I’m kind of in a bad mood. For some strange reason, reading this didn’t cheer me up.
In fiscal 2010, according to numbers published by the Census Bureau and the Office of Management and Budget (OMB), net spending by all levels of government in the United States was $5,942,988,401,000. That equaled $50,074 for each one of the 118,682,000 households in the country.
In that same year, according to the Census Bureau, the median household income was $49,445.
That means total net government spending per household ($50,074) exceeded median household income (49,445) by $629.
Government in the United States, of course, has not always spent more per year than the median household earns. As recently as 2000, the relationship between government spending and household income was dramatically different. (Read More)
I have to live within my means, why doesn’t this massive government I work so hard to support?
You know what else ticks me off? Okay, I’ll tell you. Progressives like George Soros spend millions of dollars to prop up left wing blogs, while most of us countering their efforts do so on a mostly volunteer basis. CPAC awards and contests are nice but they don’t pay the bills.