Wednesday, October 2, 2013

From 1970 to 2010, Federal Spending Grew Nearly 12 Times Faster than Median Income...


When federal spending grows faster than Americans' paychecks, the burden of government on taxpayers becomes greater. 

Over the past four decades, median-income Americans' earnings have risen only +24%, while spending has increased +288%!

PERCENT CHANGE IN INFLATION-ADJUSTED DOLLARS (2012)
Federal Spending Grew Nearly 12 Times Faster than Median Income
Sources: U.S. Census Bureau and Office of Management and Budget.


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