Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Blown Budget: Optics Problem
    Blown Budget: Optics Problem
    Blown Budget: Optics Problem
    Ebook69 pages33 minutes

    Blown Budget: Optics Problem

    By Steve Kassel Smith

    ()

    Read preview

    About this ebook

    - Unpublished work from August 2012 as criticism of G.W. Bush Presidency, now a retrospective that makes clear the status quo
    - How GOP Budgets, two wars, ineffective congress, and the 2008 Financial Crisis expanded the US Budget into a Bloated Disaster    
    - Drawing on career in government and on research in government budgets, economics,
    - Cold War missions for US Government ending in 1989 left USA in confused Foreign Policy, and unfocused security budget
    - Many clear statements can be drawn from the militarization of US society, inflated budgets, heavy spending overseas

    LanguageEnglish
    PublisherSteve Kassel Smith
    Release dateApr 28, 2018
    ISBN9781386733324
    Blown Budget: Optics Problem

    Related to Blown Budget

    Related ebooks

    Public Policy For You

    View More
    View More

    Related podcast episodes

    Related articles

    Related categories

    Reviews for Blown Budget

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Blown Budget - Steve Kassel Smith

      Table of Contents

      I. Introduction: We are looking at Budget Trouble

      II. Total US Federal Debt to Nominal GDP is 100%

      III. Congress is responsible

      IV.  Significant Risk to US Tax Payers

      V. GOP Budgets

      VI. Some Economics Points in Budgets

      VII. Tax Code Standardization, Right-Sizing, Streamlining

      VIII. US Budget Data and Graphs

      IX. Federal Budget Trends and Power Players 

      X. Whistleblowers

      XI. Sources 

      XII. Appendix

      Introduction: We are looking at Budget Trouble

      I SPENT MY CAREER IN the US Federal Government. Everyone in the big organizations learns budgeting rules and much information is provided for career professional development.

      Anyone can see the things that I point out in this analysis where I provide data, tables, and graphs regarding the US Budget. The data is 14 years from the US Treasury and represents historical budget costs. The focus will be on US Budget Outlays since this is a performance gauge of how well we have spent our taxpayer money. The media analysis seems to focus on meaningless comparisons of costs to GDP, US Fiscal Year Deficit, or US Tax Receipts by percentage of total by tax bracket. 

      If you are comfortable with numbers and data, go right to the charts and graphs that I have provided.  The value that I am trying to provide is in the data.  You can pull the data yourself with a little effort.  I know a lot people that are smarter than I am that won’t find much value in this book.  The value is in the data and the national discussion. 

      My goal is not to represent a 'be all, end all' analysis of US Federal Spending. There is no analysis that everyone will agree on or will not produce requests for additional data.

      Common sense does exist in US Governments and US Citizens. We are unused to seeing performance metrics to judge our congressman's performance. We do not see bare facts presented in the media. Political statements create more confusion than illumination.

      There is much to be digested by a simple review of the US Federal Budget Outlays. The data speaks for itself if the data is shown stratified by each year. Therefore I am presenting selected data from 1998 thru 2011 from the Financial Report of the US Government. The simplicity of the data should speak to each of us with some simple budgetary comments. It is really a review of data growth over 14 years. In some cases I have not tried to capture budget line entries adjustments of a billion dollars or more in individual years. In the end the budget lines that were so large that when $500 billion dollars was obviously adjusted to the gross outlay for the year I allowed the correction.

      The good news for many will be seeing increases to social program budget items during the period of the financial crisis of 2008-2011. I noticed large increases to financial assistance, unemployment funds, Medicaid, Medicare, and food stamps

      Enjoying the preview?
      Page 1 of 1