Sunday, March 14, 2010

Disturbing Trends

Budget Deficits: Actual and Projected

June 2009:

155 million workers in the private sector.
Average private sector income $39,751

22.5 million federal, state and local government employees.
Average government employee income $75,419

3.9 million welfare recipients
46.5 million social Security recipients
14.7 million drawing unemployment benefits

From John Goodman's Health Policy Blog:
In 2008:
Overall, federal workers earned an average salary of $67,691…the average pay for the same mix of jobs in the private sector was $60,046… These salary figures do not include the value of health, pension and other benefits, which averaged $40,785 per federal employee in 2008 vs. $9,882 per private worker.

"In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center." --CNN

"[O]ne out of every six dollars of American's income is now coming in the form of a federal or state check or voucher." --USA Today

Soon the tax-eaters will exceed the tax-payers.


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