Some Interesting ideas
Click to read the article: https://time.com/5930093/amsterdam-doughnut-economics/
Thanks to Leigh Ann Masen for bringing this to our attention.
As expected, the big States with big cities usually have the highest expenditures per capita.
There are a few surprises. South Dakota has a low expenditure and Wyoming has a high expenditure despite being low population neighbors.
The upper graph shows military spending in the US.
The lower graph shows military spending as a percent of GDP.
In my mind it was a tall, proud city built on rocks stronger than oceans, wind-swept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and the heart to get here. That's how I saw it, and see it still."
Yesterday was horrible. And it makes it much harder for the US to hold ourselves up to the world as the Beacon of Democracy - A City Upon A Hill.
As the graphs show, we have put ourselves in a very bad position. We had to run big deficits to fight the pandemic and the great recession of 200-2009, but much of the growth in debt is simply that we spent more then we earned (taxed). We have been on a sugar high.
Click to read the article:
Feeling guilty. We will miss Hurricane Ian that is headed for our home near Sarasota, Florida. We are in the Pacific Ocean on a cruise heade...