posted on Dec, 5 2011 @ 02:53 AM
I cannot vouch for the veracity of these figures as they came to me by email and they may be anywhere from urban legend to close to the mark. That;
however is not the point.
The important issue here is the question for us all to ask is “why do governments not publish the national accounts using the family income analysis
comparison” as shown below. As this exercise below shows; it’s also easy to do.
While this example is based on the US the point I’m making in this thread; is that the questions I am asking are applicable to any country.
Particularly where governments claim they are democratic.
Breaking national finances down to the family budget level provides numbers at a level that nearly all citizens can understand and relate to. These
corporate level budget figures are numbers that the vast majority of any nation’s population has difficulty in comprehending.
Perhaps it’s deliberate that all national governments do not use the family sized budget analysis model when publishing the national accounts. After
all; to come up with this idea at government level is not a ‘rocket science’ level idea for them.
I can only speculate as to why governments only publish corporate level national accounts.
Perhaps it’s a case of ‘you have no role in this, you leave government to us”
Perhaps it’s because it might cause the citizens to question why so much money is spent on the war industry?
Perhaps I’m wrong, what do you think?
United States Tax revenue: $2,170,000,000,000
Fed budget: $3,820,000,000,000
New debt: $ 1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $ 38,500,000,000
Now, remove 8 zeros and pretend it's a household budget.
Annual family income: $21,700
Money the family spent: $38,200
New debt on the credit card: $16,500
Outstanding balance on credit card: $142,710
Total budget cuts: $385
I further suggest that all national governments also publish this kind of accounts
Family Budget Sheet
Total Anticipated Budget: $21,700
Health care: $ xxxx.
Education: $ xxxx
Defence/Security: $ xxxx
Cost of government: $xxxc
Total Expenditure: $xxxxx