Out of Control Federal Per Capita Spending

[TonySutton]

With all of the debt ceiling and budget news lately we recently had a discussion in my work group about how congress is out of control especially with regards to spending. Someone asked what the per capita spending was so we decided to look it up...

we were shocked....

1950 $296
1960 $543
1970 $962
1980 $2609
1990 $5039
2000 $6341
2010 $11194

source: http://www.usgovernmentspending.com/US_per_capita_spending.html

 

[ironmanjakarta]

Are those numbers adjusted for inflation?

 

[Kylie]

With all of the debt ceiling and budget news lately we recently had a discussion in my work group about how congress is out of control especially with regards to spending. Someone asked what the per capita spending was so we decided to look it up...

we were shocked....

1950 $296
1960 $543
1970 $962
1980 $2609
1990 $5039
2000 $6341
2010 $11194

source: http://www.usgovernmentspending.com/US_per_capita_spending.html

Thanks for the link!

Those numbers are crazy!!

 

[Fox McCloud]

Are those numbers adjusted for inflation?

Doubt it.

That said, even inflation adjusted, in 1950 it only comes out to $2651.04...which is still around 4.5 less than what it currently is....which is pretty doggone bad.