Posted on 03/22/2015 2:21:24 PM PDT by 1rudeboy
Well done.
92,898,000 Americans 16 years and older did not participate in the labor force last month
http://data.bls.gov/timeseries/LNS15000000
bump
BLS employment Obama lies
these numbers are off.
US tax revenue hovers around $2.5 t annually.
US annual spending is hovering around $4.0 t
US debt is now $18 t
translating into the average family:
annual income: $52k
annual spending: $83k
annual credit card debt: $31k
total current debt: $375k
Source?
PING !!!
Rumor on the hill has it that John Boehner tried to sabotage the Budget Committee last week in the 11th hour of their deliberations and lost. Tom Price, Budget Committee Chair, rallied his committee and ended up beating Boehner’s feeble attempt to kill their proposals.
It will be interesting to see what happens Tuesday next, in the Price vs Boehner saga, as the Budget Bill heads to congress.
source?
math
Ok, so the answer is none.
Your numbers are off.
Looks like a standard income statement and balance sheet in California.
As FReepers read the following analysis about the federal budget, please consider that the 17th Amendment (17A) is the real troublemaker with respect to fostering the criminal mismanagement of taxpayer dollars.
The material below explains in simple language not only the rough ceiling as to what taxpayers should be paying Congress every year to perform its constitutional Article I, Section 8-limited power duties, but also how we got into today’s federal financial mess.
To begin with, note that the Supreme Court has clarified that Congress is prohibited from laying taxes in the name of state power issues, essentially any issue that Congress cannot reasonably justify under its Section 8-limited powers.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.
Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the annual price tag of the federal government to the taxpayers as $1 trillion (but probably much less).
In other words, the corrupt media, including Obama guard dog Fx News, shouldn’t be reporting multi-trillion annual federal budgets without including the Supreme Court’s clarification of Congress’s limited power to lay taxes in discussions.
The likely reason that we now have an unconstitutionally big, tax-hungry federal government on our backs is this. When the Founding States established the federal Senate, they gave control of the Senate uniquely to state lawmakers. Part of the reason for having state legislatures control the Senate was so that the Senate could kill House appropriations bills which could not be justified under Congress’s Section 8-limited powers, such bills essentially stealing state powers and state revenues associated with those powers.
The problem is that the Progressive Movement spooked low-information citizens to pressure state lawmakers to ratify the ill-conceived 17A. And state lawmakers caved in and ratified the amendment, foolishly giving up the voices of the state legislatures in Congress by doing so.
So now, after voters elect their federal senators, they go home and watch football while corrupt senators rob voter’s wallets by working in cahoots with the corrupt House to pass unconstitutional appropriations bills.
The 17th Amendment needs to disappear.
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.