Thursday, June 21, 2012

Personal Income (Including Federal Budget Deficit)

Disposable and discretionary income

Disposable income is total personal income minus personal current taxes.

Click to enlarge.

If it is truly our goal to maximize real disposable income then we should set all taxes to zero and keep them there permanently. Think how much money everyone would have!

Need a $12.3 billion USS Gerald R. Ford? Borrow it!


Need to fill it with $66.9 million Boeing F/A-18E/F Super Hornets? Borrow it!

FA-18 Hornet VFA-41

Need to haggle over $700 billion in food stamps over the next decade? Borrow it!

Hostess Twinkies

Need to pay unemployment for up to 18,000 Hostess employees (May 7, 2012)? Borrow it!

Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months.

Genius! Why hasn't anyone ever thought of this before?

See Also:
Twinkie Prosperity
Sarcasm Disclaimer

Source Data:
St. Louis Fed: Custom Chart

No comments: