August 12, 2011

Grover Norquist: Happy Cost of Government Day! You Worked for It -

Whether you agree or not with the agenda or ideology of Grover Norquist, one fact is immutable: Government has become a massive part of the American economy and the tax burden to pay for it falls far short. Agree or not with 'no new taxes,' the growth and size of government at all levels pervades our lives. I'm persuaded that's not a 'good thing' nor what our founders expected when they adopted our Constitution.

"Yet focusing on the deficit understates the true cost of government. In fact, this year's deficit of $1.5 trillion is 'only' 40% of federal spending. And while federal spending has jumped to $3.8 trillion in 2011 from $2.9 trillion in 2008—a 31% increase—that does not include state and local spending, which is estimated to total $1.6 trillion in 2011, according to new report from the Americans for Tax Reform Foundation (ATRF). Nor do these numbers include the cost of individuals and businesses complying with federal regulations: The total cost of such compliance is estimated to be $1.8 trillion."

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