[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

A Comprehensive Guide To Choosing The Right Protein Powde

3-Time Convicted Violent Criminal Repeatedly Threatened to Kidnap and Kill Judge Cannon and Her Family

Candace Owens: Kamala Harris is not Black Â…

Prof. John Mearsheimer: Israel NOT Going To Win In Lebanon

Iran to destroy all Israel gas fields, power plants at once if Tel Aviv makes mistake: Deputy IRGC chief

Army Vet Calls Out FEMA for Prioritizing Migrants Over Hurricane Victims, Takes Matters Into His Own Hands

Unemployment among 25-34-year-olds with degrees nearly doubles in 4 months

Silver breaks 13-year resistance, signaling potential new secular trend

Two Ukrainian officials found with $6M cash, yet Hurricane Helene victims struggle for aid?

Elite colleges shocked: Students "Don't know how' to read books."

Is Washington's 'high threat' volcano about to blow? Scientists baffled by record spike in earthquakes around Mount Adams

FEMA whistleblowers revealed a treasonous misuse of taxpayer funds.

Exposing how useless FEMA is in Asheville, NC.

Kamala Harris Admin ARRESTED a man for bringing a helicopter full of supplies to Hurricane Helene victims.

MSNBC brings on an anti-Trump impeachment witness, only to be stunned when he announces he's voting for Trump.

She escaped the religious sect she grew up in. Now she says Trump’s MAGA movement is eerily similar

Federal Law REQUIRES Car Makers to MONITOR You

Candace Owens: When are you going to address this, KAMALA?

Democrats Celebrate a Seemingly Impressive September Jobs Report – What They are Not Telling You

The Boiling Point – America Have You Had ‘Enough,’ Yet?

Shopping Malls Implementing Curfews And Teen "Waiting Zones" To Try And Curb Chaos, Theft And Fights

US Public Debt Grew $115 Billion A Day For the Past 3 Days Totaling $345 Billion.

Dramatic Footage Shows Tanker Blown Up In Critical Maritime Chokepoint As Disasters Mount For Biden-Harris

The Remdesivir Papers: Did Service Members Deserve to Die?

“My Blood is Boiling”: Furious Elon Musk Goes Off on FEMA for Blocking SpaceX Engineers from Assisting

“The Stench is Unbearable”: Dead Bodies Piling Up, FEMA Abandons NC Residents Amid Hurricane Helene

Cash and the Constitution

Disaster Relief (INSIDER) Tells Why FEMA Won't Let Citizens Help.

The $212 Billion Dollar Food ingredient poisoning your Brain

"Last Election EVER" - Elon Musk vs Mark Cuban: Billionaires BATTLE Over Dangers If Trump Loses 2024


Editorial
See other Editorial Articles

Title: EDITORIAL: We can't afford this government Costs of bureaucracy spread like a deadly virus
Source: [None]
URL Source: http://www.washingtontimes.com/news ... e-cant-afford-this-government/
Published: Aug 20, 2010
Author: Staff
Post Date: 2010-08-20 11:23:46 by Horse
Keywords: None
Views: 47
Comments: 3

Whether by design or incompetence, the Cloward-Piven Strategy lives. Named after two leftist professors at Columbia University, the scheme calls for overwhelming government obligations to the point of collapse, therefore providing an excuse for a radical government takeover of the whole economy. Three news stories yesterday show the Cloward-Piven day of reckoning is creeping perilously closer.

First came word that new jobless claims last week jumped above half a million, a number so large that one economist said "it looks like the economy ran into a wall." Second came a Congressional Budget Office estimate that this year's federal deficit will be well above $1.3 trillion for a second straight year and remain above $1 trillion next year as well - causing as much debt in three years as government built up in the previous 219.

Third came the announcement by Americans for Tax Reform (ATR) that yesterday was the 2010 "Cost of Government Day," which is "the day on which the average American has earned enough gross income to pay off his or her share of the spending and regulatory burdens imposed by government at the federal, state and local levels." Just two years ago, Cost of Government Day fell an astonishing 34 days earlier. This year, the average American worked 231 days just to support government, which consumes 63.41 percent of national income.

If anything, ATR underestimates the problem. Of those 231 days, 74 are taken up by regulatory costs. But that includes only the direct costs of new equipment and labor time required by government red tape. "Not counted are ... hidden costs" (such as discouraging new business investment), according to ATR, that "may be as large as the direct compliance costs of regulation. Economists at Washington University in St. Louis, leaders in the study of regulation, estimated these costs to be over $1.5 trillion per year in 2009."

Taxpayers foot the bill for an increasing number of government workers at outrageously growing wages. ATR reports that federal employment has increased by 230,000, or nearly 5 percent, in just the past year. USA Today reported Aug. 10 that federal pay and benefits per employee now average more than twice that of private workers: $123,049 compared to $61,051. Federal salaries outpaced inflation in the past decade by 33 percent.

Such government extravagance is unsustainable, and all this doesn't even take into account the $115.8 trillion of unfunded liabilities in Social Security and Medicare, as calculated by Michael D. Tanner of the Cato Institute.

The United States is headed toward financial collapse unless these trends are reversed. The radical change needed is not a government takeover, but a significant downsizing of government's intrusion into our economy and daily lives.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Horse (#0)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-08-20   11:58:33 ET  Reply   Trace   Private Reply  


#2. To: Horse (#0)

The United States is headed toward financial collapse unless these trends are reversed. The radical change needed is not a government takeover, but a significant downsizing of government's intrusion into our economy and daily lives.

Someone at the Washington Times just woke up.

Is anyone in Congress listening as the mainstream media starts to discuss "financial collapse?"

ratcat  posted on  2010-08-20   23:55:35 ET  Reply   Trace   Private Reply  


#3. To: ratcat (#2)

Someone at the Washington Times just woke up.

They'll go back to sleep as soon as a Republican's in the oval office.


My joy over McCain's defeat, is offset by my disappointment over hObama's victory.

hondo68  posted on  2010-08-21   0:05:44 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]