Oct 052010
As we continue to ratchet to ruin, government does all it can to hide the dire condition of the country. The chart below shows that over 20% of personal income comes from government. That is a staggering statistic, much more significant than the number indicates. The number suggests 20% of people are on government assistance. In reality, the percentage of people receiving government assistance probably approaches 50% because of the income distribution in this or any country.
More important, however, is the implication of this fact. Government has no income or means of generating any. Anything it provides it has first taken from you and your grandchildren.
Things are getting worse by the day.
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