Skip to comments.
2011 Cost of Government Day: August 12
ATR ^
| 2011-08-10
| Mattie Corrao and John Kartch
Posted on 08/11/2011 8:04:08 AM PDT by 92nina
Every year, Americans for Tax Reform Foundation publishes its Cost of Government Day report, which calculates the day on the calendar year until which the average American must work to pay for the full costs of government spending and regulation. The study is available online at www.CostOfGovernmentDay.com Highlights of the report are as follows:
- Overall government burden: This year, Cost of Government Day falls on August 12, meaning Americans labor a full 224 days into the year to pay for local, state and federal government spending and regulations.
- Impact of Obama overspending: Americans have lost 29 days of the calendar year thanks to Obamas overspending and regulatory zeal. 2011 marks the third straight year COGD has fallen in August. Prior to the Obama Administration, COGD had never fallen later than July 21.
- Stimulus, bailouts, and federal spending: The effects of the bailouts and failed stimulus plan are still being felt by Americans, who must work a full 103 days to pay for the costs of federal spending.
- State and local government spending: Americans spend 44 days working to pay off state and local government spending.
- Regulatory burden of Obamacare and Dodd-Frank: Americans are forced to labor 77 days to pay for total federal regulations, a workload that will increase exponentially with the implementation of the Dodd-Frank financial regulatory bill and Patient Protection and Affordable Care Act, known more popularly as Obamacare.
- Cost of Government Day in the fifty states: The report also measures varying government burdens in each state to calculate their respective state Cost of Government Day. As in past years, taxpayers in Connecticut must work the latest to celebrate their COGD, laboring all the way until September 10 to pay off the full costs of government...
Read more: http://www.atr.org/cost-government-august-a6400#ixzz1UjO0OrJu
(Excerpt) Read more at atr.org ...
TOPICS: Government; Politics; Reference; Society
KEYWORDS: constitution; governmentday; govtabuse; statesrights; taxday; taxes; taxreform
Americans have to work 224 days to pay the full cost of government
Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at at Digg and at Reddit and in Stumbleupon and Delicious
1
posted on
08/11/2011 8:04:19 AM PDT
by
92nina
After 42 Days FR Is Still Short Of Its Goal
If Free Republic Ends We Lose
And This Man Wins
Click The Pic To Donate
2
posted on
08/11/2011 8:14:49 AM PDT
by
DJ MacWoW
(America! The wolves are here! What will you do?)
To: 92nina
In 2011, Cost of Government Day falls on August 12. Working people must toil 224 days out of the year just to meet all costs imposed by government, a full 27 days longer than 2008.
In other words, in 2011 the cost of government consumes 61.42 percent of national income.
WHOA!
To: 92nina
It just creeps later each and every year.
4
posted on
08/11/2011 12:15:43 PM PDT
by
Immerito
(Reading Through the Bible in 90 Days)
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson