Posts Tagged Federal Debt
America, Please Wake Up! ~ Part One
Posted by Harley in The Economy on December 29, 2009
Have you noticed that the only sector of America that has grown exponentially during 2009 is government and they’re done it on the backs of us taxpayers? All the way from local government through state and on to Washington, these parasites are enjoying unprecedented prosperity while the rest of America’s free enterprise system is suffering.
In a recent analysis, USA Today analyzed 2M Federal workers tracked by the database of the Office of Personnel Management which excludes the White House, Congress, the Postal Service, Intelligence agencies and uniformed Military personnel. It found that 19% of Federal workers make more than $100,000 per year before overtime and bonuses compared to 14% when the recession began. The average Federal workers’ pay is much higher now than the average private sector worker’s pay. The leeches’ average $71,206/year versus the American free enterprise worker’s average of $40,331/year. If the excluded portion, not counting our great military, were added in, these figures would be even more outrageous.
In my own state of Colorado, the Governor added 4000 state government jobs while free enterprise lost jobs. My County government reneged on a senior property tax reduction so that the county could use it for the county government parasites.
I’m sure that if you look at your own state and counties you will find the same “stealing” by government on the backs of the taxpayers. We must take America back from these non-representative government bodies whose population is getting very close to out-numbering those of us in free enterprise who are working our tails off to satisfy the government’s appetite for our money. Please do your part to let these government parasites know that you will not take it any longer. It’s absolutely outrageous!
Our own government placates us with phony indexes manipulated to tell us things are better than we think. Food and energy costs are eliminated from the CPI – the consumer price index – so they can tell us prices have not increased due to much money chasing too few goods. How stupid do they think we are? Energy costs affect so many products, it’s not funny! Also, any time particular index items are susceptible to abrupt price movements, these items are eliminated from the computation for CPI so government can report a lower rate of inflation.
Then you have unemployment figures that do not include people who have stopped looking for work or part time workers who can’t find permanent work. By adding these people to the unemployed roles, total unemployment rises to 12%-15%, not the so-called 10% that is reported. Despite the Obama administration’s predictions that unemployment (which leaves out the 2 categories of workers above) would peak at 8% in 2009, unemployment has doubled since 1/1/08 thanks to wasteful boondoggle government bailouts and stimulus packages which will add even more people to the unemployed ranks.
The Federal government reports a debt of $12T. Total hogwash! That figure does not include off budget balance sheet liabilities such as unfunded pensions of $2T, state debt shortfalls $3.5T, current budget deficit $1.7T plus $1T more for the next 10 years, and, last but not least, those infamous entitlement programs of $60T. The real debt of the USA is more like $89T and rising to $100T. America is bankrupt! And yet, governments at all levels won’t stop spending and want to tax us even more, i.e.: health care, cap and trade, etc.. When will the people of the United States revolt?
This concludes Part One of “America, Please Wake Up!” the Conclusion is coming right behind it in a day or two. You don’t want to miss it!

