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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%Jan 23 4:00 PM EST
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To: koan who wrote (125540)12/1/2016 11:55:47 AM
From: louel2 Recommendations

Recommended By
Alias Shrugged
miraje

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The trouble with Big government is they take a dollar in taxes, 40% goes to government supporting the bureaucracy and 40% is returned to the people and the remaining 20% goes toward things you did not need in the first place.

The second thing is Government employees have higher wage & benefit packages than the people who generate the taxes th support them. And to compound the problem, majority of the workforce is employed directly or indirectly by Government.

Only Private businesses or their workers actually contribute to a Countries tax base. They produce a product deliver it for a profit. Part of which they submit in taxes.

On the other hand Government workers financially, really contribute nothing. They live by recirculation. They take their remuneration or wages out of the collected tax base pool, then a portion is deducted in the form of tax. but no matter how much they deduct, the pool from which it came is still smaller. Big Government and their workers survive like parasites on the backs of the private industries.

That is not to say some of it is not necessary. But in order to keep a Country financially secure there must be limits placed on the size of government otherwise it becomes top heavy with large debt and continual deficits leading to collapse.

I have always preferred the option of keeping a tight hold on available money supply. It promotes a much more efficient use of what is at hand. Choices are then distinguished between wants and actual Needs
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