Monday, August 6, 2012

Pie Chart of 2013 Budget, -excellant visual of the realities of the Federal Budget-

Reagan did a masterful job of convincing millions of Americans that the Federal Budget is rife with fraud and waste. He made the "welfare queen driving a Cadillac," part of the American lexicon, playing the role of a flim-flam artist in laying down a story line that the yearly deficit could be eliminated by cutting that waste and fraud. It's no wonder Reagan went on to become the greatest deficit spender in American history (as a % of GDP).
Such reality free thinking can be avoided by looking at the numbers: 
There is certainly waste in every line item of the US budget just as there is in every line item of every corporation and business in America. But when you hear Republicans talk about social programs breaking the bank remember this chart.

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