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alstry (35.02)

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June 08, 2009 – Comments (10)

An AP analysis of economic data from around the country shows that economic pain in a county decreases as the percentage of government workers in its work force rises.

http://globaleconomicanalysis.blogspot.com/2009/06/looking-for-work-try-university-towns.html

Think about the percentage of the U.S. Population is dependant on the government for expenses....including those on Social Security, Welfare, Food Stamps, AFDC, Unemployment, and Direct Government Workers(over 21,000,000).

Then add in those in the private sector that have jobs simply because of government spending(Health Care, Wal Mart, Transporation, Defense, Office Supplies, Manufacturing, Construction, Law, Technology and on and on and on)

You begin to realize that Government Spending is now a HUGE percentage of the economy....the only question is who is going to pay for all this spending when the private sector is contracting rapidly?????????

 

10 Comments – Post Your Own

#1) On June 08, 2009 at 8:44 AM, OneLegged (< 20) wrote:

Government services must be drastically cut.  There's no other way.

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#2) On June 08, 2009 at 8:48 AM, alstry (35.02) wrote:

Here is The Total Government's Problem.....

It now spends about $6.5 Trillion dollars per year but only brings in about $3.5 to $4 Trillion.

Couple issues:

Imagine if you had household expenses approaching double you income????  Who would lend to you and at what rate???

What would happen to our economy if $2.5 to $3. Trillion dollars (15% of GDP) of government spending stopped????

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#3) On June 08, 2009 at 9:53 AM, Gemini846 (50.00) wrote:

Any solution?

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#4) On June 08, 2009 at 9:56 AM, alstry (35.02) wrote:

Absolutey,

You must tear down the entire system and restructure it in an EQUITABLE fashion.  Right now....all roads lead to Wall Street banks and the Fed.

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#5) On June 08, 2009 at 11:01 AM, ralphmachio (24.77) wrote:

Yeah, but who owns the fed?  What other banks in the world are above scrutiny? The economy is just a symptom, if not the catalyst for the problem.  This problem goes much deeper.  

You gotta love how the gov. is insolvent, so they take 30% or so of all the major banks, and then get taxpayers to support the very entities that are charging them 3 and a half times their original home investment. It would be laughable if so many weren't so sold on it, and therefore propping up the very institutions that enslave them when the time is most ripe for real change. You really gotta wonder how we ended up like this. Our founding fathers did everything they could to warn us.  

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#6) On June 08, 2009 at 11:02 AM, alstry (35.02) wrote:

June 8 (Bloomberg) -- President Barack Obama, trying to bolster an economy he says still has a “long way to go,” announced 10 projects aimed at creating or saving more than 600,000 jobs, according to the administration.

OK...with what money?????

If Obama is only saving 600K jobs......how many will be lost....we have already lost 6 million????

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#7) On June 08, 2009 at 11:19 AM, dojodan444 (< 20) wrote:

Let's get specific, what Government services do you want to see cut? I would say some National Parks and BLM could be closed, the US Post Office could stop delivering mail from 6 days a week down to say 4 or 5 days a week - it's mostly junk mail now anyways! And while we are talking about Government cuts, the Border Patrol just gets larger and larger would seems a tad ridiculous. At the local level, some city parks and swimming pools could be closed.I personally would not want to touch any Public Health, Fire or Police money.

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#8) On June 08, 2009 at 11:27 AM, GNUBEE (25.37) wrote:

How many new temporary jobs were created to perform the census? 

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#9) On June 08, 2009 at 4:29 PM, Varchild2008 (85.27) wrote:

We could do away with the Post Office altogether by forcing all companys to send mail electronically instead.  The electronic mail gets sent to a separate e-mail box, seperate from the one you normally use, that is set up to prevent you from receiving any more than 10 pieces of mail per day or 60 pieces of mail per week.

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#10) On June 08, 2009 at 5:52 PM, alstry (35.02) wrote:

Var,

That would be what???.....about a million MORE people unemployed and collecting checks from the government instead of paying taxes???

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