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Cake day: January 2nd, 2024

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  • I’m fairly irritated at myself to report that I just wasted half an hour of my life looking through Rand Paul’s report in detail, because I was curious how he managed to arrive at $900 billion dollars. I spent some time with Google Sheets and trying to de-obfuscate his numbers. I’ll cut to the punch line. It’s:

    • $659 billion in interest on the national debt
    • $236 billion in “improper federal payments” – basically, money that the federal government erroneously paid out to people it realized it shouldn’t have ever given it to in the first place. This number is, apparently, actually real, and I sort of agree with Paul that it sounds big enough to be a problem. I will note that the number went monotonically up all through the Trump years, up to a peak of over $300 billion, and monotonically down through all through the Biden years.
    • $851 million on all the rest of this culture-war bullshit aside from those two single line items

    Or, to put it in visual form:

    Everything in any news story, about Egypt or lobster tanks or transgender monkeys or whatever, is part of the orange slice of the chart.



  • Among notable instances, the National Institutes of Health allocated funds to study Russian cats on treadmills; photos of Barbies were utilized as identification to obtain COVID relief funds; the Department of Defense lost $169 million of outdoor-stored military gear; $6 million went towards tourism in Egypt by the United States Agency for International Development; and the Small Business Administration provided over $200 million to “struggling” music artists such as Post Malone, Chris Brown and Lil Wayne.

    Oh, so it’s culture-war bullshit. Neat.

    “Who’s to blame for our crushing level of debt? Everybody,”

    Oooooh… okay, I get it now. It’s a desperate attempt to find a catchy and memorable thing to blame that isn’t “we give money to rich people by the trillions and tax them less than we do the electricians.” $6 million is like a week’s worth of lost tax revenue from any one of 500 different companies. But sure, tourism in Egypt is the problem. Everyone please remember that.