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Comparing U.S. Federal Spending with Revenue
Comparing U.S. Federal Spending with Revenue
In 2021, the U.S. government spent $6.8 trillion on various expenditures and government-aided programs. Where was this money spent, and how much was covered by taxpayers’ dollars?
This graphic by Truman Du shows a breakdown of U.S. federal spending in 2021, as well as a breakdown of where the money came from, using data from USAspending.gov.
Tent Cities Are Taking Over Vast Stretches Of Our Major Cities (And It Is Only Going To Get Worse)
China’s Growing Trade Dominance in Latin America
China’s Growing Trade Dominance in Latin America
Over the past 20 years, China’s economic presence around the world has grown significantly, including in Latin America.
Now, China is one of Latin America’s largest trade partners, which is threatening U.S. dominance in the region. This graphic by Latinometrics uses IMF data to show trade flows between China and Latin America since the 1980s.
Two Decades of Trade Growth
Visualized: The Value of U.S. Imports of Goods by State
Visualized: The Value of U.S. Imports of Goods by State 2021
For nearly 50 years and counting, U.S. imports have exceeded exports—and 2021 was no exception. Imports of goods to the U.S. equaled $2.8 trillion, relative to $1.8 trillion for exports, putting the 2021 goods trade deficit at its highest level on record.