A clip from a movie called I.O.U.S.A. Not often you see a data visualization in movie.
Federal Deficit Video
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Visualizing Economics was created by Catherine Mulbrandon. Here you can view graphs and charts about the United States and world economies. I am available for freelance projects.
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Infographics listed in VE Inforgraphics by Catherine Mulbrandon are licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.Images created by others retain the © of their respective owners, and their reproduction here for educational and critical purposes constitutes fair use.
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{ 2 comments… read them below or add one }
Two points:
The stripping out the social security surplus is crucial – this is a national pension and disability program that needs to be sequestering funds for the future. If private companies co-mingled their funds and failed to safely set aside their pension funds held for their future retirees the executives would be jailed.
The growth of the actual real budget deficit and the mounting national debt has to be placed in the context of (a) the “real” number after stripping out inflation. and (b) looking at the growth of the national debt in context of the total gross domestic product (GDP) of our country.
The portion of the debt which is engendered to buy new infrastructure for our country is essentially a swap of assets – example: converting cash (one asset) into a new airport or bridge. The new asset may have future income producing characteristics that outweigh the value of the cash and give us more future revenue than the extra debt service costs.
great videos thank you.