Govt. Budget Simplified. . Tate budget explained In simple English. I have " when complex things are simplified so that we can all , United States Tart revenue: Scumbag congess GOP liberal repub Republicans obamacare Government shutdown terrorist
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Govt. Budget Simplified

Tate budget explained In simple English.
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step the insanity new bore than an and demand a balanced mimed-
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Submitted: 10/06/2013
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What do you think? Give us your opinion. Anonymous comments allowed.
#1 - jesterjlw (10/06/2013) [+] (4 replies)
Wow! That is the best explanation of the US budget I have ever seen. Good job OP.
#11 - Ruspanic (10/07/2013) [+] (42 replies)
This isn't the whole story.
First of all, it's important to note that most of our debt it owed to the American people, not to foreign countries.

Second, when you actually look at what money is spent on, the overwhelming majority is spent on things that have strong public support. The two biggest government expenses are national defense and entitlements (Social Security, Medicare, Medicaid). If you try to cut Medicaid, you get attacked for hating poor people. If you try to cut Social Security or Medicare, old people come after you - and they have a lot of political power because they're more likely to vote than younger people. Old people are also a significant part of the Republican base, which is supposed to be the party of fiscal responsibility but can't touch the biggest parts of government spending because of pressure from their constituency.

What else? Well, there's the interest we're required to pay every year on our debt, so we can't cut that. What's left to cut? The EPA? We like our clean air and water. The CIA? No, there's terrorists to fight. The Department of Energy? The Department of Education? Both unpopular choices. NASA? Foreign aid is a common suggestion, but it's less than 1% of the budget.

It's really quite easy to see why Congress is only able to shave tiny fractions off our spending. We the voters won't let them do anything more substantial, despite all our complaining about the budget.

Of course, instead of cutting spending the other option is to raise taxes, but that's so unpopular with people that our politicians would rather just borrow more money.
#17 - I Am Monkey (10/07/2013) [+] (2 replies)
#3 - grapesforall (10/06/2013) [+] (5 replies)
I think 38,5 billion dollars is still quite the budget cut... sure they could cut their army in half save about a trillion and still be the most powerful warring nation on the planet... and sure they could cut their war on drugs and safe about 6 billion and make some money.... but then who would we... i forgot where i was going with this... here is a picture of Lincoln with glasses
User avatar #35 - sabdoor (10/07/2013) [+] (8 replies)
And Vote who in? It was the republicans that left you in this sorry state and who don't give a **** , and the democrats who are too ******* stupid to fix it the right way.
#5 - anonymous (10/07/2013) [+] (9 replies)
You can't treat the United States Government's budget like it's your household budget. That's a gross oversimplification of the issue and the fact that so many people think like this makes me want to kill people.

And we wonder why the rest of the world thinks Americans are dumb.
User avatar #6 to #5 - flamingpie (10/07/2013) [-]
Actually it might be the over-complication rather than the over-simplification that's making people think we're dumb.
#33 - jimli (10/07/2013) [+] (4 replies)
Sure, you can make anything look like the problem when you use an inaccurate analogy.

Pick up a book by John Maynard Keynes and teach yourself; don't let misinformed internet posts or comments sway you
User avatar #34 to #33 - smithforprez (10/07/2013) [-]

"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some..." - Keynes

That money the govt borrows from itself does not exist until the govt borrows it, and the debt gets paid when the govt decides to devalue the entirety of accumulated wealth in the US. Its a bit like levying a tax on everyone's bank accounts, but inverted.

"...There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." - Keynes

Diagnosed, Bitch.

Why don't you read keynes again, I think there's something you missed
User avatar #58 - jakols (10/07/2013) [+] (1 reply)
Ill just leave this here for those who want to see
how ****** up the whole thing really is...

The Debt Limit Explained

#39 - blarny (10/07/2013) [+] (11 replies)
How did you get ahold of the US' accounting book?
#41 to #40 - blarny (10/07/2013) [-]
The NRS thanks you for exposing this treasonous activity, expect a 0.001% tax refund next year.
#12 - frienderman (10/07/2013) [+] (1 reply)
While I don't necessarily agree that we need more cuts in the budget, this is indeed an over-simplification. By this model, we could also just "get a better job" to get more income (raise taxes) and we'd be completely fine.

