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SO WHEN WE SAY GOVERNMENT IS SPENDING ALMOST 4 TRILLION A YEAR AND BORROWING AROUND 40% Of IT … IT BOGGLES THE MIND

Federal, state and local governments spend about 40% of all the wealth that is created in the United States (GDP) each year … about $48,000 per family of 4 by the federal government and about $72,000 per year from all government.

Getting your money’s worth?

Paying your fair share?

Here’s a rough graph to represent just the federal spending under Obama to give you a visual idea of what we’re talking about.


FederalSpendingGraph



Getting the picture?

The first column shows how much cash worth (GDP) the entire economy produces in one year.

The second column shown the percent of that GDP the federal government spends.

The third column shows the portion (about 40%) that the government under Obama has been borrowing to spend EVERY YEAR - about $4.4 billion PER DAY under Obama!

The fourth column shows how much debt the government has accrued since George Washington was president and the bottom portion (black on white) shows how much Obama has accumulated in only THREE YEARS.

Finally, that tiny line in the last column represents (approximately) how much revenue Obama would theoretically produce if he passed his “Buffett Rule” and taxed all those millionaires and billionaires so that they paid their “fair share”.

On a side note, if you take that skinny line and reduced it to 1/100th of that thickness, THAT would be about how much the Democrats “cut” from the budget last year to pass the $2 TRILLION debt ceiling authorization … in reality they cut nothing, won’t really cut anything in the future, and haven’t even passed a budget in over 3 years!

And that fourth column is increasing by about $28 BILLION a week. Plus interest.

Like I said … getting the picture?

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