Monday Apr 26 2010
This is a good example of how to explain large numbers in short time frame. It was done by a college student. This is a great example of good design. It is simple, straightforward, and makes the President's claim that they are really cutting the budget ridiculous. Make that the last three Presidents.....
This video takes less than two minutes and is well worth your time. After seeing it, realize that there is actually a commission on cutting the deficit. Are they serious, as the student shows, you would have to cut all the entitlement spending, like social security, or thing like the Fed Govt buying a prison in IL to put the Gitmo prisoners.
The better idea would be as Tom Sowell suggests, tie Govt Spending to the GDP, the countries and states in trouble are the ones that have let debt dwarf GDP, Portugal debt is 3x its GDP.
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