Article

2015-09-15 Government

$19,346 Tax Per Worker; Feds Still Run $530B Deficit

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Posted by Fred 2015-09-15 00:00|| || Front Page|| [11124 views ] Top

#1 IIRC the Fed Debt level [public debt] is now the equivalent of slightly over US$107,000.0 per US household.

* See also PRAVDA > [True = Real] US DEBT-TO-GDP RATIO IS NOW 312.0% AND CLIMBING, US IS WELL-BEYOND THE POINT OF UNAVOIDABLE OR UNPREVENTABLE COLLAPSE.

Posted by JosephMendiola 2015-09-15 00:36|| 2015-09-15 00:36|| Front Page Top

#2 And yet, we can't have a space program anymore, can't maintain - let alone improve - our infrastructure, and can't have a military any larger than Paraguay (no offense intended). SO where does all the cash go? I imagine interest is a large chunk of change.

I track the beginning of the end to 1965, when the War on Poverty became a black hole.

Posted by Bobby 2015-09-15 07:45|| 2015-09-15 07:45|| Front Page Top

Posted by 2015-09-15 09:24|| 2015-09-15 09:24|| Front Page Top

#4 Possibly, Besoeker. Or we may have reached "peak Progressives" in both parties. Several of those Democrats who voted to filibuster the Iran thingy in the Senate will not be running for reelection. Ditto in the House. And at the state and local level ever more Tea party Republicans are being elected each year, shoving out Democrats and liberal Republicans alike.

Posted by trailing wife 2015-09-15 11:35|| 2015-09-15 11:35|| Front Page Top

#5 Your analysis of government as an economic enterprise is spot on, though.

Posted by trailing wife 2015-09-15 11:37|| 2015-09-15 11:37|| Front Page Top

#6 Just saw this on Instapundit:

GOOD IDEA: Scott Walker proposes ban on government unions.

That it's even being discussed, by the man who has already done it in his state, speaks volumes, it seems to me.

Posted by trailing wife 2015-09-15 12:21|| 2015-09-15 12:21|| Front Page Top

#7 tw, it also means that every union in the country will unite to do ANYTHING to stop him from becoming president.

Personally, I think abolishing public sector unions is a great idea, but I doubt it will ever happen.

Posted by Rambler in Virginia 2015-09-15 12:58|| 2015-09-15 12:58|| Front Page Top

#8 As long as Affirmative Action exists, there will public sector unions.

Posted by Besoeker 2015-09-15 13:08|| 2015-09-15 13:08|| Front Page Top

#9 And vice versa, Besoeker.

Posted by Rambler in Virginia 2015-09-15 13:18|| 2015-09-15 13:18|| Front Page Top

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