Today, August 12, is Cost of Government Day (COGD), the day of the calendar year when the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burdens imposed by government on the federal, state, and local levels.COGD falls 26 days later than last year's date, and it's 23 days later than the previous all-time high of July 20, in 1982. There are numerous reasons for this explosive growth in government spending including TARP, the so-called Stimulus, and the big three auto "bailouts." If Congress and the President had not pushed for TARP, Americans would have celebrated COGD on July 25 rather than on August 12.
View the COGD report at CostofGovernmentDay.com and arm yourselves with the data to ask your representatives the necessary and hard questions about the astonishing growth in government. The report contains a state-by-state breakdown so you can find out how your state ranks.
Tags: American workers, Americans for Tax Reform, ATR, capital gains taxes, COGD, cost of government, Government Day, National Debt To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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