Every year, Americans for Tax Reform calculates Cost of Government Day — exactly how many days of the year Americans work to pay the total cost of government. This includes all government spending by federal, state, and local government. It also includes the costs forced into every product and service we buy in the private sector by state and federal regulations. Some regulations are silly and destructive. Others are important and useful. But none are free.
In 2008, Americans worked 197 days, until July 16 — in other words, more than half the year — to pay for the total cost of government. As a result of the bailouts, stimulus, and increased discretionary spending in the federal budget and new taxes for health care, Americans this year have worked until August 19, fully 231 days.
In two years, the American people have lost over a month of wages to the higher cost of government. Of the total, approximately 104 days are for federal spending, 52 days for state and local spending, 48 days for federal regulations, and 26 days for state and local regulations.
We know the problem. How do we do a U-turn on the road to serfdom?
Eleven score and four years ago, our forefathers brought forth on this continent a new nation, conceived in liberty and dedicated to the proposition that all men are created equal.
Today we live in an Animal Farm world where our elites in Congress consider themselves more equal than you or I; and the wealth created by the productive people in our society is regularly redistributed to those who produce nothing; or, it is wasted on the pet projects of those preening elites who are certain that they know what is best for for everyone. In short, we (and our children and their children) are slowly but inexorably being transformed into slaves of the State.
But, consider this: if, in two years an additional 34 days has accrued (from July 16 to August 19) on the total number of days that each of us has to work to pay for the cost of our bloated government; then it will only be < 4 years before we are all working the ENTIRE YEAR feeding this monster.
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