More Fiscal Charts
On Tuesday, we growled about the Ross Perot website complete with a treasure trove of his famous fiscal charts. The Heritage Foundation also has a set of fiscal charts that focus on federal revenue and spending. In addition, they answer such questions as:
- Is the current path of the federal budget sustainable?
- Is it enough to just raise taxes to stop the entitlement spending tsunami?
- How are our taxes spent?
Following is just one chart, which shows that federal spending per household for the years 1965-2007 is near an all-time high. Data is inflation-adjusted to 2007 dollars:
Who can honestly say they are getting twice as many benefits as they did in 1965? Take a few minutes to study the other 40 charts in the set.