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June 24, 2008

K-12 Finance Climate: Challenges Charts from Ross Perot

Ross Perot is at it again, this time with online charts that illustrate our nation's fiscal challenges. David M. Walker, Comptroller fo the Currency from 1998-2008:

Ross Perot is the father of fiscal charts. will help Americans understand the serious fiscal challenges facing our nation. These new electronic charts will also serve to hold elected officials accountable while accelerating needed actions to help ensure that our collective future will be better than our past.
A few charts worth checking out: Spending Trends (above), education funding sources, taxes as a percentage of Gross Domestic Product and the growing national debt.

K-12 Tax & Spending climate

Related by Richard Daughty:

And this doesn't even mention the cancerous growth in the size of government, which grew by borrowing a big chunk of all the money that the Fed created, and taxing the profits everybody else made with what was left, and the government used it to create incomes for more and more people, until the federal government now supports half of the population, all of whom unfortunately need more money because of the higher prices.

Now, total government taxation consumes half of all incomes, all of which goes around and around until my head is spinning and I wonder how it is possible that any country with as many schools, colleges and universities as we have can be so freakishly, perversely, brain-dead as to believe that such idiocy was even freaking possible?

Posted by Jim Zellmer at June 24, 2008 6:33 PM
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