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
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
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