Friday, September 18, 2009

Is this scary or what?

Our government has reached this undeniable state. Except for a very brief and small downsizing of his administration during Ronald Reagan's first term, federal, state and local government payrolls have grown steadily since Franklin D. Roosevelt's administration in the great depression.

But growth is not the worst part of it.

It was announced recently that government employees now top 22 million* while private industry manufacturing and construction payrolls fell to under 19 million. Besides being the largest employer in the country, our government has borrowed more in six months than all of the money borrowed for the past 100 years.

* This figure does not include the new government holdings in finance, insurance, real estate and automobile industries.

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