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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:

  1. Is the current path of the federal budget sustainable?
  2. Is it enough to just raise taxes to stop the entitlement spending tsunami?
  3. 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.

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