Showing posts with label why the budget deficit is greater then inflation. Show all posts
Showing posts with label why the budget deficit is greater then inflation. Show all posts

Monday, January 23, 2023

Steve’s barking; the price of a big Mac ๐Ÿ”versus the US budget deficit ๐Ÿ’ธ

 Now being curious ๐Ÿง and not being o a cat ๐Ÿฑ I wanted to know how much difference the budget deficit is from 1972 compared to 2022 which is the period of 50 years. Now I discovered that the Big Mac was about 50 cents then and it’s $ 3.99 in 2022 ( learning this from the great truth teller Google(?). Now I also learned from this great truths teller that the budget deficit in 1972 was 23 billion as in dollars. Now the budget deficit for 2022 was $82 billion dollars. Now if you take the statistics of the cost of a big Mac compared to the budget deficit of those two years. The big Mac went up  800% in 50 years.Now if you take the budget deficit of the United States ๐Ÿ‡บ๐Ÿ‡ธ it went up ⬆️ about 350% if my math ๐Ÿงฎ is correct. But hold on now in 1972 the government only owed $427 billion according to the great swami google and now it $31 trillion that’s trillion with a big T. Now again, if my math is correct and it might not be that 725 times today what the country owes today compared to 1972. Now-if you look at it that way the big Mac is a fantastic bargain and what the government owes is too my chicken ๐Ÿ“ little friends is scarier than any horror movie. Damn you statistics, you can never tell the truth.