- Capital Flow Watch - http://capital-flow-analysis.com/capital-flow-watch -

Cost of State and Local Government Escalates: 2001-2005

Posted By John Schroy On 2nd March 2006 @ 22:19 In Municipals, Individual Investors, Government Officials | Comments Disabled

Federal Reserve flow of funds [1] table F105 shows that the cost of state and local government to citizens has been steadily escalating over the last five years.

Taxes and other receipts of state and local government increased 2.7% in 2002, 5.5% in 2003, 6.2% in 2004, and 6.7% in 2005.

Most state and local government are not allowed to run a fiscal deficit and increases in expenses are passed on to citizens as higher taxes and other receipts.

The government, in calculating the Consumer Price Index, does not include the cost of increased taxes.

The rising cost of state and local government is an example of ‘hidden’ inflation. (See: [2] Fiddling the CPI)

Federal Reserve flow of funds table F105 does not include the cost of retirement funds for government employees and therefore inflation of state and local government costs is probably greater.

(See: [3] Consequences: Rising Home Values, Land Costs, and Pension Benefits.)

Tags: [4] consumer price index, [5] government employees, [6] inflation, [7] municipal government, [8] pension benefits, [9] retirement funds, [10] taxation
Bookmark and share this article:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • [11] blinkbits
  • [12] BlinkList
  • [13] blogmarks
  • [14] co.mments
  • [15] connotea
  • [16] del.icio.us
  • [17] De.lirio.us
  • [18] digg
  • [19] Fark
  • [20] feedmelinks
  • [21] Furl
  • [22] LinkaGoGo
  • [23] Ma.gnolia
  • [24] NewsVine
  • [25] Netvouz
  • [26] RawSugar
  • [27] Reddit
  • [28] scuttle
  • [29] Shadows
  • [30] Simpy
  • [31] Smarking
  • [32] Spurl
  • [33] TailRank
  • [34] Wists
  • [35] YahooMyWeb

Article printed from Capital Flow Watch: http://capital-flow-analysis.com/capital-flow-watch

URL to article: http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html

URLs in this post:
[1] table F105: http://capital-flow-analysis.info/flow-of-funds/F105.htm
[2] Fiddling the CPI: http://capital-flow-analysis.info/investment-essays/fiddling_cpi.html
[3] Consequences: Rising Home Values, Land Costs, and Pension Benefits: http://capital-flow-analysis.info/capital-flow-watch/archives/94
[4] consumer price index: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=consumer-price-index
[5] government employees: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=government-employees
[6] inflation: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=inflation
[7] municipal government: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=municipal-government
[8] pension benefits: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=pension-benefits
[9] retirement funds: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=retirement-funds
[10] taxation: http://capital-flow-analysis.com/capital-flow-watch/index.php?tag=taxation
[11] Image: http://www.blinkbits.com/bookmarklets/save.php?v=1&source_url=http://capital-flow-analysis.com/c
apital-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005&body=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[12] Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Description=&Url=http://capital
-flow-analysis.com/capital-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html&Title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[13] Image: http://blogmarks.net/my/new.php?mini=1&simple=1&url=http://capital-flow-analysis.com/capital
-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[14] Image: http://co.mments.com/track?url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-and
-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[15] Image: http://www.connotea.org/addpopup?continue=confirm&uri=http://capital-flow-analysis.com/capital-f
low-watch/cost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[16] Image: http://del.icio.us/post?url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-and-lo
cal-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[17] Image: http://de.lirio.us/rubric/post?uri=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state
-and-local-government-escalates-2001-2005.html;title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005;when_done=go_back
[18] Image: http://digg.com/submit?phase=2&url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-s
tate-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[19] Image: http://cgi.fark.com/cgi/fark/edit.pl?new_url=http://capital-flow-analysis.com/capital-flow-watch/cos
t-of-state-and-local-government-escalates-2001-2005.html&new_comment=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005&new_comment=http%3A%2F%2Fcapital-flow-analysis.com%2Fcapital-flow-watch&linktype=Misc
[20] Image: http://feedmelinks.com/categorize?from=toolbar&op=submit&url=http://capital-flow-analysis.co
m/capital-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html&name=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[21] Image: http://www.furl.net/storeIt.jsp?u=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-
and-local-government-escalates-2001-2005.html&t=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[22] Image: http://www.linkagogo.com/go/AddNoPopup?url=http://capital-flow-analysis.com/capital-flow-watch/cost-
of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[23] Image: http://ma.gnolia.com/beta/bookmarklet/add?url=http://capital-flow-analysis.com/capital-flow-watch/co
st-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005&description=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[24] Image: http://www.newsvine.com/_tools/seed&save?u=http://capital-flow-analysis.com/capital-flow-watch/c
ost-of-state-and-local-government-escalates-2001-2005.html&h=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[25] Image: http://www.netvouz.com/action/submitBookmark?url=http://capital-flow-analysis.com/capital-flow-watch
/cost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005&description=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[26] Image: http://www.rawsugar.com/tagger/?turl=http://capital-flow-analysis.com/capital-flow-watch/cost-of-sta
te-and-local-government-escalates-2001-2005.html&tttl=TITTLE
[27] Image: http://reddit.com/submit?url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-and-l
ocal-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[28] Image: http://www.scuttle.org/bookmarks.php/maxpower?action=add&address=http://capital-flow-analysis.co
m/capital-flow-watch/cost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005&description=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[29] Image: http://www.shadows.com/features/tcr.htm?url=http://capital-flow-analysis.com/capital-flow-watch/cost
-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[30] Image: http://www.simpy.com/simpy/LinkAdd.do?href=http://capital-flow-analysis.com/capital-flow-watch/cost-
of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[31] Image: http://smarking.com/editbookmark/?url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-st
ate-and-local-government-escalates-2001-2005.html&description=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[32] Image: http://www.spurl.net/spurl.php?url=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state
-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[33] Image: http://tailrank.com/share/?text=&link_href=http://capital-flow-analysis.com/capital-flow-watch/c
ost-of-state-and-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[34] Image: http://wists.com/r.php?c=&r=http://capital-flow-analysis.com/capital-flow-watch/cost-of-state-an
d-local-government-escalates-2001-2005.html&title=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005
[35] Image: http://myweb2.search.yahoo.com/myresults/bookmarklet?u=http://capital-flow-analysis.com/capital-flow
-watch/cost-of-state-and-local-government-escalates-2001-2005.html&=Cost+of+State+and+Local+Government+Escalates%3A+2001-2005

Click here to print.