The Free Enterprise Nation website has compiled a handy list of egregious examples of your tax money down the drain. The list cites federal, state, and local spending excesses, but I’ll just note a few that Congress and our own House member have perpetrated on us:
In the first quarter of 2010, employees in the private sector earned $300 billion LESS than they earned in the last quarter of 2007, while governments grew and their payrolls increased.
At the end of 2009, average compensation and benefits to federal workers was $123,049, as compared with $61,051 for private sector workers. And, during 2009, federal workers got an average of 6.9% in raises and two new employee benefits!
Unfunded liabilities for Social Security and Medicare are estimated to be $106 TRILLION, eight times more than Congress says the US debt is.
Fraudulent unemployment benefit payouts were estimated to be nearly $3 billion in 2009, according to the U.S. Labor Department.
While federal revenues increased just 4% between 2000 and 2009, federal spending nearly doubled.
When is this waste, irresponsible spending, and expansion of the public sector at the expense of the private sector going to stop? It’s up to you and me. We must vote out all the legislators who are hooked on big government, deficits, and unaccountability. That includes Lynn Woolsey.
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