Wehrwolfen
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When Work Is Punished: The Tragedy Of America's Welfare State
By: Tyler Durden
11/27/2012
In Entitlement America, The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year. But perhaps the scariest chart in the entire presentation is the following summarizing the unsustainable welfare burden on current taxpayers:
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For every 1.65 employed persons in the private sector, 1 person receives welfare assistance.
For every 1.25 employed persons in the private sector, 1 person receives welfare assistance or works for the government.
The punchline: 110 million privately employed workers; 88 million welfare recipients and government workers and rising rapidly.
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(Excerpt)
Read more:
When Work Is Punished: The Tragedy Of America's Welfare State | ZeroHedge
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