Liberty MavenRon Paul versus the 3 Trillion Dollar Government
May 15th, 2008 10:13 am | by Jake Towne | Published in Big Government, Commentary, Constitution, Economics, Liberty, Politics, Ron Paul, Taxes | 0
Ron Paul and Mike Gravel supporter wonders Why War when We-the-People could go to Skool?
(Article originally posted here http://www.nolanchart.com/article2884.html)
A brief look at the size of the US government:
$2.9 Trillion in federal spending in 2008 with a projected deficit of $410 Billion.[1]
This is equivalent to about 150,000,000 YEARS of college at current rates.[2]
In 1990, the total annual receipts for our government was $1.0 Trillion. Please don’t forget our Armed Forces were 2.1 million strong and staring down the USSR. We now have only 1.4 million troops. 1
What is the Future you ask? $0.9 Trillion increase in taxation from 2008 levels by 2013.1 That is $11,400 annually for every man, woman, and child in the United States, an increase of $3,000 from today. Thinking about retiring? Strap in for a wild ride.
As always, unlike the NFL, the author grants full permission to allow any accounts of, rebroadcasts, retransmissions, repostings in part or full of this article to your blog or anywhere else in order to promote the Restoration of our Republic.
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Sources
1 [whitehouse.gov historical budget link] Pages 26, 339
2 $19,902 as the average annual cost of attending a 4-year college
