Neutral, non-partisan data is hard to come by these days. Thank goodness for the CBO. Its slideshows can be found here:
http://www.slideshare.net/cbo
One of the CBO's most recent (at least as of 2011) slideshows is about immigration. It includes the total number of immigrants apprehended and lots of other interesting statistics.
"And if an epitaph be my story, I'd have a short one ready for my own: I had a lover's quarrel with the world." -- Robert Frost
Showing posts with label CBO. Show all posts
Showing posts with label CBO. Show all posts
Thursday, February 3, 2011
Friday, June 18, 2010
Are You Smarter than a 7th Grader?
Are you smarter than a 7th grader? Here is a letter from a 7th grader to the CBO, the federal budget oversight office:
http://cboblog.cbo.gov/?p=1045
How will budget deficits affect people under the age of 18?
When the federal government borrows large amounts of money, it pushes interest rates higher, and people and businesses generally need to pay more to borrow money for themselves. As a result, they invest less in factories, office buildings, and equipment, and people in the future--including your generation--will have less income than they otherwise would. Also, the government needs to pay interest on the money it borrows, which means there will be less money available for other things that the government will spend money on in the future.
Kudos to the CBO for publishing the letter.
http://cboblog.cbo.gov/?p=1045
How will budget deficits affect people under the age of 18?
When the federal government borrows large amounts of money, it pushes interest rates higher, and people and businesses generally need to pay more to borrow money for themselves. As a result, they invest less in factories, office buildings, and equipment, and people in the future--including your generation--will have less income than they otherwise would. Also, the government needs to pay interest on the money it borrows, which means there will be less money available for other things that the government will spend money on in the future.
Kudos to the CBO for publishing the letter.
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