Congressional Spending Problem in Easy to Understand Format; It’s Only Make Believe

Since 2000, how much has your average hourly wage gone up?

If you are in the upper crust, the answer may be staggering. If not, perhaps the following chart more closely resembles your experience.

Average Hourly Earnings 2000-2012
. . .
Actual spendable income is up far less than 44%.

It’s a peculiar thing how the CPI does not properly account for tax hikes.

While pondering those thoughts, please consider federal spending.
. . .
Problem in a Nutshell

  • Average salaries are up 44%.
  • US spending is up 112%.

. . .
[O]ne thing is for certain: The purported effort to balance the budget is nothing more than an exercise in make believe.

Congressional Spending Problem in Easy to Understand Format; It’s Only Make Believe

What can’t go on forever, won’t.

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