http://www.usdebtclock.org/
By the end of today each tax payer will owe $118,000
Wow!
Some interesting stats in there:
-Out of the total U.S. workforce of about 140mm, over 20mm work for local, state, or the Fed. gov't- one seventh of the workforce.
-Add 15mm official unemployed, and 38mm retired (assuming they are all taking SSI benefits), 57 million are dependent on the Federal government for all or part of their income. There's 40.5mm taking food stamps
-Out of a total population of 309mm, only 110mm are taxpayers
Quote from: Conan71 on May 26, 2010, 09:42:19 AM
Some interesting stats in there:
-Out of a total population of 309mm, only 110mm are taxpayers
Not too surprising. In all fairness, 25% of the 309mm are under the age of 18 (so there's a large chunk). Add in the homeless, the destitute, some elderly, and you can quickly see how we get to that number.
(http://www.cbpp.org/images/cms//12-16-09bud-rev2-17-10-f1.jpg)
Quote from: TURobY on May 26, 2010, 10:00:29 AM
Not too surprising. In all fairness, 25% of the 309mm are under the age of 18 (so there's a large chunk). Add in the homeless, the destitute, some elderly, and you can quickly see how we get to that number.
We need to put those children to work and get them paying some taxes, lazy little buggers...
Quote from: Conan71 on May 26, 2010, 10:28:12 AM
We need to put those children to work and get them paying some taxes, lazy little buggers...
You sound like Kathy Lee
Quote from: rwarn17588 on May 26, 2010, 10:09:15 AM
(http://www.cbpp.org/images/cms//12-16-09bud-rev2-17-10-f1.jpg)
I knew it. Boooosh!
Quote from: guido911 on May 26, 2010, 11:10:48 AM
I knew it. Boooosh!
Do you deny that that administration is largely responsible for those deficits?
Quote from: rwarn17588 on May 26, 2010, 11:12:23 AM
Do you deny that that administration is largely responsible for those deficits?
Don't start it. He's just kidding.
Quote from: Townsend on May 26, 2010, 11:16:38 AM
Don't start it. He's just kidding.
Thank you T, jeez.
Can I make a chart showing that the economic downturn from the great stock market crash of 1928 is still relevant in 2010?
This illustrates how Global Warming is caused by the drastic decrease in Pirates.
(http://www.thepeoplescube.com/red/richedit/upload/2k47c73ed688.png)
Quote from: TeeDub on May 26, 2010, 02:44:11 PM
Can I make a chart showing that the economic downturn from the great stock market crash of 1928 is still relevant in 2010?
You can. I'm still blaming our economic woes on the cost over runs of the Civil War.
Quote from: guido911 on May 26, 2010, 02:57:12 PM
You can. I'm still blaming our economic woes on the cost over runs of the Civil War.
And considering that Lincoln was a Republican and Davis was a Democrat...both parties share that responsibility.
Quote from: Gaspar on May 26, 2010, 09:19:17 AM
http://www.usdebtclock.org/
By the end of today each tax payer will owe $118,000
Wow!
So is that what we owe other people or does it include what we owe ourselves? I don't know about you, but I don't really find myself in a debt crisis every time I move my wallet from my left pocket to my right.