Skip to main content

Happy “Cost of Government Day”

This year, the Cost of Government Day falls on July 16th. Americans for Tax Reform defines COGD as “the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of spending and regulatory burdens imposed by government on the federal, state and local levels.”

They estimate that the cost of government now consumes 53.9% of national income, with the average American worker spending 83.7 days laboring to pay his “share” of federal spending. The average worker spends 50.5 days for state and local spending. Keep in mind that this is just spending, not regulation, which takes its own toll from you. Regulation requires 62.6 days, and “is estimated to cost 17.2 percent of national income.”

This is the Cost Day for the country as a whole. The date for each state varies.

You can draw your own conclusions on some of ATR’s analysis, but the figures are fascinating. Check out their report here. This would be great information to forward, as many people don’t truly understand what kind of a mess our government is in until they see cold, hard statistics, charts, and graphs.


Comments

  1. Dan @ Necessary RoughnessJuly 16, 2008 at 6:55 PM

    To give you an idea of how bad spending is over revenue, Tax Freedom Day was April 23. :)

    ReplyDelete

Post a Comment

Popular posts from this blog

NBC anti-life?

I would boycott NBC, if I ever watched it that is. I actually never watch anything on the old line networks, NBC, CBS, ABC, FOX. Everything I watch is on the cable only stations... do they still broadcast over the air? Ah well, this story is about the fact that it seems NBC refused to air an ad put together by some Catholic outfit that features an embryo and all of the hardships it faced in early life ending up with the revelation that they were talking about Obama. Here is the ad , check it out and see how unoffensive it is. Like I said, if I watched them I'd quit now. :-/
Post a Comment
Read more

Child Driven Education

Here is a Ted Talk with Sugata Mitra on Child Driven Education... very unschooling-like I think.  :-)  I've seen videos of him before, this is an update on his research on letting groups of kids learn on the internet, mostly without any supervision at all.  Posted via email from The Angry Gnome
Post a Comment
Read more

The Tea Parties

I didn't make our local Tea Party , but it pulled hundreds of people as well... Tea, anyone? from Father Hollywood by Father Hollywood Like hundreds of thousands of other Americans, the Hollywoods enjoyed a tea party this past Wednesday. "Tea party" (wink wink). Nothing subversive about sipping a little Darjeeling, eh wot? Nothing to see here, Miss Napolitano. Anyway, our local festivities were held at Veterans Memorial Boulevard in Metairie. There were literally thousands of people crammed into the neutral ground (though on that day, the ground was anything but...), as cars and trucks poured by the busy boulevard laing on their horns in support. Here are pictures. And like every such gathering in our environs, there was even a brass band and an improptu "second line" parade. It was a "party" after all. But it was a party with a serious reason. The crowds were so overwhelming that it was hard to hear the speakers, and unfortunately, we did have a fe...
4 comments
Read more