Very few people (including members of Congress) actually grasp
numbers involved in federal budget. The total net "economy" of United States is about $9.25 trillion. That represents total production, sales, purchase and consumption in United States in 2003, according to estimates provided by CIA.
Government is single biggest industry in United States, both federal and combined state governments.
The business of United States isn't business - it is legislation. And quite frankly, they do a terrible job at it.
There is more money wasted each year by our federal government alone to fund a second Defense Department or to cut personal taxes by 25 percent across board.
In addition, hundreds of billions of dollars are given to corporations by way of contracts, which could be reclaimed by forcing our government institutions to implement fair contracting practices.
The Congressional Budget Office has issued warnings about dangers that lie ahead if our politicians continue to spend in this manner. Unfortunately, nobody is listening.
Who are we hurting by this outrageous spending? We are hurting our children, our grandchildren and who knows how many future generations of Americans. And for what? So our politicians can go home in an election year and brag about how they have been able to bring home bacon. Or so we can be sure special interests are happy.
