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Government Costs More than Basic Living Expense

Marhefka Wrote: Apr 21, 2012 8:22 PM
I feel very discouraged about the future of America. The people who get free stuff will keep electing liberals and then they will get even more free stuff. Obama now owes 16 trillion and yet he refuses to stop spending money. Yet 50% of Americans actually support him!

President Obama is betting his re-election chances on convincing enough people that Americans are not taxed enough.  His designated villain is millionaires - a class that virtually everybody would like to be in. 

On the week that we all have the IRS and taxes on our mind, however, it is instructive to look at the bigger picture.  The Tax Foundation and the Republican Study Committee offer us the following graph that shows Americans spend more on government at the federal, state, and local level that to provide the essentials of food, shelter and clothing.  Yikes! 

Related Tags: Expense