Perhaps thinking about a country as a country and a household as a household would be a wiser choice.
User avatar #141 - madmario (10/07/2013) [+] (4 replies)
I'm so tired of seeing these stupid over-simplifications of the budget. The reason we put ourselves in debt is to stimulate an economy. Like an investment. A few years ago, we hit a recession because the poor could not spend and the rich did not want to invest in a sinking economy. The debt raise was INTENTIONAL. The concept is that lower and middle income citizens still are able to spend money and thus stimulate economic growth. Historically, this works. Its a trickle up effect rather than the trickle down effect (give large business owners tons of money through laissez faire policies and then say they will make more jobs). Essentially the two extremes here are that conservative economic policy (what got us in this **** mess in the first place, along with unnecessary military funding in all fairness) is doing sorta what we did in the industrial revolution - no government involvement in the economy. This creates a huge income disparity between the rich and the poor (the whole "99%" thing on Wall Street was about this. Also all the socioeconomic reform after the Industrial Revolution was necessary because these policies were put in place). What the Democrats are trying to do right now is sort of like the thing that FDR (during WWII so really should be taken with a grain of salt when talking about economics) or Clinton did, both of which put the nation into a big debt and then a gradual rise to a surplus. If you don't believe me, go study economics instead. Using FJ posts (like this post) to get economic insight is stupid.
On that note, this post is literally just there to start a political debate. Stop doing that **** . It's not funny or interesting or entertaining. Just annoying.
TL;DR this post is stupid and undermines a lot of economic theory and just generally makes me angry enough to rant and probably start some ****** political debate thread with red thumbs flying everywhere
#63 - fritzzle (10/07/2013) [+] (1 reply)
MFW when accurate tittle and useful keywords
#77 to #63 - saltyfries (10/07/2013) [-]
that picture looks scarily a lot like me in my younger days (thank god I have dark brown eyes)
User avatar #50 - darthacerbus (10/07/2013) [+] (1 reply)
International debt does not work like credit card debt.
User avatar #49 - lokiwins (10/07/2013) [+] (1 reply)
$38,500,000,000 is a fairly substantial amount of money though.
User avatar #52 to #49 - morstactica (10/07/2013) [-]
But it is relatively small
User avatar #36 - FJSoldier (10/07/2013) [-]
I wonder how much of this the NSA cost? This is a serious question here
#32 - angelusprimus ONLINE (10/07/2013) [-]
And this is a very basis of ignorance.
We take 2 things that are completely different. Dumb it down, pretend they are equivalent, and teach the sheep not to think, just to accept dumbed down versions.
Sheep are much easier to control if they don't understand things, but think they do.
User avatar #28 - ubercookieboy (10/07/2013) [+] (2 replies)
Throw out old politicians.

Get new politicians.

Pretend a change in government is going to make the debt go away.
User avatar #15 - pokemonstheshiz ONLINE (10/07/2013) [+] (1 reply)
The debt isn't really even a problem in the long run. The US could just say "what debt" and be done with it. It might cause a decent bit of international hate, but most of the countries we borrow from are ones that rely on us heavily for their income (especially China) so they'd probably just have to deal with it.
User avatar #18 to #15 - bodasion (10/07/2013) [-]
(Less than 30% of America's total borrowings are from the international community. China, itself, owns less than 10% of America's total debt load.)

So yeah, your point is even stronger than even you realize.
#14 - dryctael (10/07/2013) [+] (3 replies)
A lot of denial in the comment section... lot of ppl complaining how this is not accurate. That might not be the most accurate picture but the message is still true, US is spending 						*********					 more than it makes.
A lot of denial in the comment section... lot of ppl complaining how this is not accurate. That might not be the most accurate picture but the message is still true, US is spending ********* more than it makes.
#2 - anonymous (10/06/2013) [+] (1 reply)
I just use the US National Debt Clock, because all the changing red numbers are a lot better at telling me that the US is going down like a galaxy of porkstars at a 24-hour buffet.
User avatar #21 to #2 - bodasion (10/07/2013) [-]
Pardon me, but I'm not sure anyone with a real understanding of history would say something like that.

In the early 50s, America's debt load was 120% of GDP. Today, it's ~100%.

So, we've been in worse spots. By far. And we've come back from them. I think what America needs is a little less doom and gloom from Americans. Have some faith in your country.
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