This page has been archived and commenting is disabled.
In 2012, Washington collected $2.4 trillion in taxes, more than $20,000 for every American household...and spent $3.5 trillion...
- advertisements -
Sure the back is still green.. or is it red by now?
Into a bottomless rathole.
Where do govt. pensions and welfare show up ?
This looks like the "dem" version of the budget.
hey, fuck you for reducing it to a left-right paradigm. never gets old does it?
When you consider half the population does not pay any income tax, that means the other half is paying $40,000 a year on average and assuming $20,000 in annual debt for those who don't pay into the system. This shit is gonna break...and this is a left right paradigm and fuck the libtard spenders!
Here's an even easier easy to read depiction of where your tax dollars go.
What would you cut first?
Govt spending broken down n visualized in physical $100 bills
I love Barry's sense of humor, "does not include the payroll taxes that directly fund Social Security and Medicare"
I stopped reading Barry's Big Picture blog when it became (painfully) obvious that he's become an establishment hack.
I know that;
Get the picture?
uh, government spending and labor and welfare, then defense...
"What would you cut first?"
From the two sets of figures above health care is either 20 or 23% of all spending, this is three times as much as most other countries.
It must be fairly obvious that there are huge inefficiencies = monopolies, regulations that could easily be overcome if the politicians were not all bought and paid for by the "health" industry...
Nest up, "defence" since the US spends about as much as the rest of the world combined and has huge oceans on both sides making it practically impossible to be inveded it should be possible to cut back say half of the spend.
I'd second your motions to cut. I'm glad to see somebody not blaming "Obamacare" for the cost of health in the U. S.. All the ACA did was cement the health industry cartel and legitimize it in law. It was inevitable under any administration -- red or blue. Both sides are bought off.
Look at what we get for 50% of our budget: Despised by others for aggression, and one of the worst health outcomes in the world.
Both "party's" got us into this bud.
Both gotta go.
Did you bump your head early in life? Business passes all costs to consumers.
"Business passes all costs to consumers"
Indeed, see Ferdinand Lundberg's 1968 book
"The Rich and the Super-Rich: A Study in the Power of Money Today".
Free to read/download at www.soilandhealth.org:
There are powerful forces on Earth obscuring the foundations of knowledge. That would be okay if there were better knowledge and wiser wisdoms coming on line to replace them. But usually the opposite is the case. As the sort of person Sir Albert Howard called "the laboratory hermit . . . someone who knows more and more about less and less" . . . increasingly dominates ever-wider areas of scholarship, the focus of scholarship gets ever narrower, and less wise. Manipulative social-political-economic interests attempt to create Orwellian realities that suit them; their domination of academia and media makes people forget the fundamentals. Ferdanand Lundberg's book The Rich and the Super Rich explains exactly how this works. You may find Lundberg's book in the Social Criticism collection.
Yes, because every time the "right" gets control, they cut all the welfare spending, and every time the "left" is in charge, they stop the war mongering. Oops, no they don't, fool!
I don't suppose you see the irony of you reducing your post to pointing out that there is a left/right paradigm and then criticizing it?
At least the "right" has the right idea on paper... small gov, a return to sound money and an end to central banking - those in the party that agreee are about 1% but that is infinitely more than those on the left.
At least the "right" uses the right idea in their propaganda... small gov, a return to sound money and an end to central banking
Fixed it for ya. For me, the fact that they seldom seem to vote that way keeps rearing it's ugly head. Face the ugly truth; there are too many idiots drawing a check to allow anyone who threatens to fix this mess to get elected president. The same goes for a sufficient number of congress rats to do the job. Therefore, the only thing that will fix it is collapse. Fortunately, that is inevitable.
By jove, he's got it. Exactly right!
Sort of true. There are situations where the people do elect real conservatives, but what happened this last cycle is the national party quashed any state that actually did.
For those not following, real conservatives made significant inroads in AK. This resulted in a long, internal struggle. The party here is completely broke down as a result.
In this case, good conservatives finally got seated, then Preibus refused to let them participate at the National level (hint: the people of AK decide who goes, not Preibus).
WIth that caveat, much of what you say is true. But the conservative base is rebelling in many places. So, will have to see how things turn out.
I'll repeat Western's sub-post which started this sub-thread(See above):
"hey, fuck you for reducing it to a left-right paradigm. never gets old does it?"
Just don't get it, do you?
