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Saturday, October 17, 2009 - 10:06amSanction this postReply
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That is a very boring quote. But that web site is anything but boring. Take a look at this simple graph:



The graph says so much

"Unless the government share of the economy is significantly reduced ... sometime in the future there may occur major economic and/or national security impacts."

In that dry language, and in the act of grasping the horrors implied in the chart, we see laid bare the truth of a political cancer's effect on our future. The truth that our economic health is a direct product of free choices by free individuals - private enterprise. And the truth that government regulating, taking, taxing, borrowing and inflating is the cancer that is draining away that vitality and health - wasting away our nation.

It does not take a brain surgen to tell us that at some point, the remaining strength of patient will no longer carry the ever-increasing burden and death will result. And not even the best of the brain surgens will be able to tell us when... just that the time grows near. Something that we all can see when we look at that chart.

This web site is AWESOME! It should be taught to every high school and college student. It should be required that everyone be able to pass a test on this data before voting. Failure to understand it should be grounds for impeachment of a president and no one should be able to stand for federal elective office without demonstrating their understanding.

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Sunday, October 18, 2009 - 8:26amSanction this postReply
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Here are two more shocking graphs.
http://www.cato-at-liberty.org/2009/08/24/federal-pay-continues-rapid-ascent/

(Edited by Merlin Jetton on 10/18, 8:28am)


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Sunday, October 18, 2009 - 10:08amSanction this postReply
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I sanctioned Merlin's post with the link to the short Cato article - it is astounding to see what the average federal worker makes (with benefits).

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Sunday, October 18, 2009 - 10:18amSanction this postReply
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Michael Hodges has done a great job in his Report on International Spending, which is just one chapter in his on-line collection of hard, cold economic FACTS. By stepping back to see things from the long view, he has exposed the major trends, making the cute little dances and smoke-and-mirror shows of the politicians meaningless.


"...all major industrialized national world economies are significantly (5-10 times) more government-spending-dependent than ever before in their peace-time history - - and that increase is almost entirely social entitlement spending."

"It is the contention of this author that the freedom of individuals, and of their economic opportunity and security, is reduced in proportion to the rise in government-spending dependence of their nation."

Those quotes are from Mr. Hodges. Note that this page was last updated over 2 years ago and the chart above doesn't show the increase from Bush's last two years, nor the horrendus increase of Obama's first 9 months.

(Take a quick glance at the chart and tell me which decade the progressives started having their way.)

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Sunday, October 18, 2009 - 10:27amSanction this postReply
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Here is the Index to Michael Hodges extensive on-line reports.

I don't remember which of them had the graph above. But remember when you are looking at that chart that it is an average, and those who are productive are doing the paying and those who live on entitlements are not contributing. Meaning that the average that is taken from those who pay more than they get from the government would be much, much higher.


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Sunday, October 18, 2009 - 10:30amSanction this postReply
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While I'm posting charts of ugly trends, I thought I'd include this one which gives an idea of the magnitude of inflation we may run into shortly.




(Edited by Steve Wolfer on 10/18, 10:32am)


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Sunday, October 18, 2009 - 10:36amSanction this postReply
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Here is the Index to Michael Hodges extensive on-line reports. I don't remember which of them had the graph above.

I just look at that set of pie charts and think, sadly, "blue is health and happiness, other colors aren't." Call me Chicken Little, but I think we getting real near the end.


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Sunday, October 18, 2009 - 10:41amSanction this postReply
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Here is the Index to Michael Hodges extensive on-line reports. I don't remember which of them had the graph above.

Hodges makes the point that national defense is a legitimate federal expenditure, whereas social programs generate dependency and are toxic (my words not his). That makes the chart above very scary.


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Sunday, October 18, 2009 - 10:50amSanction this postReply
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Here is the Index to Michael Hodges extensive on-line reports. I don't remember which of them had the graph above.

It doesn't take a rocket scientist to see that we are consuming the seed corn, burning our bridges AHEAD of us, or whatever metaphor is used to describe choosing to continue to go in a direction that guarantees the creation of a massive economic collapse. A collapse that is only denied by those who childishly imagine government is somehow, magically, a primary source of wealth or those who secretly want a collapse.


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Sunday, October 18, 2009 - 11:09amSanction this postReply
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You might want to put these graphs under a separate thread with its own relevant title like documenting the growth of statism or some such.

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