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Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 5:00 pm
by buckethead
OK, the following four items account for over 80% of the US Budget. To me, any talk about cutting other programs may be right but they are of very little use.
Based on $3.7 Trillion Spending:
$1.18T on Medicare/Medicade (32%)
$875.5B on Social Security (24%, 56% cumulative)
$472B on interest on the public debt (13%, 68% cumulative)
$471.1B on DoD (minus Military Personnel*) (13%, 81% cumulative)
* Also, does not include anything on VA or benefits.
http://www.nytimes.com/interactive/2012 ... aphic.html
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 5:22 pm
by Andy83
My military benefit has been cut already.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 5:24 pm
by kreator
How can that be, when the welfare state works so well for all the other geographically large, ethnically diverse, culturally heterogeneous, populous global powers, like Sweden and Denmark!
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 5:36 pm
by Andy83
kreator wrote:How can that be, when the welfare state works so well for all the other geographically large, ethnically diverse, culturally heterogeneous, populous global powers, like Sweden and Denmark!
Because whoring is OK in those countries?
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 6:16 pm
by Andy83
Bucket. Please explain the pareto distribution so that even your president can understand it.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 8:00 pm
by buckethead
80% of the effects usually come from 20% of the causes.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 8:41 pm
by Turdacious
Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 9:38 pm
by buckethead
Turdacious wrote:Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Perfect. If we take the middle (25% fraud) that is almost $300B
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 9:44 pm
by kreator
BucketHead wrote:Turdacious wrote:Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Perfect. If we take the middle (25% fraud) that is almost $300B
LOL - Doesn't even cover interest on the debt.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 9:51 pm
by buckethead
kreator wrote:BucketHead wrote:Turdacious wrote:Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Perfect. If we take the middle (25% fraud) that is almost $300B
LOL - Doesn't even cover interest on the debt.
Uhh. It's not the only thing retard. I want to see a list of useful things to cut. So feel free to add one.
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 9:59 pm
by kreator
BucketHead wrote:kreator wrote:BucketHead wrote:Turdacious wrote:Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Perfect. If we take the middle (25% fraud) that is almost $300B
LOL - Doesn't even cover interest on the debt.
Uhh. It's not the only thing retard. I want to see a list of useful things to cut. So feel free to add one.

Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 10:25 pm
by TerryB
Andy79 wrote:Bucket. Please explain the pareto distribution so that even your president can understand it.
80% of everything on Irongarm is crap
20% isn't bad
Re: Pareto of US Govt Spending
Posted: Thu Nov 15, 2012 10:38 pm
by Turdacious
BucketHead wrote:Turdacious wrote:Estimates of the fraud and improper billing (i.e. fraud by companies who give campaign contributions and hire lobbyists) in Medicaid and Medicare run from 10-40% of expenses. Start there.
Perfect. If we take the middle (25% fraud) that is almost $300B
Too bad government bureaucracies don't care about saving taxpayers money.
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 12:56 am
by johno
I read an article (in the Wall St. Journal, IIRC) about a country that exempted workers who had become eligible for Soc. Security from paying further SS premiums.
So, say at 65, a worker gets a 12% raise (employee & employer contributions) as an incentive to stay in the workforce and to not collect Social Security.
The reported result was more workers collected fewer years of Soc. Security and the system became much more solvent. One thing I like about it: it is a voluntary program.
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 3:15 am
by TerryB
johno wrote:I read an article (in the Wall St. Journal, IIRC) about a country that exempted workers who had become eligible for Soc. Security from paying further SS premiums.
So, say at 65, a worker gets a 12% raise (employee & employer contributions) as an incentive to stay in the workforce and to not collect Social Security.
The reported result was more workers collected fewer years of Soc. Security and the system became much more solvent. One thing I like about it: it is a voluntary program.
What is this? Reform??
Will never work.
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 4:47 am
by Batboy2/75
protobuilder wrote:johno wrote:I read an article (in the Wall St. Journal, IIRC) about a country that exempted workers who had become eligible for Soc. Security from paying further SS premiums.
So, say at 65, a worker gets a 12% raise (employee & employer contributions) as an incentive to stay in the workforce and to not collect Social Security.
The reported result was more workers collected fewer years of Soc. Security and the system became much more solvent. One thing I like about it: it is a voluntary program.
What is this? Reform??
Will never work.
We already do it, but in a fucked way and not all of the money. Work past retirement age and you collect a portion of your SS money and your pay check.
What Johno outlined would streamline and improve upon what are already doing.
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 5:20 am
by Holland Oates
The problem is most companies want to push out older workers because of their higher rate of pay and more paid days off.
Even if I retire at 60(65?) I plan on operating some type of small business or working in another field.
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 6:00 am
by johno
Ed Zachary wrote:
Even if I retire at 60(65?) I plan on operating some type of small business or working in another field.
Escort for Busty Thai Trannys?
Re: Pareto of US Govt Spending
Posted: Fri Nov 16, 2012 6:27 am
by Holland Oates
johno wrote:
Escort for Busty Thai Trannys?
Pimp for Brazilian trannies with giant asses.
Re: Pareto of US Govt Spending
Posted: Tue Nov 20, 2012 2:35 pm
by bigpeach
SS would be fine if
a) we raise the cap both on contributions and withdrawls.
and
b) Congress stops raiding SS surpluses to "balance the budget," as was the hallmark of the Clinton-Gingrich years.
Quit bitching about the debt interest. That is income for the investors who bought it. 75% of it is American owned. Sorry to go all Reagan on you, but occasionally it must be done.