Happy Cost of Government Day! 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.
As your Congressman and Senators hold their town hall meetings this recess [questions to ask], you should ask them why you needed to spend 224 days working to pay off your share of government. You should also ask them if you've already spent this much time working to pay off government, why would you possibly want to spend additional days working for a government takeover of healthcare?
View the COGD report at www.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 by visiting www.CostOfGovernmentDay.com.