ANOTHER OBAMA RECORD… Social Welfare Benefits Now Make Up 35% of US Wages & Salaries

Discussion in 'Politics' started by TheSeeker, Mar 8, 2011.

  1. TheSeeker
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    TheSeeker Member

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    Another Obama Record!

    Government handouts now make up 35% of American wages and salaries.
    CNBC reported:

     
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  2. TheSeeker
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    TheSeeker Member

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    Bump...because I can't believe no one cares about this!!??
     
  3. Steve Hanson
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    Steve Hanson Active Member

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    I care. This is sick and disgusting. Stealing this for another site too.
     
  4. LordBrownTrout
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    LordBrownTrout Gold Member

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    I care. It's sickening. If we don't reverse real soon, we're done.
     
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  5. TheSeeker
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    TheSeeker Member

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    LOL.....Dude!

    I know Dave Hanson.....he's the rink manager at a skating rink I skate at near Pittsburgh!!
     
  6. 8537
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    8537 Senior Member

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    During a recession, incomes decline and expenses related to the safety net go up. Add in the first wave of baby-boomer retirements and the absurdity we call "Medicare Part D" and this finding really shouldn't be surprising.
     
  7. Steve Hanson
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    Steve Hanson Active Member

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    Cool, They were great characters.
     
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  8. Avorysuds
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    Avorysuds Gold Member

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    But it all looked so good on paper... Now if every President runs the country JUST LIKE me, no wars, no economy shifts, no nothing different.... America's will never have to work and still be rich!
     
  9. TheSeeker
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    TheSeeker Member

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    Or maybe Bush was right all along....stimulate the "evil rich" to get people back to work and you'd see this number drop as well as increasing government revenues at the same time.
     
  10. 8537
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    8537 Senior Member

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    Bush cut taxes in 2001. Real federal revenues declined and didn't reach 2000 levels until 2006.

    The economy lost jobs consistently for over four years during his term.
     

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