From American Spectator and Boortz:
- The cost of our federal government is 25% of our total economy (GDP). This is compared with the average of 20.7% of the GDP during 1970-2009
- If you include the cost of state and local government, the total cost of government is almost 40% of our GDP
- Since 2008, the cost of our federal government has increased by one-fourth
- By 2020, Obama will have increased the federal government by one-half on a per family basis
- Before the recession, federal spending totaled $24,000 per household
- By 2020, Obama would raise that to $36,000 per household
Remember that every dollar, dime, and penny the federal government comes out of some taxpayer‘s wallet. Every increase in the federal government comes from a forced decrease in individual income. Every expansion of government is accomplished by a shrinking of household income. This is your Hope and Change.
federal government, economy, GDP, government, recession, federal spending, Obama, taxpayer, household income, Hope and Change
Spread The Word:
