You know that Federal Spending is enormous, but here's a truly eye-popping visualization courtesy of Political Calculations.
Historically, federal spending has marched higher along with median household wages.
But that relationship has broken down, and so we're now seeing this chart go weirdly backwards, as federal spending spikes higher, without a corresponding rise in income.
Historically, federal spending has marched higher along with median household wages.
But that relationship has broken down, and so we're now seeing this chart go weirdly backwards, as federal spending spikes higher, without a corresponding rise in income.
Image: Political Calculations
Read more: http://www.businessinsider.com/us-federal-government-outlays-vs-median-household-income-2010-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=Google+Reader#ixzz10DaDliIc
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