Government Spending & Debt

The cost of government in the US is $6.2 trillion or 40% of GDP. The federal government spends 23% of GDP; State governments spend 10% and local governments cost 11%.

The cost of the federal government has increased from $2.2 trillion to $4 trillion since 2000.  The federal debt has risen from $5 trillion to $18 trillion since 2000.

The 50 States in the US spend about $3 trillion a year; $1.5 trillion on State and $1.5 trillion on Local government.  Total State and Local debt is about $3 trillion. 

The total US Real GDP is $16.3 trillion.  http://www.multpl.com/us-gdp-inflation-adjusted/table

Georgia spends $81 billion a year and owes $56 billion. The total GDP of Georgia is $493.4 billion a year.

http://www.usgovernmentspending.com/compare_state_spending_2015mZ0g

We have 22 million federal, state and local government employees.

http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk

Government jobs are far more expensive to maintain than private sector jobs.  Salaries are higher and pensions are unsustainable.

We need more private sector jobs and we need to restore the free market, or we will not reverse our fiscal death spiral.

We have 102 million working age adults in the US who are without jobs. The number of working age Americans without a job has risen by 27 million since the year 2000.

http://rt.com/usa/156800-americans-economy-unemployed-work/

We have admitted 40 million immigrants to the US. The nation's immigrant population (legal and illegal) reached 40 million in 2010, the highest number in the nation's history. The nation's immigrant population has doubled since 1990, nearly tripled since 1980, and quadrupled since 1970, when it stood at 9.7 million.

http://cis.org/2000-2010-record-setting-decade-of-immigration

NAFTA started the US job loss trend in 1993 with about 1 million jobs lost. The 2008 Meltdown cost was another 2.6 million jobs.

http://www.huffingtonpost.com/2011/05/12/nafta-job-loss-trade-deficit-epi_n_859983.html

Conclusions:

Going forward, we need to close our borders and reduce all immigration. We need to close our trade gap with US oil and natural gas exports and increase production of everything else we can export. We need to remove unnecessary job killing regulations and shrink the cost of government, education and healthcare by returning all unconstitutional activities seized by government to the free market.

We need to stop UN Agenda 21 implementation in the US and reduce federal grants to states. We need to stop expanding public transit and remove all nonessential government spending. We need to reduce government debt at all levels. We need to avoid sovereign debt default.

Norb Leahy, Dunwoody GA Tea Party Leader