Topic: Any Economic' professors here,,or Accountants
no photo
Sun 09/25/11 08:47 PM
ANY ACCOUNTANTS ON HERE?,,I am wondering WHY,,our United States Government could not adopt a NEW way of doing some of their functions with the Gov.,,,LIKE,,,why can't they have a non-profit entity to their paying out to ALL TH GOV. EMPLOYEES AND DEPARTMENTS THEY OPERATE? and THEN,,however they sit that into motion,,,ALSO have each STATE GOVERNMENT act in that SAME for all of its workers and employees,,,,,BY DOING THAT,,,,ALL COULD BE AS MORE,,,ONE ORGANIZATION AS THEY ALL WOULD OPERATE THAT SAME...Then,,the rest to the funds coming in and going out,,could all have this shelter as a relief for them to be within,,a umbrilla per say to conduct their structure of Gov. within...THAT would allow them then,,to increase their over-sight as to where it goes out and in..ALSO this would or should allow them to more manage their other departments of Gov..without THAT part of them,,,having to justify alocated funding and Social Securitymonies,,all seperate of their employeee monies payrolls?

We have grown so large as a nation as to when our Constitution was drawn out,,,THIS is a legal system already adopted within the USA,,why then can't the GOV. use this for PART of all it does?

s1owhand's photo
Sun 09/25/11 09:09 PM
OK T.

US Govt payroll is ~$15 Billion/yr.

Annual Healthcare cost for US is ~$2.5 Trillion/yr.

http://www2.census.gov/govs/apes/09fedfun.pdf
https://www.cms.gov/nationalhealthexpenddata/02_nationalhealthaccountshistorical.asp

Now here is the economics.

Our Health care system is extremely inefficient and is about
twice the per capita expense of all other developed countries.
This is why Obama has pushed health care reform.

If we fired EVERY SINGLE US Federal employee tomorrow then
we could "save" (theoretically) $15 billion a year - although
we'd have no government at the federal level.

On the other hand, if we were to simply get our health care
expenditures down to about the same level on a per person basis
as every other developed country we could save about $1.25 trillion
a year. Yep. That would be $1250 billion a year - that's right
about 83 TIMES the total annual federal labor cost.

Of course we cannot fire everybody but there still might be a
lot of wasteful federal jobs...say 20% or 1 out of 5 federal
employees is really useless. Then elimination of 20% of the
federal payroll would be a savings of only $3 billion a year
which is only 2.4% of the $1250 billion which could be saved
by improving our health care costs.

So...Why worry about an ant in the garden when there is
an elephant in the living room?

Improving the efficiency of the federal govt is always a good
idea and we should always try to eliminate wasteful spending
but we need to attack the big problems first. Only makes sense.

no photo
Sun 09/25/11 09:56 PM
I just tried to do a quick check on some numbers,,and If we have 14.6 million federal employees and IF each state also adopted this way,,,your talking about some really large figures here,,over-all?
And would not this unity give each state a means to make their operating costs NOT a part of our deficit issues,,,
WE the USA,,have given this world their ways and means to operate their finances,,in many ways,,,,as many our NOW failing,,if we lead this Country in a new form of departmental strategies of doing Gov.
and adopt it into that,,,it might also be a means to help save many other nations from bankruptcy?,,,
I really can't understand the ways we have to keep a public record of the Gov. monies in or out,,,,as forever we just have or use this invisible amounts of monies to throw around,,,yet we now have BAD EVERYTHING as,,in water, air, food highways,,and Heath care costs..
There should be a way to provide ITS INTIRE WORK FORCE TO BE EXEMP FROM US HAVING TO SHOW THAT AS MONIES ALSO TAKEN IN,,,? hell I don't do this as a side line of work or anything,,and have never taken the time to dig and research everything involved,,,but LOL<SOMEONE sure does need to...

msharmony's photo
Sun 09/25/11 11:32 PM

OK T.

US Govt payroll is ~$15 Billion/yr.

Annual Healthcare cost for US is ~$2.5 Trillion/yr.

http://www2.census.gov/govs/apes/09fedfun.pdf
https://www.cms.gov/nationalhealthexpenddata/02_nationalhealthaccountshistorical.asp

Now here is the economics.

Our Health care system is extremely inefficient and is about
twice the per capita expense of all other developed countries.
This is why Obama has pushed health care reform.

If we fired EVERY SINGLE US Federal employee tomorrow then
we could "save" (theoretically) $15 billion a year - although
we'd have no government at the federal level.

On the other hand, if we were to simply get our health care
expenditures down to about the same level on a per person basis
as every other developed country we could save about $1.25 trillion
a year. Yep. That would be $1250 billion a year - that's right
about 83 TIMES the total annual federal labor cost.

Of course we cannot fire everybody but there still might be a
lot of wasteful federal jobs...say 20% or 1 out of 5 federal
employees is really useless. Then elimination of 20% of the
federal payroll would be a savings of only $3 billion a year
which is only 2.4% of the $1250 billion which could be saved
by improving our health care costs.

So...Why worry about an ant in the garden when there is
an elephant in the living room?

Improving the efficiency of the federal govt is always a good
idea and we should always try to eliminate wasteful spending
but we need to attack the big problems first. Only makes sense.



