Billion secs = 32 yrs, Trillion secs = 32,000 yrs


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Tuesday, June 21, 2011

Can your household afford to pay $30,000+ annually in Federal taxes? That’s how much the government is spending!

The government is not a business. Where then does the government get money? If they spend one dollar they must get that dollar from you and/or me to pay for it.

Federal Spending per Household Is Skyrocketing

The federal government is spending more per household than ever before. Since 1965, spending per household has grown by nearly 162 percent, from $11,431 in 1965 to $29,401 in 2010. From 2010 to 2021, it is projected to rise to $35,773, a 22 percent increase.

 

INFLATION-ADJUSTED DOLLARS (2010)

Federal Spending per Household Is Skyrocketing

Source: U.S. Census Bureau, White House Office of Management and Budget, and Congressional Budget Office.

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