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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: calgal who wrote (127826)2/18/2001 1:12:03 PM
From: Aggie  Respond to of 769670
 
Westi, Thanks for the post.

Agreed. We must continue insisting our leaders be fiscally responsible. Too much of our GDP goes to paying off interest on the debt, what a waste of money that is. A spending cut and tax cut is what is required reset this runaway machine to get Americans used to the (nostalgic, quaint) notion that government's place in our lives should always be limited.

And now, for those of you who think the system is functioning well, some interesting statistics:

dismal.com

1999 Poverty Rate:
Washington DC was #8, at 14.9%, just below
Texas (#7, 15%) and just above
Arkansas (#9, 14.7%).

1999 Per Capita Income:
Washington DC was #1 at $39.9K,
Connecticut was #2, and
Massachusetts was #3.

Q3 2000 Estimated Yearly Wages:
Washington DC #1 at $58.95K
Connecticut was #2 at $46.21K
New York was #3 at $44.68K
Texas was #16 at $36.27K, a difference to DC of $22.68K or 38.5% less.

Put another way, the Yearly Wage Index (where the entire US averages to 100) puts DC (#1) at 161.6, Connecticut (#2) at 126.7, New York (#3) at 122.5, and Texas (#16) at 99.4. So, out of 50 states, only around 15 are above average in terms of income.

1999 Per Capita Taxes
#1 Connecticut, with $7603
#2 DC, with $6953
#3 Massachusetts, with $6257

..and so forth - the top 20 puts you below $4000, the lowest is around $2200.

Folks, this paints a picture, eh? Here is our country's capital, high up on the poverty list, which nevertheless has by far the highest Per Capita Income and Estimated Yearly Wage of any state - and a full 26.5% higher than the #2 runner up. And yet is #2 in tax payments.

And where do you think this money comes from? Can anybody post the link to show us the percentage of citizens in DC who are government employees?

Keep asking questions and demanding answers,

Aggie