Great breakdown, have read the older version done, but the change of whites positioned is quite stark. My finger is on that the aging and disabled population increased, since whites are more top-heavy age wise in the US (well, everywhere).
You got mistaken with the age thing. People tend to get richer as they age wich in turn means age favors whites. Social security does undo some of this but I still think controlling for age would be le good.
Social security costs over $1.2 trillion in 2022, it is the single largest government expenditure, even a slight decrease in usage would massively boosts the white net effect. In fact, if we generously assumed equal assignment of social security between races, it reduces the government usage of whites by around $218 billion. Medicare as well. If given equal assignment, it reduces the government usage of whites by nearly $105 billion. So just from those two alone, $323 billion of government usage among whites would be gone. It’s extremely unlikely that controlling for age reduces the tax revenue of whites by more than this. Sure, one can always speculate about that possibility, but it is realistically questionable.
Thank you for redoing this for 2022.
It was a good learning experience for teaching myself how to use Excel 😅
Great breakdown, have read the older version done, but the change of whites positioned is quite stark. My finger is on that the aging and disabled population increased, since whites are more top-heavy age wise in the US (well, everywhere).
Also nicely done on the topic of yellow fever.
You got mistaken with the age thing. People tend to get richer as they age wich in turn means age favors whites. Social security does undo some of this but I still think controlling for age would be le good.
Social security costs over $1.2 trillion in 2022, it is the single largest government expenditure, even a slight decrease in usage would massively boosts the white net effect. In fact, if we generously assumed equal assignment of social security between races, it reduces the government usage of whites by around $218 billion. Medicare as well. If given equal assignment, it reduces the government usage of whites by nearly $105 billion. So just from those two alone, $323 billion of government usage among whites would be gone. It’s extremely unlikely that controlling for age reduces the tax revenue of whites by more than this. Sure, one can always speculate about that possibility, but it is realistically questionable.
Yeah, true. I agree.