Of each dollar the federal government spends, how much goes to defense? How much goes to Social Security? How much goes to interest on the debt? And how has this sort of thing changed over time?
The graphic below answers these questions. It shows the major components of federal spending 50 years ago, 25 years ago, and last year.
Defense spending, while way down, remains the largest annual outlay. Social security and Medicaid are the big growers and are up significantly from 50 years ago.
50 Years Of Government Spending, In 1 Graph
Source:
50 Years Of Government Spending, In 1 Graph
Lam Thuy Vo
NPR, May 14, 2012
://www.npr.org/blogs/money/2012/05/14/152671813/50-years-of-government-spending-in-1-graph” target
Every year, American Express publishes an in depth “Survey of Affluence and Wealth in America.” The 2012 version is notable for the attitudinal differences between the top 1%, 10% and everyone else (aka the 90 or 99%).
A few quick bullet points:
• Incomes up 6% for top 1% in 2011. Slightly lower among everyone else;
• Investing dollars down from 71% to 39% of portfolio;
• In ‘2007 savings was only 12% among the top 1%, now at 34%;
• Even after recession ended, savings has stayed high, unlike 1981 recession when consumers spent aggressively. (back then, passive income tax rates dropped from 70% to 20%);
• Almost $6 trillion in personal savings account by year’s end. Another $3-4 trillion in cash among business. Getting 0.3% interest and not complaining
Here is how this looks graphically:
Click to enlarge:
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No judgement here — I simply find the differences between the top 1% and the rest of the country intriguing.
Previously:
Invest in stocks? FORGET ABOUT IT (May 8, 2012)
Source:
American Express Publishing and Harrison Group
The 2012 Survey of Affluence and Wealth in America
Press Webinar, May 9, 2012
Be daring and go transparent! Straight from the Paris & New York runways it’s time to be on trend and change into that digital shift! Advocate for your practice and our profession by embracing social media and fighting the “locked net monster.” Pump up your web presence and stand out from the crowd by being culturally literate, interweb savvy, cloud computing friendly, and embracing our new transliterate “remix mashup culture.” WARNING: Shameless Self Promotion in Rocketboom Video!
by gwyneth jones on Apr 09, 2012
Via HighTable:
>
click for larger graphic
full graphic after the jump
Read the rest of this entry »
Source Maps is the crazy cool crowdsourced directory of product supply chains and carbon footprints that can help you find out where things come from.
Below we see sourcing for a laptop:
>
Lap Top
Click for interactive chart:
Source: Source Map
The App Explosion in Journalism
by Derrick Fountain on Apr 18, 2012
Keynote presentation by Derrick Fountain at The Mobile Show in Dubai on April 18th. Several slides containing multimedia content have been removed from this version.
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