Breaking Down the 2012 US Budget

Breaking Down the 2012 US Budget

April 13, 2013

The US Budget’s not exactly an easy thing to understand. Learn more about where the money goes and where it comes from. Source

A Tsunami of Red Ink

A Tsunami of Red Ink

April 5, 2013

America’s national debt hasn’t just raises along with inflation, it’s increased exponentially at an alarming rate. Find out how this disturbing wave of debt has been gaining speed and growing. What will happen when the wave breaks? Source

Spending Beyond Our Means: US Trade Balance By Decade

Spending Beyond Our Means: US Trade Balance By Decade

March 22, 2013

A trade deficit occurs when a country imports more goods and services than it exports. In the United States, imports have been out-sizing exports since the 1980s. In fact, the last time we produced a trade surplus was in 1975, with President Gerald Ford in residence at the White House. Ever since, our country has […]

2-billion-hole

A $2 Billion Hole

February 20, 2013

This infographic displays Washington’s budget problems and how there budget compares to the state’s spending. It explains why Washington has a state deficit and how they might fund it. Source

adding-deficit-bush-vs-obama

Adding to the deficit: Bush vs. Obama

February 13, 2013

Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the ?nancial crisis, the continuation of past policies and other effects? For this analysis, we worked with the Center on Budget and Policy […]

obamas-broken-deficit-promise

Obama’s Broken Deficit Promise

January 24, 2013

When Obama took office, he promised to cut the deficit by more than half. Three years and three record deficits later, Obama is falling far short of his pledge. Source

Where Has All The Money Gone?

Where Has All The Money Gone?

September 8, 2012

The economy has literally lost trillions of dollars, but that money doesn’t just disappear; it had to go somewhere. Find out what has happened to all of the investment dollars the loss of which has devastated not only the American economy but the world economy as well. Source

By the Numbers: Deficit Woes

By the Numbers: Deficit Woes

August 4, 2012

“We unquestionably have a long-term fiscal problem,” says Michael Granof, Professor of Accounting. “The central issue is, what do you do about it today? We’re still in a recession, though it’s not technically called a recession. Liberal economists argue the stimulus spending wasn’t enough. The conservatives say it was misguided. They’re probably both right.” Source

The U.S. Federal Budget

The U.S. Federal Budget

July 10, 2012

The United States is facing significant and fundamental budgetary challenges. The federal government’s budget deficit for fiscal year 2011 was $1.3 trillion; at 8.7% of gross domestic product (GDP), that deficit was the third-largest shortfall in the past 40 years. (GDP is the sum of all income earned in the domestic production of goods and […]