July 12, 2003

Forget about tax freedom day, what really makes a difference for our long term prosperity is cost of government day:

Today, July 11, is this year's "Cost of Government Day," the date in the calendar year when the average American worker has earned enough money to pay off his or her share of the burdens of government at all levels. Cost of Government Day falls five days later in 2003 than it did in 2002 .. This year is the third year in a row that there's been a Cost of Government Day increase, and the average American worker needed 17 additional days this year to pay for the cost of government than that worker did in 2000. .. [indeed] the increases of the past three-years have nearly wiped all the cost-declines achieved since 1992.
Posted by Greg Ransom