Hello There, Guest! (LoginRegister)

Post Reply 
Is the Federal Govt. 1,200 Times better than it was 100 yrs ago?
Author Message
GGniner Offline
All American
*

Posts: 4,370
Joined: Feb 2007
Reputation: 38
I Root For:
Location:
Post: #1
Is the Federal Govt. 1,200 Times better than it was 100 yrs ago?
Not sure if this is factoring Inflation into the analysis or not, and this is even worse when you factor in State and Local spending compared to 100 yrs ago I'm sure:


Are you getting what you paid for?

Quote:I am borrowing this from newsletter guru, John Mauldin, who apparently borrowed it from The Privateer. It is verifiably true, and stunning beyond words.

In 1909 the federal government had an annual budget of $0.8 billion (yep, just $800 million). The population was 90 million. The cost of government was $9 per capita. In 2009, the federal government had a budget of $3,550 billion (yep, $3.55 trillion). The population is just over 300 million. That is a cost of $11,675 per capita.

So, are we 1,200x better off than we were 100 years ago in government services? 1,200x. Stew on it.


Conservatives err when they solely focus on the unaffordable nature of present government. It is too big, period. Too expensive, yes. Irresponsibly expensive, yes. And just too big. 1,200x more expensive (adjusted for population growth, mind you) than 100 years ago. Anyone care to compound the math out another 100 years? Heaven help us.
09-17-2009 02:49 PM
Find all posts by this user Quote this message in a reply
Advertisement


Rebel
Unregistered

 
CrappiesNew Orleans Bowl
Post: #2
RE: Is the Federal Govt. 1,200 Times better than it was 100 yrs ago?
Our federal budget will ALWAYS increase in dollar amount over the years due to common demand. However, it needs to be 1/50th of what it is today.
09-17-2009 07:16 PM
Quote this message in a reply
Advertisement


SumOfAllFears Offline
Grim Reaper of Misguided Liberal Souls
*

Posts: 18,213
Joined: Nov 2008
Reputation: 58
I Root For: America
Location:
Post: #3
RE: Is the Federal Govt. 1,200 Times better than it was 100 yrs ago?
Well you know Pelosi needs her 747 to file back to San Fran twice a week. While Michale O needs Designer clothes, Russian cariver, lobster and champaign for her lunch snack. Some things you just cannot do without.
09-17-2009 10:22 PM
Find all posts by this user Quote this message in a reply
Fo Shizzle Offline
Pragmatic Classical Liberal
*

Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina

Balance of Power Contest
Post: #4
RE: Is the Federal Govt. 1,200 Times better than it was 100 yrs ago?
(09-17-2009 10:22 PM)SumOfAllFears Wrote:  Well you know Pelosi needs her 747 to file back to San Fran twice a week. While Michale O needs Designer clothes, Russian cariver, lobster and champaign for her lunch snack. Some things you just cannot do without.

There is plenty of damn waste that can be attributed to BOTH gangs.
09-17-2009 10:31 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.