Memes of Misinformation: Federal Spending: Unraveling the Controversial, Socio-Economic and Political Issues Behind Those Annoying Social Media

Memes of Misinformation: Federal Spending: Unraveling the Controversial, Socio-Economic and Political Issues Behind Those Annoying Social Media

by Julio C Castaneda Jr


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In this first installment of the Misinformation series, the author tackles complex socio-economic and political topics related to the economy of the United States, such as the federal budget, wasteful spending, the national debt, unemployment and social security. By breaking down each subject into layman's terms, the author clearly and concisely presents, in an unbiased manner, the facts behind the fake news, half-truths and general misinformation from the annoying headlines and memes cluttering social media on these volatile subjects.

Product Details

ISBN-13: 9781622732524
Publisher: Vernon Art and Science
Publication date: 06/22/2017
Series: Vernon Series in Communication
Pages: 184
Product dimensions: 6.00(w) x 9.00(h) x 0.39(d)

About the Author

Julio C Castañeda Jr emigrated from Cuba to the US in 1974, grew up in South Florida and currently resides in California with his wife and youngest son. He graduated from Georgia Tech with a Master of Science in Mechanical Engineering and had worked for Motorola, Google and Snap Inc. for more than 25 years in product development, R&D, and manufacturing. Over the course of his career, Julio has earned a Master Six Sigma Black Belt, been granted 48 US patents and authored numerous technical reports on a broad range of engineering topics. An avid sports fan and fascinated by the statistical aspect of sports, he has published two books in a series titled "Football Morsels" redefining quarterback and team statistics. In this book, the first installment of the "Misinformation" series, Julio uses his statistical approach and data based conclusions to provide a balanced and unbiased presentation of key socio-economic and political issues.

Table of Contents




List of abbreviations

List of figures



Chapter 1 National Debt

Debt vs. deficit

Chapter 2 Progression of the debt

Surpluses & deficits

Chapter 3 Sources of revenue

Effective tax rates

Revenue changes over time

Chapter 4 Federal spending

Types of spending

Spending changes over time

Chapter 5 Who owns the debt?

Chapter 6 Gross Domestic Product & debt

Chapter 7 Origin of the welfare entitlement society




Success or failure?

Chapter 8 The Fed, gold & the debt ceiling

The Federal Reserve Bank

The Gold Standard

Bretton Woods and Triffin, oh my!

The Debt Ceiling

Chapter 9 Debt interest & impending doom

A brief history of Fed time

The cost of borrowing

Chapter 10 Analysis by President & Party

Budgets & spending

Category analysis by President

Category analysis by Party

Chapter 11 Loose ends

Wealth distribution


Social Security

Homeland security

Chapter 12 Final words

The Barleycorns

The fiscal endgame

Tanner and Skye

Appendix A

Appendix B

Appendix C

Appendix D

Appendix E




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