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Recovery? Half of American Households Living on Government Benefits

FlamingLiberalMultiCulturalist Wrote: May 28, 2012 12:43 AM

Note the refereence to EMPLOYEE CONTRIBUTIONS. Not that these 'employee contributions' are a moral necessity for collecting unemployment compensation. Just as the moral philosophers who run our businesses will pass new costs (like taxes) onto the comsumer, so do employer contributions to unemployment insuance reduce employee wages. Anyhow, here in PA I DID INDEED pay into the UC fund.

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FlamingLiberalMultiCulturalist Wrote: May 28, 2012 12:51 AM

I'm pretty sure, I read someplace, that in some states only employers pay in.

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Recovery? Half of American Households Living on Government Benefits

Some astoundingly grim news on the "economic recovery" front: half of American households are receiving government funds to support themselves. No matter which way you slice it, this number isn't good news for the Obama administration -- they can spin the jobs numbers by ignoring the number of people who dropped out of the workforce, but this statistic is pretty straightforward.

The 49.1% of the population in a household that gets benefits is up from 30% in the early 1980s and 44.4% as recently as the third quarter of 2008.

The increase in recent years is...

Related Tags: Welfare Deficit Entitlement Programs Jobs and Economy Recovery