Author Topic: a simple economic test.  (Read 1002 times)

tokugawa

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a simple economic test.
« on: February 14, 2011, 06:26:21 PM »
If we cut the Federal budget by 50%, it would bring us back to what years level of funding?
 
What is your share of the national debt?

What is your share of this years projected 1.6 trillion deficit?

AZRedhawk44

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Re: a simple economic test.
« Reply #1 on: February 14, 2011, 06:37:26 PM »
50%?  I'd guess somewhere around Reagan if just using flat non-inflation adjusted dollars.  Adjusted for inflation, however, to cut 50% of expenses we'd probably have to go back to pre-New Deal policies.

My share right now is around $36,000, I think.

My share of the deficit is about $5400, I think.
"But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist."
--Lysander Spooner

I reject your authoritah!

dogmush

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Re: a simple economic test.
« Reply #2 on: February 14, 2011, 06:42:49 PM »
Don't feel like doing the inflation math on the first one, without adjusting at all: 2003 (and 1998 there was a drop in the early 2000's) 1999, I read from the wrong column on the spreadsheet.

$45,464.01

$5161
« Last Edit: February 14, 2011, 06:51:44 PM by dogmush »

tokugawa

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Re: a simple economic test.
« Reply #3 on: February 16, 2011, 01:17:55 PM »
the numbers I have are- the year 2000
 about  45,000   (have not run the numbers to see if it includes this years 6k)
 and  around five or six thousand for this years debacle.
 
 We are economically doomed.  No turning this one around.