The one Repub who actually believed in "small gov, a return to sound money and an end to central banking" was in Congress for some 26 years- Ron Paul. You can see how much he was allowed to accomplish. For the rest of the Repub (right wing of the Ownership Party) " small gov, a return to sound money and an end to central banking" is just empty campaign rhetoric.
"This looks like the "dem" version of the budget."
Except that it comes from the Koch Brother fav the "heritage Foundation" whose agenda is to promote a neoliberal agenda.
In order to get an objective version of this article find a far left explanation of where your dollar goes. Put them side by side. Choose something in the middle and it will still be wrong.
I thought that taxes paid the interest on loans made to the government and not directly cost of the program.
Mostly the Squid?
Where's the 40% 'debt service' amount of each $?
"By Chikako Mogi
TOKYO (Reuters) - The yen firmed against the dollar and the euro on Tuesday while commodities from gold to oil extended their sharp declines after investors dumped risk assets overnight, worried over slowing growth in China and the U.S. took hold.
Cash gold and U.S. gold futures plunged to their weakest in over two years, pulling silver lower and dragging Tokyo gold futures down almost 10 percent."
The last time we saw a metals tank of this magnitude it was the prelude to the entire financial system locking up. That little diversion in Boston today reeks of the likelihood that either someone sees the next one coming in the next six weeks and knows there is no way to avoid it, or they have engineered it.
Thanks mom and dad!
.....still no mention of cutting Welfare or illegal aliens benefits.
It's always "throw grandma under the bus"!
ZH pussies. How long have YOU been voting? And the "problem" isn't fixed yet?
What's wrong with YOU?
I only hate corporate welfare mother-fucker! A sickcare wealth extraction system, parasitic corporations that only further their bullshit agenda via paid-off GOVT grunts, and yea, the welfare system is a bitch. Any rock of bullshit that I flip over on something being out of balance has to do with some corporation getting over on someone. When people can get paying jobs again, welfare won't make sense, but why work? When you have a why, shit changes.
if your socialist President recognized that the small businessman is the backbone of our economy then the big corporations that piss you off would have very little power. He supports big industry, unions and centralized control (read big government and central banking) all of which is fucking this country in the ass.
A socialist president owned by corporations, or at least kissing their ass you say? He supports unions too? When?
Here's a line from Wiki about socialism: "A socialist economic system would consist of a system of production and distribution organized to directly satisfy economic demands and human needs, so that goods and services would be produced directly for use instead of for private profit driven by the accumulation of capital."
Note that part about private profit there? Surely that's an important part of those corporations that own our government, and they don't care if those profits come from the taxpayers either. Also, considering that the corporations essentially own the government and use their lobbyists to make sure their government lackeys install barriers to entry and other schemes to screw over small business, where does the socialism part come in? Can you explain that part to me as I must be too ignorant to see it?
Try looking up the words fascism, oligarchy, or crony capitalism. Or, actually reading something that Marx and/or Engels wrote to halfway understand what they were talking about.
As for unions, please show me the latest piece of legislation that gave organized labor a huge win over corporations. Last I saw Obummer ignored the teachers in Wisconsin and hasn't done a damned thing for unions other than lip service. Organized labor doesn't have near the influence it once had in this country, except on Faux News and the Rush Limpboy show where they are brought out with the usual bunch of boogeymen to scare the kids.
No wonder America is going down. People are still proudly and ignorantly fighting the Cold War instead of seeing the current reality. Let me guess, next you'll bitch about how 'Merican schools turn out ignorant students...while completely missing the irony. Sorry to unleash on you, but this same old simple minded shit is so damned tiring.
Corporations, of themselves, were not a problem until they began to attain a size in excess of about 1 basis point of GDP. There is a solution on the books; the Sherman Anti-Trust act. I don't remember ever seeing it used and I turned up on this planet when Ike was president. Instead, the MSM has been employed to keep up a constant patter about the glory of bigness. As I pointed out above, there is no way anyone who threatens this status quo will ever be allowed to be a serious candidate.
Plus a thousand or two.
"Try looking up the words fascism, oligarchy, or crony capitalism. "
Though I prefer the word Kleptocracy as the corruption in this country trickles down to the lowest municipality.
People trapped in the Obama hate meme, just as people trapped in the Bush hate meme are not getting it. And until they do we will be in this ever tightening vicious circle until we have nothing left.
