sparky wrote:.
an interesting number is the third row .
How much should the central government need to increase taxes to balance the budget
the answers is that there would , probably , be big trouble with the taxpayers .
SeaGypsy wrote:Monkeys clench their jaws when sexually frustrated, wealthy societies which fail at social services foster a security state, siege state.
vtsnowedin wrote:What government program in the Us could not be cut back 15%?
In 2010 the average national government spent $2,376 per citizen, whilst the average for the world's 20 largest economies (in terms of GDP) was $16,110 per citizen. The federal government of the USA spent an average of $11,041 per citizen (per capita), ahead of only South Korea ($4,557), Brazil ($2,813), Russia ($2,458), China ($1,010), and India ($226) in the twenty largest world economies.[8]
vtsnowedin wrote:What government program in the Us could not be cut back 15%?
The Pentagon has buried an internal study that exposed $125 billion in administrative waste in its business operations amid fears Congress would use the findings as an excuse to slash the defense budget, according to interviews and confidential memos obtained by The Washington Post.
Pentagon leaders had requested the study to help make their enormous back-office bureaucracy more efficient and reinvest any savings in combat power. But after the project documented far more wasteful spending than expected, senior defense officials moved swiftly to kill it by discrediting and suppressing the results.
According to International Monetary Fund figures, world indebtedness stands at $152 (£122) trillion. That’s well over twice global output.
Thanks for that. It's going to refute Tanada's assertion that the world economy is fine and really really wasn't much hurt by $100/barrel oil.
onlooker wrote:According to International Monetary Fund figures, world indebtedness stands at $152 (£122) trillion. That’s well over twice global output.
http://www.dailymail.co.uk/debate/artic ... e-all.html
vtsnowedin wrote: When you buy a house how many years salary are you behind? How much of any years salary can you actually put towards the debt. The wife and kids need food and clothing plus dental visits and dance lessons etc.
The ratio of debt to GDP is a easy number to find but it is a poor measure of the borrowers ability to pay back the loan.
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