Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year . . .
At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. . . .
At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. . . .
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The result is a major shift in the source of personal income from private wages to government programs.
Keep it up, and you know what we get? An ever-expanding government, a growing deficit (because private taxpayers can't subsidize all the government growth), and an entitled, needy, dependent population.
Not exactly what our Founding Fathers had in mind.
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