Published on Apr 25, 2013
Answering the question in the title, this video shatters all the corporate-media diversionary clutter and double-talk about "the economy". This is the real story. Comprehensible and short. No sugar-coating. Why and how it matters to YOU in a big way. This clearly explains you why you will NEVER get ahead until there are major changes made in the way your government takes, spends and manages your money. Included: How to fix it.
If you are looking for a group where you can become part of the solutions in the video look for Libertarian groups, Occupy groups, Constitutional supporters, Freedom & Rights groups, Common Law groups, Judicial reform groups, off-grid and self-sufficiency groups and true sovereign movements and mentors (true sovereigns are not racist, violent or hate-based. A sovereign is simply one who sees him or herself as one who is the master of what affects him or her, responsible for how he or she affects others and who believes in the right to be left alone if he or she is not under complaint of harm to others).
Comments on this video are screened. Either support or challenge the points, but haters and off-point commenters need not bother. Intelligent and respectful comments are welcome.
Government figures used to calculate the figures in the video:
Government accounting statistics and figures are taken from various local, regional, state and Federal government sources for 2013.
Federal Outlays: 3.685 trillion / 200 million taxpayers, $18,425 per taxpayer. Not counted as taxpayers are those who pay no income tax, pay little in property, sales and excise taxes or who receive government benefits in excess of their taxes.
Calif. State Outlays: $145 billion / 38 million residents, $3,816 per taxpayer.
Los Angeles County Outlays: $24 billion / 9.8 million residents, $2,449 per taxpayer.
Los Angeles City Outlays: 7.2 billion / 3.8 million residents, $1,895 per taxpayer.
Total outlay burden per taxpayer combining Fed, state and local taxes: $26,585.
National average income per household: $48,000 / 2.2 taxpayers per household, average income per taxpayer $21,818.
National debt: $16 trillion / 200 million taxpayers, $80,000 of debt per taxpayer.