Uhhh, chief, look to none other than California to see how that pension system caring for people is working out. Government pensions are bankrupting the state. Stockton, San Bernandino, and several more are lined up at the bankrupcy court because organized labor and particularly public sector 'labor' pension plans have milked them dry. Unions forgot the key - don't kill the host. Live and learn I guess. I don't think they'll ever learn though....
Well, 'booger', the choices have been there. Romney would have had this ship sailing in a more favorably direction already - but the 'something-for-nothing' crowd re-elected obozo....so, there you have it.
Unsustainable so 10 - 15% cuts across the board esp. on defense or Merica progressively declines ( like it progressively rose for decades after WW2 ) because the Ben Bernank cannot keep the ponzi printing scheme going forever.
The Bernank only needs to keep it going until he's gone.
So your saying Bernanke dont need to out run the Bear, he just needs to outrun you.
"collected $2.4 trillion in taxes, more than $20,000 for every American household...and spent $3.5 trillion..."
But somehow, according to the Krugman-Keynes theory of socio-economics, its not a spending problem...lol.
it's not a spending problem it's a distribution problem, there's still too many people getting too much money (entitlements) and it needs to be concentrated to fewer people so they can have MOAR, without it they will make WOAR
There, fixed it.
It's a reversal of the old Roman notion of TRIBUTE. They're paying off folks so they don't break into the estates of the upper crust. I guess you could say it's a kind of theft insurance. Woe be unto the wealthy if the counter-tribute stops flowing.
Whaddya think all those hollow points are for, target practice?
We are paying Banksters so they don't take more?
This is exactly what it is. Without the welfare state the upper crust can be crushed by a dank and despaired humanity.
"They're paying off folks so they don't break into the estates of the upper crust.'
Kinda like the coliseum games. Keep em entertained and distracted and they shall be happy.
$3.5 trillion in spending is around $30,000 for every household. Hmmm, am I the only person who doesn't think he's getting the right amount of bang for the buck? Ahhh, nevermind. I forgot. I'm not a bankster, lobbyist or crony capitalist. Obviously, I'm not paying enough.
"To infinity and beyond!!!"
Why is 45% going to Medicare & Social Security when that money was taken out of wages long ago?
Because the pricks in D.C. stole that $ and gave it to their crony buddies long ago, that's why.
"Other healthcare", "Income security" ????
The majority of Soc. Sec. benefits going to the "disability" fraudsters.
Amount spent for ssdi is 200 bln including the Medicare component of it, way less than total ss. Not to mention 20% of the people on it are over 65 and 50% over 55. Old people get hurt more often. Not to mention more women are working now adding more to the potential ssdi roles. Is there fraud sure but on the whole the increase in ssdi benefits can be explained by demographics.
Hell, offer the kids of goldman employees 10% of the amount saved on any reported ssdi fraud and that will go away in a weekend. It will also be good for dad's side prison for profit venture.
"Why is 45% going to Medicare & Social Security when that money was taken out of wages long ago?"
Ouch. The truth that no politician wants to hear. How about a little "terrorist" attack to keep your mind off these unpleasant thoughts?
"Ouch. The truth that no politician wants to hear. "
THe truth that no politician wants to speak.
"You fucked up. You trusted us."
I think that all that is total BS.
It all goes to the bankers/banks, and then the govt just "borrows" more money into existance to finance the disease.
What tax $'s? 48% of society is on the DOLL!
Ms. Pinky must be getting a lot of business
Even though it is largely ceremonial and of zero net benefit gov't workers pays taxes too, It gives them a feeling of contribution and helps mask the guilt of being a sponge.
Ahhh, 48% of the SEC is on the DOLL! 48% of society is on the DOLE!
Barbie making out like a bandit, huh?
Wondered where the money went.
that second "L" lost two lines to the IRS. 66% is one hell of a liability!!!
That's a lot of PSI.
Logan's Run...kill everyone over 30... Oh no!
Free sex, with any partner, every night vs. living beyond 30? Wait.... what was the question again?
It's all downhill after 30...
That reminds me of a birthday card I received 10 years ago. It lied!
It's all BS anyway...Just throwing some more on the woodpile...
"Logan's Run...kill everyone over 30... Oh no!"
What good would that do?
No-one under thirty has a job.
And the lord hath said... Thou shalt obtain a job to live!
"And the lord hath said... Thou shalt obtain a job to live!"
And the humble Christian sayeth backeth, "Where?"
Why does no one look at the secondary effects? If everyone over 30 was gone, those jobs would be available to the remainder.
Except most of them are idiots who want a nanny state and still haven't graduated from college at age 28
GLBT studies are HARD.