My moms CAREER Was in finance and accounting. She has expressed this same opinion many times.

jrbogie's photo
Mon 09/26/11 05:09 AM

ANY ACCOUNTANTS ON HERE?,,I am wondering WHY,,our United States Government could not adopt a NEW way of doing some of their functions with the Gov.,,,LIKE,,,why can't they have a non-profit entity to their paying out to ALL TH GOV. EMPLOYEES AND DEPARTMENTS THEY OPERATE? and THEN,,however they sit that into motion,,,ALSO have each STATE GOVERNMENT act in that SAME for all of its workers and employees,,,,,BY DOING THAT,,,,ALL COULD BE AS MORE,,,ONE ORGANIZATION AS THEY ALL WOULD OPERATE THAT SAME...Then,,the rest to the funds coming in and going out,,could all have this shelter as a relief for them to be within,,a umbrilla per say to conduct their structure of Gov. within...THAT would allow them then,,to increase their over-sight as to where it goes out and in..ALSO this would or should allow them to more manage their other departments of Gov..without THAT part of them,,,having to justify alocated funding and Social Securitymonies,,all seperate of their employeee monies payrolls?

We have grown so large as a nation as to when our Constitution was drawn out,,,THIS is a legal system already adopted within the USA,,why then can't the GOV. use this for PART of all it does?


don't have to be much of an accountant to realize that continued deficit spending is the issue. and what's the constitution have to do with it anyway?

s1owhand's photo
Mon 09/26/11 06:05 AM


OK T.

US Govt payroll is ~$15 Billion/yr.

Annual Healthcare cost for US is ~$2.5 Trillion/yr.

http://www2.census.gov/govs/apes/09fedfun.pdf
https://www.cms.gov/nationalhealthexpenddata/02_nationalhealthaccountshistorical.asp

Now here is the economics.

Our Health care system is extremely inefficient and is about
twice the per capita expense of all other developed countries.
This is why Obama has pushed health care reform.

If we fired EVERY SINGLE US Federal employee tomorrow then
we could "save" (theoretically) $15 billion a year - although
we'd have no government at the federal level.

On the other hand, if we were to simply get our health care
expenditures down to about the same level on a per person basis
as every other developed country we could save about $1.25 trillion
a year. Yep. That would be $1250 billion a year - that's right
about 83 TIMES the total annual federal labor cost.

Of course we cannot fire everybody but there still might be a
lot of wasteful federal jobs...say 20% or 1 out of 5 federal
employees is really useless. Then elimination of 20% of the
federal payroll would be a savings of only $3 billion a year
which is only 2.4% of the $1250 billion which could be saved
by improving our health care costs.

So...Why worry about an ant in the garden when there is
an elephant in the living room?

Improving the efficiency of the federal govt is always a good
idea and we should always try to eliminate wasteful spending
but we need to attack the big problems first. Only makes sense.



My moms CAREER Was in finance and accounting. She has expressed this same opinion many times.


:wink:

Mama knows best.

bigsmile

no photo
Mon 09/26/11 10:00 AM
"Saving" all that money for the Koch Brothers and the Walton family. Making sure it doesn't get to normal people. Doesn't take an accountant to see that Government spending is not waste if it puts money in the pockets of consumers like it did in the 50s, 60s and 70s. It helps keep the economy circulating. We've cut taxes for the so called "job-creators" to the lowest level in 60 years, and what do we have for it? We are now in the second dip of our double-dip depression. Way to go, righties. You're doing a bang-up job.

Peccy's photo
Mon 09/26/11 01:47 PM

"Saving" all that money for the Koch Brothers and the Walton family. Making sure it doesn't get to normal people. Doesn't take an accountant to see that Government spending is not waste if it puts money in the pockets of consumers like it did in the 50s, 60s and 70s. It helps keep the economy circulating. We've cut taxes for the so called "job-creators" to the lowest level in 60 years, and what do we have for it? We are now in the second dip of our double-dip depression. Way to go, righties. You're doing a bang-up job.
LOL...............yer funny artie! Always blaming someone else! I used to do that too.........think I was in 1st or 2nd grade, but that was before I learned that blaming people and complaining was useless and not to mention annoying! (This message has not been sponsored by the right or left)

no photo
Mon 09/26/11 02:32 PM
OL...............yer funny artie! Always blaming someone else!


I guess I'm all wrong. Nobody is to blame for anything. Everybody is doing all the right things. This stuff just "happens". Nobody is responsible for anything.

If I were responsible for our fiscal mess, I wouldn't want to see blame being assessed either.

Dragoness's photo
Mon 09/26/11 02:40 PM
Agreeing with Slow.

Art, blame is a dead end if all we do is blame and never try to fix the problem.

Voting Dem is a way to fix the problem if and only if the Dems do what they are suppose to do.

Voting Republican is how we destroy our country, at least with this bunch we have had for a while now.

Peccy's photo
Mon 09/26/11 04:10 PM
Not saying who is or isn't responsible, just getting tired of seeing you play this bipartisan blame game. It can't be the left, it can't be the right.........well it's both. And the sooner people wake up and see this bipartisan junk is only used as a means to divide, (it always has been) the sooner we can fix this.

Dragoness's photo
Mon 09/26/11 04:17 PM
lol but you did say "who is or isn't responsible"

no photo
Mon 09/26/11 06:12 PM
Edited by artlo on Mon 09/26/11 06:37 PM
To quote Jim Hightower, "There's Nothing in the Middle of the Road but Yellow Stripes and Dead Armadillos". It seems pointless to me to be on these discussion boards for people who don't have a point of view. I know I don't get much out of reading their posts.

Peccy's photo
Wed 09/28/11 10:17 AM
No one is forcing you to read or comment. That's your doing. And I have a point of view, it's just not leaning far enough left for you to recognize in your narrow field of view.