Government — Product Management UX/UI & Interacion Blog — Frank derFrankie Neulichedl


Government Spending Explained in Household Terms

While there are enough Families with problems in their own household finances, the US Government really is in bad shape if you apply a "normal" view. #government #spending #data #visualization

Reshared post from +Joseph Pred

Here is why S&P downgraded the US credit rating.

• U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,271,000,000,000 • Recent budget cut: $ 38,500,000,000

Now let’s remove 8 zeros and pretend it’s a household budget.

• Annual family income: $21,700 • Money the family spent: $38,200 • New debt on the credit card: $16,500 • Outstanding balance on the credit card: $142,710 • Total budget cuts: $385

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