Skip to comments.Since 2000 Average Salaries Up 44%, While Gov Spending Up 112%
Posted on 12/22/2012 7:32:38 AM PST by Kaslin
Since 2000, how much has your average hourly wage gone up?
If you are in the upper crust, the answer may be staggering. If not, perhaps the following chart more closely resembles your experience.
Average Hourly Earnings 2000-2012
Just the Facts Ma'am
Bear in mind, those are averages. Don't be surprised if you are much worse off because of distributional skew (huge wage increases at the high end pull the average up).
Moreover, the above chart does not reflect sales taxes, property taxes, state income taxes, gasoline taxes, fees, etc., all of which are way higher now than in 2000. In other words, the chart reflects average hourly wages, not spendable income.
Actual spendable income is up far less than 44%.
It's a peculiar thing how the CPI does not properly account for tax hikes.
While pondering those thoughts, please consider federal spending.
The following table will show the purported "revenue problem" in Congress, is without a doubt really an "out of control spending problem".
|Department||2000||2012 estimate||Percentage Increase|
|Department of Agriculture||75,071||150,680||100.72|
|Department of Commerce||7,788||11,326||45.43|
|Department of Defense--Military Programs||281,028||688,254||144.91|
|Department of Education||33,476||98,467||194.14|
|Department of Energy||14,971||38,998||160.49|
|Department of Health and Human Services||382,311||871,836||128.04|
|Department of Homeland Security||13,159||60,443||359.33|
|Department of Housing and Urban Development||30,781||56,788||84.49|
|Department of the Interior||7,998||11,241||40.55|
|Department of Justice||16,846||34,556||105.13|
|Department of Labor||31,873||127,157||298.95|
|Department of State||6,687||29,937||347.69|
|Department of Transportation||41,555||84,135||102.47|
|Department of the Treasury||390,524||579,618||48.42|
|Department of Veterans Affairs||47,044||129,186||174.61|
|Corps of Engineers--Civil Works||4,229||9,184||117.17|
|Other Defense Civil Programs||32,801||51,991||58.50|
|Environmental Protection Agency||7,223||9,352||29.48|
|Executive Office of the President||283||414||46.29|
|General Services Administration||74||1,083||1363.51|
|International Assistance Programs||12,087||25,554||111.42|
|National Aeronautics and Space Administration||13,428||17,637||31.34|
|National Science Foundation||3,448||8,281||140.17|
|Office of Personnel Management||48,655||87,462||79.76|
|Small Business Administration||-421||3,157|
|Social Security Administration (On-Budget)||45,121||188,552||317.88|
|Social Security Administration (Off-Budget)||396,169||638,509||61.17|
|Other Independent Agencies (On-Budget)||8,803||53,199||504.33|
|Other Independent Agencies (Off-Budget)||2,029||-5,120|
|Undistributed Offsetting Receipts||-173,019||-279,289||61.42|
What a joke....Millions are making zip....Oops...guess they forgot to mention that.
I would like to know where these number came from. My income has dropped 36% since 2000.
Salaries up, but less than by the drop in the value of the dollar...
But look at the spending. Now that is really up
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