You Can Balance The U.S. Budget In Five Minutes





Today's topic at my blog "Resurgence" on BigThink.com:



You Can Balance The U.S. Budget In Five Minutes



The New York Times website has a budget puzzle widget on it that allows you to decide what to do in order to reduce the budget deficit the United States has run for decades. At first, it seems so simple that you wonder why every congressman doesn’t have one these on his office computer. Push a few buttons and the problem is solved.

But if you think about it for a moment, the decision making has really already been done for you. The options are wide ranging, but by no means did the Times have an exhaustive list of the kinds of things you can do to increase government income and reduce government’s expenses. What it does do is provide, in very graphic detail, a way for the average American citizen to see how much reducing any deficit is going to depend on both a reduction in spending and an increase in income.


Read More...


BigThink.com is a global forum connecting people and ideas.

You can access hundreds of hours of direct, unfiltered interviews with today's leading thinkers, movers and shakers, and, best of all, respond in kind. You can respond to the interviewee, respond to a responder or throw your own question or idea into the ring.

Newsvine Digg It! Stumble Delicious Technorati Tweet It! Facebook
blog comments powered by Disqus
opinions powered by SendLove.to
top