Ad
Ad
Ad
Pages: [1]   Bottom of Page
Print
Author Topic: For the visual types...  (Read 3538 times)
Slobodan Blagojevic
Sr. Member
****
Offline Offline

Posts: 6194


When everybody thinks the same... nobody thinks.


WWW
« on: July 24, 2011, 09:17:17 PM »
ReplyReply

A visualization of US debt:

http://www.wtfnoway.com/
Logged

Slobodan

Flickr
500px
Rob C
Sr. Member
****
Offline Offline

Posts: 12213


« Reply #1 on: July 25, 2011, 02:40:51 AM »
ReplyReply

Holy shit! as Robin might have said.

Rob C
Logged

tom b
Sr. Member
****
Online Online

Posts: 873


WWW
« Reply #2 on: July 25, 2011, 02:56:42 AM »
ReplyReply

Unfortunately it has flow on effects:

"Sydney is now the sixth priciest city in the world, up from 32nd place two years ago, while Melbourne has jumped from 38th to seventh."

Story here.

Cheers,


Logged

RSL
Sr. Member
****
Offline Offline

Posts: 6515



WWW
« Reply #3 on: July 25, 2011, 09:25:09 AM »
ReplyReply

Thanks, Slobodan. One might hope a graphic presentation like this would be an eye opener for some. Unfortunately, visualizing the debt in terms of physical mass masks the actual effects of the debt. I suspect a far too frequent response is, "Well, that's really bad news, but it's bad news for somebody else -- like the banks or the 'market.'" Maybe I'm wrong, but I suspect a fair number of people, perhaps even a majority, don't see government debt affecting their own lives. What a shock it'll be when the truth comes out, which it will no matter how much our politicians work to prevent it. How many people nowadays know the history of the Weimar Republic?
Logged

Rob C
Sr. Member
****
Offline Offline

Posts: 12213


« Reply #4 on: July 26, 2011, 02:24:38 PM »
ReplyReply

Thanks, Slobodan. One might hope a graphic presentation like this would be an eye opener for some. Unfortunately, visualizing the debt in terms of physical mass masks the actual effects of the debt. I suspect a far too frequent response is, "Well, that's really bad news, but it's bad news for somebody else -- like the banks or the 'market.'" Maybe I'm wrong, but I suspect a fair number of people, perhaps even a majority, don't see government debt affecting their own lives. What a shock it'll be when the truth comes out, which it will no matter how much our politicians work to prevent it. How many people nowadays know the history of the Weimar Republic?

Look on the bright side, Russ: for a little while, at least the printers will be happy!

Rob C
Logged

PeterAit
Sr. Member
****
Offline Offline

Posts: 1971



WWW
« Reply #5 on: July 26, 2011, 02:42:23 PM »
ReplyReply

A visualization of US debt:

http://www.wtfnoway.com/

Gee, just the thing for a photography forum. Thanks so much.
Logged

Peter
"Photographic technique is a means to an end, never the end itself."
View my photos at http://www.peteraitken.com
louoates
Sr. Member
****
Offline Offline

Posts: 783



WWW
« Reply #6 on: July 26, 2011, 03:46:14 PM »
ReplyReply

I would classify those visuals under Landscape/Future/Scary.
Logged
Justan
Sr. Member
****
Offline Offline

Posts: 1882


WWW
« Reply #7 on: July 29, 2011, 10:25:23 AM »
ReplyReply

There is an interesting article I came across on Wikipedia. http://en.wikipedia.org/wiki/United_States_public_debt

 The article shows the spiral of the debt over time, beginning at about the time of the last depression. The authors attribute the increasing debt to the spread of federally paid social programs and wars. Of course they also cite several presidents who have done everything in their power to evade paying for the very programs they promoted. That long term irresponsibility is the core issue confronting us today.

What the growing public debt represents, is the will of a series of presidents and congresses that canít resist using what amounts to the national credit card to sometimes solve problems but to mostly buy votes, but who largely refused to take the steps to pay down the debt and instead, made it the problem of the next president/congress.

Roughly 80 years of US history shows that people want the .gov to provide ever more goods and services, but the same people will do everything they can to evade paying for it.

The article is very educational.
Logged

Rob C
Sr. Member
****
Offline Offline

Posts: 12213


« Reply #8 on: July 29, 2011, 03:17:46 PM »
ReplyReply

There is an interesting article I came across on Wikipedia. http://en.wikipedia.org/wiki/United_States_public_debt

 The article shows the spiral of the debt over time, beginning at about the time of the last depression. The authors attribute the increasing debt to the spread of federally paid social programs and wars. Of course they also cite several presidents who have done everything in their power to evade paying for the very programs they promoted. That long term irresponsibility is the core issue confronting us today.

What the growing public debt represents, is the will of a series of presidents and congresses that canít resist using what amounts to the national credit card to sometimes solve problems but to mostly buy votes, but who largely refused to take the steps to pay down the debt and instead, made it the problem of the next president/congress.

Roughly 80 years of US history shows that people want the .gov to provide ever more goods and services, but the same people will do everything they can to evade paying for it.

The article is very educational.



Sounds just like the good old UK! And every other modern country in the western world.

The survival trick is to lose/win elections by turns, and that way you can always blame the previous government. Neat. Just what most of us deserve.

Rob C
« Last Edit: July 31, 2011, 10:10:27 AM by Rob C » Logged

Rhossydd
Sr. Member
****
Online Online

Posts: 1991


WWW
« Reply #9 on: July 31, 2011, 03:28:39 AM »
ReplyReply

Wikipedia..... The authors attribute.....
This is the peril of Wikipedia. People can use it to suggest their personal opinions are facts.
Logged
Pages: [1]   Top of Page
Print
Jump to:  

Ad
Ad
Ad