Medicare, Social security, and interest on the debt is at 2 trillion..Not much left over...unless monetized by the fed...
So DC is spending $30,000 for every household. (20k plus borrowings)
30 fucking thousand.
Of which I get fucking zero, but my actual tax paid in is far more than that, and they still borrow. Fuck you gawdammed idiots in DC.
Considering CONgress and the FED have thrown $6 Trillion of funny money at Wall Street and the Banks they could throw $6 Trillion to everyone who pays taxes; that would be over $3 Million per person.
Imagine the stimulus to the economy! And if they are people who are working and paying taxes - most will pay off the mortgage, pay off the car loan, pay off the Kid's and/or Grandkid's mortgage and car loans, student loans, etc. Imagine the stimulus!
Where is Krugman on this and the other Keynesian nutcases? C'mon! Spending and debt are good! Send the checks!
But, of course, this would somehow be "unethical" or "immoral" and people wouldn't schlep to the corporate treadmills, the government paper-pushing jobs, and would become relaxed about Red versus Blue and political distractions. Can't have that!
It would be like Moses telling the Jewish slaves they didn't have to walk straw into clay to make bricks and build the pyramids.
yyour math is a tad off
Since the beginning of the recession (let's say December 2007)... the national debt has risen by $7.66 trillion number of jobs created? -2.9 million employed. (146.2 million vs 143.3 million) New debt for every job lost : $2.64 million in new debt.
They can't give the money back to the people. If everyone in America had $100,000 instant cash in their hands, the inflation effect would be instantaneous.
I'm rich biotch
My idea of worker camps for the aged is starting to get traction.
We can call them, "Walmarts".
Walmart was just the beginning, I would provide everything for the worker! A place to sleep! A place to work! A place to eat! I would do this all for free!
No one needs paychecks either...I will provide all you need! What a great deal....People should be jumping for this opportunity!
So you're a communist uh?
No a capitalist, but communism works as long as I'm in control...
Actually, To me the the difference between Capitalism and Communism is which system you'll be happy to be enslaved for...
" I would provide everything for the worker! A place to sleep! A place to work! A place to eat! I would do this all for free!"
Close to the Foxconn model
Worker camps for those receiving Section 8 and EBT cards. Actually, scrap those and just give them barracks rooms and have them eat 2 squares at chow halls. If they're forced to care for the rooms and wait in line for their food while having to do real work throughout the day they might actually appreciate what they're given.
Actually I would have to neutralize those people...sorry.
The government spends more than $50,000 per household - more than the median household income:
the combined spending of federal, state and local governments per American household actually exceeded the median household income for 2010, which is the latest year for which all relevant government data are available.
In fiscal 2010, according to numbers published by the Census Bureau and the Office of Management and Budget (OMB), net spending by all levels of government in the United States was $5,942,988,401,000. That equaled $50,074 for each one of the 118,682,000 households in the country.
In that same year, according to the Census Bureau, the median household income was $49,445.
Up my butt?
OK, so that's where all those Obamaphones are disappearing to.
Yeah, but that's for different reasons.
All set to vibrate?? (Reminds me of the Motorola Pager ad - the dolly bird with the pager stuck down the G-string . . . . . .)
Cut $1.1 trillion of the budget... NOW.
Need to spend more money on federal education reform: the dream of a national market for education products and services is beginning to slip through the clutches of Eli Broad and friends.
20% of every dollar goes to "national defense" and they can't prevent a bombing in an area swarming with police and bomb sniffing dogs? If today wasn't a false flag it was MASSIVE incompetence. Not sure which is worse.
'You're doin' a great job, Barky!'
After today, "defense" is going to be getting a whole lot bigger... all for your own good, of course.
mooslim outreach will be on the graph nex time.............
A graph of Muslim body counts from drone strikes?
That isn't my tax dollar, that is a simplified display of how Washington spends its newly borrowed money. This is a more accurate depiction of how my tax dollars are used:
~ 6.2 yuan/renminbi : 1.0 u.s. $
sure wish the yuan was the petrodollar???
fix alot of problems,... hmmm
Be careful what you wish for. (petrodollar vs gold backed yuan?)
Submitted my cheques for further servitude in the AM.
Ran a business package to the post at lunchtime ~ closest 'rural' location was closed for lunch 1230-230.
(I could hear them behind the old-school metal mailboxes, snacking...)
