Mar 9, 2011

AMERICAN IDLE: 1/3 of U.S. Wages are for Non-working

clipped from www.cnbc.com

Welfare State: Handouts Make Up One-Third of U.S. Wages

Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.
“The U.S. economy has become alarmingly dependent on government stimulus,”
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