $18 billion ... The CIA Factbook still has problems with Date of Independence - they have ...
    (rec.autos.sport.f1)
  • Re: W
    ... >>Or cut expenditures and pay off the debt? ... >How about cut taxes and expenditure and start paying on the debt. ...
    (sci.med.dentistry)
  • Re: Federal Expenditures
    ... I have not had the time to analyze this ... Expenditures seem to have risen very sharply since around 1918 and now ... If you spend more than you receive, you will incur debt. ... the way to solve the problem is to raise revenue, ...
    (soc.retirement)