The Scale Of Money

from the spend-a-few-hours dept

No one I know puts "scale" into perspective better than Randall Munroe at xkcd. If you haven't seen the latest, you should take the time to dive into what may be his largest image ever (and he's known for creating large images) dealing with money. I warn you, though, it may suck up a lot of time as you go through it:
While he's offering a poster of it for sale (along with some of his other "giant" images), I'm not sure even a poster does something like this justice, which is why he's also offering it as a "custom-printed four-poster tile pack. It comes as four individual 36"x24" posters which can be tiled on the wall, for a six-foot-wide mural view of the chart, allowing you to clearly read even the finest details." I may have to put that on my holiday wishlist.
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Filed Under: money, scale, xkcd

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  1. identicon
    AMusingFool, 22 Nov 2011 @ 1:26pm

    Re: Re: Re: Re: Re: Re: Jack Daniels Explains The Deficit

    Industrial Military complex - Karl Marx turn of phrase

    Or Eisenhower. They're certainly easy to confuse.

    37% of the total budget was social welfare

    And your point is?

    Proven - Reagan Tax policy worked

    Several points there: you do realize Reagan raised taxes several times (I only ask because very few of those who put Reagan forth as an icon to be followed do) after seeing that those 1981 cuts put the government on an unsustainable course?

    And is income concentration a good thing? Because those tax cuts started the concentration of wealth in this country:
    (see the first paragraph after Figure 5, in particular)

    Do high taxes actually retard economic growth?

    OK ill go to the Clinton Tax Level if you go back to the Gingrich Spending levels

    I wouldn't mind some of that. Clinton-era (Gingrich, if you prefer) military/defense spending levels would certainly be good. But most programs have gotten more expensive as the population has grown. You want to adjust those figures for population growth? I'd have to look into it in more detail, but that might work.

    As for the fair tax, I'm not too keen on going to a pure consumptive model. First, you've got a lot of exceptions to take care of, as you noted. But those exceptions could easily make the system as convoluted as the current system.

    More importantly, it probably ends up reducing taxes on the rich, as it wouldn't tax capital gains (where the rich make the majority of their money). If you don't tax capital accumulation, then you've set up an excellent system for a class system (you know, an aristocracy). That's a great deal for absolutely killing social mobility (you know, what supposedly makes America great).

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