Results 1 to 2 of 2
Thread: Just a few interesting facts...
10-11-13, 06:24 AM #1
Just a few interesting facts...
If you are an American, your government spends $200,000.00 per hour, 24/7/365 (when it is not shut down). There are 2.5 million federal employees in the United States not counting military servicemen and women, meaning roughly 13.5% of the American workforce are civilian employees of the federal government. Their average salary is $67,000.00 per year (1). This exceeds the total number of worldwide employees of Wal Mart, the largest private sector employer, at 2.2 million, of which only 1.3 million actually work in the U.S. In 2008, when the U.S. lost 98,000 private sector manufacturing jobs, federal employment jumped 5.8%. From March 2007 to March 2008 the US economy created 1.5 million new jobs (in services). Legal and illegal immigration and work visas for foreigners exceeded US job creation (2).
Eighteen percent of America is now firmly entrenched in federal entitlement systems. Forty-five percent of every tax dollar now goes to major entitlements (3), and sixty-two percent of all federal spending is dedicated to entitlement programs (4). As of 2009, roughly four percent of Americans lived in public housing; six percent lived in households receiving means-tested cash assistance; Eleven percent accepted food stamps; and almost twenty-five percent received Medicaid (5). These numbers constitute some of the largest increases in entitlement antipoverty spending in U.S. history.
The top 10% of taxpayers pay 70.47% of federal tax income. 1%'ers pay 29% alone. 47% of Americans pay no income tax whatsoever, and the top 50% pay 97% of all income taxes. Income tax makes up 47% of all federal government receipts. Social Insurance payments make up 39%. Under the now-expired and non-renewed "Bush" tax cuts, increased speculative investments, aggressive private-sector hiring, and a stronger stock market fueled a much higher tax contribution by the wealthiest Americans, with "millionaire households" tax payments jumping 80% in two years, from $132 billion to $236 billion from 2003 to 2005 (6). Of course, that was then. Those tax cuts were tagged as being "only benefiting the rich"...
Conservative or Liberal, Democrat or Republican, Green or Tea... the facts are the facts, and you and your children, and your children's children are paying for it.
That, my friends, is the bottom line.
1. Labor: The Biggest Employer - TIME
2. LiveLeak.com - Government is the Largest Employer: The Fading American Economy
3. Federal Spending by the Numbers 2013
4. Charts on Federal Entitlement Spending as a Percentage of US Budget
5. The Shocking Truth on Entitlements - US News and World Report
6. Guess Who Really Pays the Taxes — The American Magazine
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
- Alexis de Tocqueville, Democracy in America
Tell me not, Sweet, I am unkind,
That from the nunnery
Of thy chaste breast and quiet mind
To war and arms I fly. - Lovelace
The opinions expressed by this poster are wholly his own, and should never be construed to even remotely be in representation of his employer, its agencies or assigns. In fact, they probably fail to be in alignment with the opinions of any rational human being.
10-11-13, 06:47 AM #2
Fuck the government.Do not war for peace. If you must war, war for justice. For without justice there is no peace. -me
We are who we choose to be.
R.I.P. Arielle. 08/20/2010-09/16/2012
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)