Posts Tagged ‘On the Clock: Americans Work More Every Year to Balance Government Spending’

On the Clock: Americans Work More Every Year to Balance Government Spending

Sen. Chip Pearson

By Chip Pearson
DAWSONVILLE (August 27, 2010) – When our country’s financial deficit reaches into the trillions, it’s hard to put such excessive government spending into perspective.  Here’s one way to look at it: in order to cover your share of the government’s spending, you would have to work an average of 231 days out of the year.  That day fell on August 19 this year, which the Americans for Tax Reform Foundation calls Cost of Government Day (COGD).  This represents how long it takes the average American worker to earn enough income to cover their share of the spending and regulatory burdens imposed by government at the federal, state and local levels.* 

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