$1 billion an hour -- hell, I'd work for half of that

Since Obama was inaugurated, Congress has voted to spend around $1,000,000,000 per hour. Let's have some fun with the math.

There are around 300,000,000 people in this country. Let's say that every man, woman, child, infant, and octogenarian works an 8 hour day.

Congress is allocating $24,000,000,000 of new spending per day. That means Obama and Congress are taking around $80/day or $10/hour from working people.

(That's if every single human in the country worked. Due to age and other considerations, only around half do. So that's $20/hour of effective taxation for those that actually work.)

Since inauguration day, you've been sending $10-20/hour of your earnings to government. Feel like you're walking up a down escalator?

Now. Add to that a $3,600,000,000,000 proposed budget for 2010. That scales back the rate of spending to only around $10,000,000,000 per day, which works out to around $33/day per person, or $4/hour if we include the baby and the geezer.

Among actual working people, $8 of every hour you work goes to Mr. Obama and Ms. Pelosi.

Comments

[Torsten]

Yes, and I don't even have a vote in this, since I am merely a tax-paying alien. How was that about "no taxation without representation?"

[nick]

Welcome to my life in DC, Torsten.