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Tag: Government Spending
How much does the government spend per person?
The entire US Federal Budget alone is $4.4 trillion and the US population is 328,316,410. Dividing the US budget by the US population produces $13,401 in federal spending per American. $1.87 trillion in state spending produces $5,695 per person in state government spending. $1.99 trillion in local spending produces $6,061 per person…
Economics
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Get Society Rich Quick: The Ideal Level of Government Spending
It is commonly claimed that government spending is good for the economy, but the statistics show the opposite. Most recent studies find a negative correlation between total government size and economic growth. Why is economic growth important? Because wealthier societies are generally happier societies. No matter how good things get for us, we always…
Government Spending
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GOP Presidential Candidates’ Budget Plans EXPOSED!!!
GOP Candidate Ron Paul has produced a detailed budget containing over $1 trillion in first-year reductions. Mitt Romney, Rick Santorum, and Newt Gingrich have only indicated that they would attempt to repeal Obamacare saving an average of $20 billion a year.
Taxes
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A More Progressive Tax System Makes People Happier
A new study comparing 54 nations found that the more progressive the tax policy is, the happier the citizens are.
Corporate Welfare
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Voters See ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spending
15% of likely U.S. voters think the federal government should continue to provide funding for foreign countries to buy military weapons from U.S. companies. Seventy percent (70%) oppose this funding to promote U.S. arms sales.
Corporate Welfare
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Government Pays Doctors $44,000 to Use an iPad
Now starving doctors will finally be able to afford an iPad thanks to your generous tax contribution!
Government Spending
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Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs
About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006.
Corporate Welfare
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Bailout Costs $16,000 per Worker
A clear examination of the true costs of the bailouts.
Debt
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The Future of US Government Debt
Those who say “These are extraordinary times. We can’t afford to worry about the national debt now. We’ll be in a better position to deal with that later.” should check out these projections.