Posts tagged budget
I’d just like to remind everyone once again that, while our legislators bitch and whine about how to hack away our social services, we still spend 60% of our budget on the military. SIXTY PERCENT. Half and then some.
Don’t believe me? Go to http://www.deathandtaxesposter.com/ and see the budget for yourself.
ilovecharts:

I’d just like to remind everyone once again that, while our legislators bitch and whine about how to hack away our social services, we still spend 60% of our budget on the military. SIXTY PERCENT. Half and then some.

Don’t believe me? Go to http://www.deathandtaxesposter.com/ and see the budget for yourself.

ilovecharts:



Text: Who is to Blame for America’s Budgetary Woes?

5-10-11bud-f1.jpg

Just two policies dating from the Bush Administration — tax cuts and the wars in Iraq and Afghanistan — accounted for over $500 billion of the deficit in 2009 and will account for $7 trillion in deficits in 2009 through 2019, including the associated debt-service costs. [7] By 2019, we estimate that these two policies will account for almost half — nearly $10 trillion — of the $20 trillion in debt that will be owed under current policies.[8] (The Medicare prescription drug benefit enacted in 2003 also will substantially increase deficits and debt, but we are unable to quantify these impacts due to data limitations.) These impacts easily dwarf the stimulus and financial rescues, which will account for less than $2 trillion (less than 10 percent) of the debt at that time. Furthermore, unlike those temporary costs, these inherited policies (especially the tax cuts and the drug benefit) do not fade away as the economy recovers.

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It’s important for us to remember that every budget shortfall is linked to Bush’s never-ending money pit, The War on Terror. For comparison, NASA’s 18 billion dollar budget is roughly equivalent to:
1/3 of the Department of Defense’s “Intelligence” budget—100% of which is classified
1/2 of the allotment for personnel in the Air Force
somewhat less than the Research and Development budget for the Navy
a bit less than 1/2 of The Army’s budget for shiny new war toys (AKA, “Procurement”) 
These figures are rounded wildly, to see for yourself how more than half the budget is spent on defense, go to Death and Taxes for a visual of the US tax dollars at work.
lookhigh:

 
E.T., Phone Collect
If aliens come calling, we might not hear them.
The San Jose Mercury News reports that the SETI Institute — the one made famous by the movie Contact — has put its program to find alien life on hold. In an April 22 letter SETI sent to significant supporters, Tom Pierson, SETI’s CEO announced that beginning this week, the Allen Telescope Array “has been placed into hibernation due to funding shortfalls for operations of the Hat Creek Radio Observatory (HCRO) where the ATA is located.”
(via NPR)

It’s important for us to remember that every budget shortfall is linked to Bush’s never-ending money pit, The War on Terror. For comparison, NASA’s 18 billion dollar budget is roughly equivalent to:

  • 1/3 of the Department of Defense’s “Intelligence” budget—100% of which is classified
  • 1/2 of the allotment for personnel in the Air Force
  • somewhat less than the Research and Development budget for the Navy
  • a bit less than 1/2 of The Army’s budget for shiny new war toys (AKA, “Procurement”)

These figures are rounded wildly, to see for yourself how more than half the budget is spent on defense, go to Death and Taxes for a visual of the US tax dollars at work.

lookhigh:

E.T., Phone Collect

If aliens come calling, we might not hear them.

The San Jose Mercury News reports that the SETI Institute — the one made famous by the movie Contact — has put its program to find alien life on hold. In an April 22 letter SETI sent to significant supporters, Tom Pierson, SETI’s CEO announced that beginning this week, the Allen Telescope Array “has been placed into hibernation due to funding shortfalls for operations of the Hat Creek Radio Observatory (HCRO) where the ATA is located.”

(via NPR)

(via nprfreshair)