A guide to federal spending simple enough for even a politician to understand.
I’m no expert on making flowcharts. I apologize if I’ve left anything out or if this looks sloppy.
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Pre-emptively, for any of you who think this is fallacious, Here are some links that might help assuage your concerns of accuracy. (satisfaction not guaranteed)
Regarding money printing and borrowing: On Monetary inflation’s affect on wealth inequality, and Mises on the subject.
Regarding the fallacy that government spending/war creates wealth: The broken window fallacy, Tom Woods on The great depression, world war 2 and American prosperity
Regarding raising the taxes on the wealthy: Here, Here, Hauser’s Law, Burden’s and subsidies of the welfare state, Why everyone should be in favor of reducing taxes - and this is just a modicum of economic articles on the subject.
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conza reblogged this from blue-belle and added:
Sums it up pretty nicely.
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tjslater posted this
