Will Killing Big Bird Save the Global Economy?
Will Killing Big Bird Save the Global Economy? 1IIM WORK FOOD Higher Employment + Lower Debt = Fixed Economy Annual Deficits CPB + PBS Employees vs. Unemployed CPB (govt agency that partially funds Big Bird) (annual increase to debt, in billions) as % of Deficit That tiny yellow speck you can barely see Unemployed Tiny purple speck = people that would be ADDED to the unemployment if PBS and CPB were shut down 1,413 1,293 1,300 1,327 901 09 10 11 12 13 Conclusion: Killing BIG BIRD won't do jack. What Could Save the Economy? 2013 Federal Fix Monetary Policy Lower Taxes Budget (forecasted, Obama) = More Jobs Total Govt Expenditures Government Revenue $ # Debt Military Budget Medicare + Medicaid Social Security Eliminate debt money standard. Return to commodity money? Cut this stuff to Marginal Effective Tax Rate for US Corporations is 35.6% -- Highest amongst OECD nations reduce deficit SOURCES http://www.usgovernmentspending.com http://www.cpb.org/aboutcpb/financials/budget/ http://www.linkedin.com http://www.bls.gov/news.release/pdf/empsif.pdf http://www.cato.org/pubs/tbb/tbb_65.pdf http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/tables pdf INFORMEDTRADES.COM Our mission is to help traders learn. Will Killing Big Bird Save the Global Economy? 1IIM WORK FOOD Higher Employment + Lower Debt = Fixed Economy Annual Deficits CPB + PBS Employees vs. Unemployed CPB (govt agency that partially funds Big Bird) (annual increase to debt, in billions) as % of Deficit That tiny yellow speck you can barely see Unemployed Tiny purple speck = people that would be ADDED to the unemployment if PBS and CPB were shut down 1,413 1,293 1,300 1,327 901 09 10 11 12 13 Conclusion: Killing BIG BIRD won't do jack. What Could Save the Economy? 2013 Federal Fix Monetary Policy Lower Taxes Budget (forecasted, Obama) = More Jobs Total Govt Expenditures Government Revenue $ # Debt Military Budget Medicare + Medicaid Social Security Eliminate debt money standard. Return to commodity money? Cut this stuff to Marginal Effective Tax Rate for US Corporations is 35.6% -- Highest amongst OECD nations reduce deficit SOURCES http://www.usgovernmentspending.com http://www.cpb.org/aboutcpb/financials/budget/ http://www.linkedin.com http://www.bls.gov/news.release/pdf/empsif.pdf http://www.cato.org/pubs/tbb/tbb_65.pdf http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/tables pdf INFORMEDTRADES.COM Our mission is to help traders learn.
Will Killing Big Bird Save the Global Economy?
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