This article analyzes the big government burden on economy and country’s finances, in the light of the experience of 1958 recession. Spells out the enormously adverse effects of direct and indirect taxes and sovereign debt on take home money. Highlights the reason why people are taking home less and less money after ever increasing payroll deductions. Makes it very clear that the continuous decrease in take home money is not coming out of thin air. It is a direct result of bigger government and its enormously ballooning debt.