Pareto of US Govt Spending

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buckethead
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Pareto of US Govt Spending

Post 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


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Re: Pareto of US Govt Spending

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My military benefit has been cut already.
Obama's narcissism and arrogance is only superseded by his naivete and stupidity.

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Re: Pareto of US Govt Spending

Post 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!


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Re: Pareto of US Govt Spending

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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?
Obama's narcissism and arrogance is only superseded by his naivete and stupidity.


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Re: Pareto of US Govt Spending

Post by Andy83 »

Bucket. Please explain the pareto distribution so that even your president can understand it.
Obama's narcissism and arrogance is only superseded by his naivete and stupidity.

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Re: Pareto of US Govt Spending

Post by buckethead »

80% of the effects usually come from 20% of the causes.

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Re: Pareto of US Govt Spending

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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.
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Re: Pareto of US Govt Spending

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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

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Re: Pareto of US Govt Spending

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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.

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Re: Pareto of US Govt Spending

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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.

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Re: Pareto of US Govt Spending

Post 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.

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Re: Pareto of US Govt Spending

Post 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
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Re: Pareto of US Govt Spending

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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.
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Re: Pareto of US Govt Spending

Post 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.
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Are full of passionate intensity.

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Re: Pareto of US Govt Spending

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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.
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Re: Pareto of US Govt Spending

Post 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.
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Re: Pareto of US Govt Spending

Post 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.

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Re: Pareto of US Govt Spending

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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?
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Re: Pareto of US Govt Spending

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johno wrote:
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Pimp for Brazilian trannies with giant asses.

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Re: Pareto of US Govt Spending

Post 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.
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