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The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans' income is now coming in the form of a federal or state check or voucher.
Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter of 2009, the Bureau of Economic Analysis reports. That's the highest percentage since the government began compiling records in 1929.
In all, government spending on benefits will top $2 trillion in 2009 an average of $17,000 provided to each U.S. household, federal data show. Benefits rose at a 19% annual rate in the first quarter compared to the last three months of 2008.
Benefit spending soars to new high - USATODAY.com
The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans' income is now coming in the form of a federal or state check or voucher.
Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter of 2009, the Bureau of Economic Analysis reports. That's the highest percentage since the government began compiling records in 1929.
In all, government spending on benefits will top $2 trillion in 2009 an average of $17,000 provided to each U.S. household, federal data show. Benefits rose at a 19% annual rate in the first quarter compared to the last three months of 2008.
Well, who would've thought that? Americans are now more dependent on the government than ever before.
Economic freedom is rapidly becoming old-fashioned it seems.
Yeah, "free" until the Chinese get tired of lending us "money".Benefit spending soars to new high - USATODAY.com
The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans' income is now coming in the form of a federal or state check or voucher.
Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter of 2009, the Bureau of Economic Analysis reports. That's the highest percentage since the government began compiling records in 1929.
In all, government spending on benefits will top $2 trillion in 2009 — an average of $17,000 provided to each U.S. household, federal data show. Benefits rose at a 19% annual rate in the first quarter compared to the last three months of 2008.
Well, who would've thought that? Americans are now more dependent on the government than ever before.
Economic freedom is rapidly becoming old-fashioned it seems.
No worries--Obama's volunteer corps will fix everything for free.
The government does not have a business that earns money. The only way they can get money is to either tax the public, or print money without any gold standard to back it up, or borrow from foreign countries. That is what is happening today. The government is taxing the population to pay for these socialistic programs and is printing and borrowing money that it can't possibly hope to pay for. Is that what you are supporting? If so, you are one real dumb ass just like most blind liberals. Do you have a budget at your home? How far in debt are you, and if you are in debt, how do you expect to get out of debt? Oh, you will just let your kids inherit it, huh? Well, that is the irrational an irresponsible mindset and action that our present Obama led government is heaping onto the American people.Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
HOORAY... HOORAY... WE'RE MORE LIKE COMMUNISTS EVERY DAY... HOORAY!...
Some of the shit people say on here... really makes my stomach turn.
Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
It is fascinating how the liberal mind will worry over giving up basic American freedoms in the name of national security, but in the same moment, argue for giving up many of those same freedoms in the name of "government assistance".
Thomas Jefferson would be terribly dissapointed with your inarticulate attempt at big government rationalization...
A government big enough to give you everything you want is strong enough to take from you everything you have.
The liberal mind seems to think that money comes from a government source that we don't know about. I would really like to bitch slap every liberal into realization that the money our government spends comes directly from the pockets of the American people that it says it represents, or it is borrowed from foreign countries, or is printed without legal authority to do so.
Richest government in the world?Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
HOORAY... HOORAY... WE'RE MORE LIKE COMMUNISTS EVERY DAY... HOORAY!...
Some of the shit people say on here... really makes my stomach turn.
That you would let people starve to death in a shitty ass economy rather than *gasp* the richest government in the world help them is fucking disgusting.
Richest government in the world?HOORAY... HOORAY... WE'RE MORE LIKE COMMUNISTS EVERY DAY... HOORAY!...
Some of the shit people say on here... really makes my stomach turn.
That you would let people starve to death in a shitty ass economy rather than *gasp* the richest government in the world help them is fucking disgusting.
You're kidding, right?
"Probably both are true"?Richest government in the world?That you would let people starve to death in a shitty ass economy rather than *gasp* the richest government in the world help them is fucking disgusting.
You're kidding, right?
Well I meant country, but regardless probably both are true.
To be exact, the Debt now stands at $11,033,157,578,669.78.
You know you have a point but hey if the government/congress and law enforcement refuses to insure protection to the people they represent this is where it is headed or worse. Actually we are already there.Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
HOORAY... HOORAY... WE'RE MORE LIKE COMMUNISTS EVERY DAY... HOORAY!...
Some of the shit people say on here... really makes my stomach turn.
Much MUCH greater than in 1929.
In '29 there was no unemployment insurance, no social security, no heating assistance, no welfare, no food stamps, either.
In the years following '29 whole cities of displaced unemployed indigent people living in tents and shacks sprang up. There were hundreds of these canvas and tin slums and millions of Americans living in them
They were call Hoovervilles.
Damned right Americans are more reliant on our government and hat's off to the government for being there for them, too.
HOORAY... HOORAY... WE'RE MORE LIKE COMMUNISTS EVERY DAY... HOORAY!...
Some of the shit people say on here... really makes my stomach turn.
That you would let people starve to death in a shitty ass economy rather than *gasp* the richest government in the world help them is fucking disgusting.
