Grandfather Government Spending Economic Report by MWHodges

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2020-08-05 22:47:17 -

QUESTION:
How much of our economy is controlled
by federal, state & local government ?
ANSWER:
$6.5 trillion, or 45% of our National Income
($20,719 per man, woman and child - or $82,876 per family of 4)
- the above control is by virtue of government spending

and, that does not count added economic control by
un-funded government-mandated regulatory compliance costs
of 14.9% of national income ($4,680 per person)

Therefore, government spending plus its mandated regulatory costs
means 60% of the economy is government-controlled,
amounting to $25,399 per person - incl. chiildren
https://grandfather-economic-report.com/mwhodges.htm

QUESTION: How much of our economy is controlled by federal, state & local government ? ANSWER: $6.5 trillion, or 45% of our National Income ($20,719 per man, woman and child - or $82,876 per family of 4) - the above control is by virtue of government spending and, that does not count added economic control by un-funded government-mandated regulatory compliance costs of 14.9% of national income ($4,680 per person) Therefore, government spending plus its mandated regulatory costs means 60% of the economy is government-controlled, amounting to $25,399 per person - incl. chiildren https://grandfather-economic-report.com/mwhodges.htm

GRANDFATHER-ECONOMIC-REPORT.COM

Grandfather Government Spending Economic Report by MWHodges

Nearly half our economy depends on government spending. I am concered for the economic future of our youth, compared to prior generations.

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