Deficit Problems? You Fix It!
Posted By Barry Ritholtz On November 14, 2010 @ 12:30 pm In Current Affairs,Economy,Taxes and Policy | Comments Disabled
David Leonhardt gives us this interesting interactive NYT graphic (and article [1]) showing the deficit reduction options. They give you a worksheet and various options to reduce the deficits:
Here is how I “solved” the shortfall — 61% of the fix are spending cuts, 39% of it was more taxes:
>
Budget Puzzle: You Fix the Budget
[2]
>
Try it yourself [3]!
>
click for ginormous graphic (PDF [4] here)
[5]
>
Of course, the discussion as to why we should be fixing the deficit in a mediocre recovery is not broached . . .
>
Source:
O.K., You Fix the Budget [1]
DAVID LEONHARD
NYT, November 13, 2010
http://www.nytimes.com/2010/11/14/weekinreview/14leonhardt.html
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/11/deficit-problems-you-fix-it/
URLs in this post:
[1] article: http://www.nytimes.com/2010/11/14/weekinreview/14leonhardt.html
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/11/your-welcome.png
[3] yourself: http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html
[4] PDF: http://graphics8.nytimes.com/packages/pdf/weekinreview/20101114-deficit-graphic.pdf
[5] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/11/deficit-graphic-NYT-20101114.png
Click here to print.