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Michael Snyder shows how large the US Government has become and why reeling it in would mean collapse

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Important Takeaways:

  • The United States Has The Biggest Government In The History Of The World By A Very Wide Margin
  • How does it feel to have the largest government that the planet has ever seen? When I was growing up, I was taught that we had a capitalist system and that we had a limited federal government.  Of course, neither of those things has been true for a very long time.  Today, the United States has the biggest government in the history of the world, and it gets even bigger with each passing year.  Running that gigantic government requires more money than we actually have, and so we are going into staggering amounts of debt.  But there is no way that our politicians will ever agree to reduce the size of the federal government to an appropriate size.  So we are stuck with this system until the day when it finally collapses.
  • Approximately 3 million people work directly for the federal government.
  • The federal government spent 6.13 trillion dollars in 2023. That figure is larger than the GDP of every nation on the entire planet except for the U.S. and China.
  • -More than 70 million Americans are on Social Security.
  • -More than 65 million Americans are on Medicare.
  • -More than 81 million Americans are on Medicaid.
  • -More than 41 million Americans are on food stamps.
  • Of course there are many more programs that hand out money to the population on a regular basis.
  • We have reached a stage where most U.S. households are at least partially dependent on the federal government.
  • We very much prefer not to call ourselves “socialists”, but that is precisely what we are. Sadly, if we attempted to go back to the way things were 100 years ago, most Americans would not know how to survive.
  • Since 1980, the size of the U.S. national debt has gone from 1 trillion dollars to 34 trillion dollars.
  • In fact, the size of the federal deficit in December was 52 percent larger than for the same month a year earlier…
    • The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays rose while receipts fell from December 2022 levels that were swelled by pandemic-deferred tax payments, the U.S. Treasury Department said on Thursday.
    • The Treasury said that outlays for December rose 3% to $559 billion, a December record, partly as a result of higher Social Security outlays and interest on the public debt. Receipts for the month fell 6% to $429 billion.
  • But for the moment, the talking heads on television continue to tell everyone that our leaders know exactly what they are doing, and millions of people actually believe that nonsense.

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