Several days ago I posted an article about Big Government in the United Sates. If I remember correctly; in 1900, 1 in 24 Americans had a job with the federal government. By 1948, it was 1 in 8, and by 2009, there were nearly two million federal employees working for the government with a 15% increase expected by 2010.
The federal employees’ payroll in 2009 was almost $15.5 billion. That was fifteen years ago! What’s it like today?
This is why the economy is not good. No new money is being generated. Federal employees are paid by tax money-all they’re doing is recycling old money. They’re increasing taxes, using that money to create new jobs within government, and redistributing old money.
Basically, they’re vampires to the American economy. They don’t produce! They just suck the blood out of the economy, and while they’re sucking they’re violating our privacy, placing cameras and surveillance gadgets everywhere, and now-they’re visiting people because of online posts. Well, what do you expect them to do?
If the size of the private sector was growing while the size of government was decreasing, and if government was giving money to Americans to start their own businesses, and if America started exporting more then we imported, then the economy would be doing much better.
It’s very simple.
Nooz Buffet 