How Fast Do They Spend It?

This fast.

Scroll down to the bottom center of the page and you’ll find the Empire Center’s “$pend-o-meter,” something like those population clocks.Â This one uses the approved state budget of $120.9 billion to tick off the theoretical spending.

SoÂ far,Â less than three full days into the fiscal year, we’re atÂ more than $832 million.Â That’s not a misprint. If the spending is divided evenly over a year, it works out to about:

  • $331.2 million a day
  • $13.8 million an hour
  • $230,000 a minute
  • $3,834 a second
  1. Roger Murdock says:

    Pretty close to A-Rods paycheck, when calculated by the amount of time he actually plays….

  2. Cato says:

    As the Empire Center demonstrates, there is no shortage of smart and energetic people in Albany. Unfortunately, none of them are allowed to vote in Chamber.

  3. SGBurton says:

    You might want to change 120.9 Million to Billion.

    From JJ: Good idea. Done.

  4. Ed Rooney says:

    $122 Billion / Population of New York State (19,254,630) = $6336.13 per person per year.

    The monthly State rate = $528.01

    $2.8 Trillion / Population of the United States (300 Million) = $9333.33

    The monthly Federal rate = $777.77

    Imagine how interested everyone would be in the budget process if the goverment sent you a bill every month.

  5. Excelsior4life says:

    Ed Rooney, great job breaking down the numbers and showing us how the evil corporations and rich pay for something like 75% of our taxes

  6. Ed Rooney says:

    Ex, chill. We’ve already been down the road of the poor pay no taxes and I’m on your side.

    I was just getting into the spirit of uber-averaging to make the point the government she sure do spend a lot of money.

  7. Mike says:

    Ex and Ed:

    NO THEY DON’T. Corporate America recovers every last dime via passing it through to consumers and you know it. Stop defrauding everybody.

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