Brilliantly understandable! And it gets to the key points of what must be changed - instead of kicking it down the road.
Peter G. Peterson: "Why I want to invest in the next generation"
Investing in the next generation by dealing with the issues now.
Great presentations of the facts.
What Can A Kid Teach You About The National Debt? Great video series
Aging and health - The effect on kids having to carry the burden, especially if not fixed
The pictures and graphs of what is going on
The graphs
Chart of the deficits over the years
Revenues, deficits, and social security, Medicare, Medicaid and interest on the debts 2011 forward
Social Security deficits projection over the years, from 1970 to 2080
The solutions
The other 20% of federal spending - Reviewing the other spending besides defense, health care, and
Social Security.
Where the money comes from: Revenues & Tax
Making social security sustainable
Improving health care
National defense
Fixing the budget process
Fiscal Outlook
CBO's 2011 Long-Term Budget Outlook (projections, not pretty!!!!)
The solutions initiative: Six leading think tanks offer their plans for addressing U.S. budge challenges.
Understanding the Debt Limit - The Committee For a Responsible Budget explains
We owe $14 trillion. To whom?
More on spending
Graphs
Compositon of Spending, 1965 To Present
R & D and Interest Costs
U.S. Defense Spending
Discussions
The President's 2012 Budget - And its high growth assumptions and it's failure to cut enough
The Budget Control Act of 2011 - Imposing caps on spending and The Super Committee
CBO Update On Budget And Economic Outlook - Including the projecting debt as % of GDP
Retirement Reform in France 2010 - And the effects of the sweeping overhaul
More on Taxes
Graphs
Graph of five largest spending items
Where taxes come from - the sources of tax revenue, pie chart
Who pays taxes - Income % versus taxes paid % (of the total).
Discussions, plans, comments
A plan to tax the foreign income of U.S. companies
More on Health Care
Graphs
Growing health care costs as a % of GDP - incredible
Internation comparison of the number of MRI exams by country
Discussions
Health spending project to top $4 trillion by 2020 - Is that a problem!?!!!!!
2011 Medicare Trustees Report - Urges prompt action!!! Recent laws have put caps on Medicare
costs (although people don't know that and were highly objecting to a plan that proposes a
similar solution)
Personal Responsibility
Graphs
Personal savings 1930 to now
Household debt as a % of disposable income (bad news!)
Low income seniors rely on Social Security for over 80% of their income.- chart by quintiles
Discussions
Credit reposts and credit scorres
Tips to managing your money in challenging times
Student debt and the class of 2008
Finances of American Households in the past three recessions
Discussions
I hope this resource will be very helpful in having you understand what the issues are and what the solutions might be. I earnestly wish for this society to vastly increase its ability to make rational, informed decisions that serve the best interests of what can again be a super great nation. And may more of you become rational non politicians.
The Rational NonPolitician
