So to review:
- The Postal Service was founded in 1775 and is on schedule to lose $7 billion this year (and $230 billion in the next decade unless drastic measures are taken).
- The Department of Education: Established in 1979 -- Currently administers "a budget of $63.7 billion in FY 2010 discretionary appropriations (including discretionary Pell Grant funding) and $96.8 billion in discretionary funding provided under the American Recovery and Reinvestment Act of 2009—and operates programs that touch on every area and level of education" yet somehow "schools across US grapple with closures" and, in California alone, "nearly 22,000 teachers have received pink slips".
- War on Drugs (technically) started in 1914 -- In Fiscal Year 2010, the President requests $15.1 billion to further the battle on the Drug War, but "U.S. federal, state and local governments have spent hundreds of billions of dollars trying to make America 'drug-free.' Yet heroin, cocaine, methamphetamine and other illicit drugs are cheaper, purer and easier to get than ever before. Nearly half a million people are behind bars on drug charges."
- We've been in conflict in Afghanistan (2001) and Iraq (2003) which has cost $970 billion dollars and about 5400 US casualties, with no end in sight.
- "These days it’s hard to open a newspaper without reading a tug-at-the-heart-strings story about state and local officials having to make the 'painful' decision to cut supposedly crucial government spending" and the federal government can't shell out money to these states fast enough. "Rep. George Miller (D-CA) has introduced a bill that would give state and local governments another $100 billion to prevent public sector job cuts."
- The Department of Housing and Urban Development was started in 1965 and "HUD's negative impact on the economy is far larger than its multibillion-dollar budget. HUD's policies played a key role in causing the housing boom and bust and then the recession in its wake. Weak lending standards on HUD-insured mortgage loans helped fuel risky non-prime lending. HUD also put pressure on banks and the failed housing giants Fannie Mae and Freddie Mac to make risky loans to underqualified borrowers. Thanks to those policies, Fannie and Freddie went bankrupt and already have received $112 billion in taxpayer bailouts."
- Defined-benefit pensions for public state employees are pushing cities and states into economic turmoil.
- And the National Debt is 12.6 TRILLION dollars.
I am just glad the government is more involved in my life now. I cannot think for myself or make my own decisions, so it is good that the government can take over that burden for me.
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