For every dollar that the federal government taxes each of us to pour into the great, yawning, national debt-black-hole, it is important to remember that we are not merely being deprived of a dollar. We are also missing out on the opportunity costs associated with that dollar – that is, the other ways in which we might have spent or invested it and helped to contribute to our own personal wealth and the country’s economic growth. The government is currently taking out massive loans in our name, deciding how we should spend that money based upon political goals, and meanwhile, China collects the interest.
Plug in your stats at MyGovCost.org and see how you are being pilfered of your potential future wealth!
