Yesterday was ‘Cost of Government Day’. That’s how many days the average workers works to pay off the total costs of federal, state and local government. Last year it was July 19th. In 2007, it was July 11. This year, it’s 25 days later. Last year it was only 6 days later. I can’t wait to see next year, with bailouts and more bailouts. What happens when it takes more than 365 days to satisfy our government burden?
Here’s some interesting information about our ability to pay for Big Government:
- Between 1994 and 1997, COGD went down, from July 13th to April 9th, with a steady rise since
- Broken down between federal and state: Federal spending will consume 111 days of your life this year. State and local spending takes up 49 days, and regulatory costs, 65 days.
- The last time the cost of government was this late in the year was during the presidency of Jimmy Carter in 1977
- For Brits, their COGD is Jun 24, 2009.
I’m going back to my virtual worlds in my writing. The real thing is too depressing at times.