You Got a Fix for the U.S. Budget? Here’s Your Chance to Test It

You Got a Fix for the U.S. Budget? Here’s Your Chance to Test It
Photo (cc) by Michael Fleshman

The Brookings Institution has developed a game for all you armchair federal budget experts out there.

The computer game called “The Fiscal Ship” allows you to set up to three broad policy goals (such as shrink government, reduce inequality, strengthen defense, or strengthen the social safety net, among others) and then try to find the policies that will achieve them. At the same time, players need to bring down the federal debt from its projected level in 2041 (130 percent of the gross domestic product) to where it is today (75 percent of gross domestic product).

Each policy choice you make has an impact both on your goals and on the debt level.

In a blog post about the game, David Wessel of Brookings said it was partly designed to show that there are no easy answers.

“You’ll discover how much money we’d raise by imposing a carbon tax or how much money we’d save by abolishing the Department of Education. You’ll see how small an impact some widely discussed policies would be, and how hard it is to solve the puzzle unless you choose some options that are, at least right now, politically difficult,” Wessel writes.

The game assumes you’ve become some sort of benevolent dictator — any policy you choose is implemented without having to worry about the political trade-offs or congressional approval. It can be worth clicking on some of the policies you might personally dislike, just to see what impacts they would have — or, at least, what impacts the folks at Brookings think they would have.

Try it out and let us know how your version worked out in the comments or on our Facebook page.

Read Next

Could You Give Up These 7 Expenses to Save Thousands of Dollars a Year?
Could You Give Up These 7 Expenses to Save Thousands of Dollars a Year?

These monthly costs eat at your disposable income. Here’s what you’d save if you cut them entirely or even trim them just 10%.

7 Surprising Things That Damage Your Credit Score
7 Surprising Things That Damage Your Credit Score

A seemingly small stumble can cause your credit score to plummet.

How to Avoid Being Surprised by 7 Nasty Expenses
How to Avoid Being Surprised by 7 Nasty Expenses

Major expenses are difficult to predict, but there are ways to make sure you’re protected.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Trending Stories