Nice lunch, if you can get it.
starve the beast
I'm Trying. Most AnAnonomous citizenism can't even name a local citiizenism 'council member'... WTF?
The US government is a bankrupt entity evidenced by the fact that it deals in commercial (private fiat) currency. It therefore had to incorporate under Article 1, Section 8, Clause 17 or be in violation of Article 1, Section 10, Clause 1...No State shall...make anything but gold or silver coin a tender in payment of debts. Study the constitution and the laws of contract.
"My people are destroyed for lack of knowledge...!" Hosea 4:6
why pay taxes at all if that cocksucker bernanke can just conjure the shit out of thin air with no blowback?
He's doing his best with futures tonight...
Must open GREEN
You could probably halve Medicare costs by educating people to eat well and excercise at hardly any cost, but then McDonald's et al would die. What would all those liberal arts grads do then?
Where does my tax dollar go?
Away from my control, much as its intended as its clearly not my, or anyone's money to begin with.
When a country spends 19 times as much on the military as it does on education it deserves to collapse.
Taxation is another word for extortion.
This country spends upwards of $500 billion every year on "education." Not all "taxes" are federal.
Cut the military and eliminate the Federal Department of Education.
Coerced extraction of wealth from the population to ensure the proper programming of their children with the goal of making them increasingly more brain dead was an amazingly clever ploy of our elite archons. Let the muppets pay for their own mental prisons! Or to paraphrase Marie Antoinette, "Let them eat Monsanto corn."
Education in the US went down with the Titanic. That 1% is being absorbed by microsoft and apple!
I paid a total of $33,465 (Fed & State income taxes, Medicare & Social Security) in 2012. At the moment I'm feeling especially chipper because, in addition to the $7K in checks that I wrote to the Fed and State Beasts today, I have to read comments on ZH from little fucktard pussies who advocate culling the geezers. Clueless fucking tossers.
Don't blame others for your subservience.
And by the way,
The inner city blacks thank you for feeding and clothing their illegitimate chillens.
Pay your fair share and shutup.
You're hated for your freedoms. Or something like that.
I don't pay a nickel to these fucking "jews"
FIAT, you're young and impressionable. Enjoy the wisdom, and never lose sight of your ambitions.
I generally pay in excess of $100,000 per year in taxes and the largest beneficiary of my tax payments are elderly (social security) and sick white people (medicare/medicaid).
So...does this include all the printed money, too?
I see no budget for Stratospheric Aerosol Geoengineering.
Someone paying for all those chemtrail jets.....
This is all there is to say about that;
Get rid of DHS and stop foreign wars. All fixed.
As I said before and will say again, always look at the spending to identify your government and the country you live in; not what people think or say but what that do.
20+22+19% benefits = socialism
19% defence = nationalism.
Hmm national socialism where have I heard that before.
National Defense at 19%. What's that all about?
How about all the comingling of funds among central banks, No audits. Are you sure these aren't someone's fantasy figures?
These are made up percentages and have nothing to do with actual financial accounting what the FED is doing and of what the United States of America financials really are because that is kept private. These may be from the Treasury but who controls the Treasury. Banksters that's who. So nobody really knows.
Bet by reducing the TSA at each airport standing around would reduce the cost, by 2 cents. Still every bit helps.
Now watch me appear on No Fly lists.....
You never know when you need 9000 battletanks. Suppose for example, that Putin puts 9001 T80s onto a ship and sails them on to your shore. That's when you will be praising your betters for their foresight.
Feed the Beast you fucking Muppets!!!
This image is al lie. 100% of personal federal income taxes goes to the Federal Reserve.
and there you have it...
200 million voters chasing a discretionary spending of 7% of $3.6 trillion of discretionary spending..of $252 billion..$1,260 each
the rest is non-discretionary (mandated)
the states take another 1.6 trillion in taxes and they spend all that on debt servicing (including pension liabilities)
spending needs to come down by one half in order for the republic to continue
its a mobocracy that spends a diminishing pool of other peoples money
excellent link from a poster below...see page 8 for some pie totalling over 6 months before the theft by taxes ceases.
What about this missing 10% for buying up worthless stock to keep these markets pumped?
What about the 5% that is transferred to GS payroll?
And what about the 5% that goes to kickbacks for politicians - oh wait, that comes from the private sector after the government overpays for products and services.
Your dollar goes to pay interest on the debt. That's about it.
To call it national defense is simply to lie. Be honest. Call it war racketeering.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
Notice on Racial Discrimination.