Monday, March 1, 2010

Record Levels Of Welfare, Unemployment And Other Government Benefits

See: American reliance on government at all-time high

Without record levels of welfare, unemployment and other government benefits as well as tax cuts last year, the income of U.S. households would have plunged by an astonishing $723 billion — more than four times the record $167 billion drop reported last month by the Commerce Department.

Moreover, for the first time since the Great Depression, Americans took more aid from the government than they paid in taxes.

[emphaisis is mine]

All of that is paid for somewhere. Watch your wallet.

Fun times ahead.
Posted by at
Labels: , , , , , , , , , ,

1 comment:

  1. soxfan4lifeWednesday, March 3, 2010 at 4:04:00 AM PST

    Moreover, for the first time since the Great Depression, Americans took more aid from the government than they paid in taxes.

    Stories like this never end well

    ReplyDelete

By submitting your comments, you agree that you alone are responsible for their content. I reserve the right to remove comments I deem offensive or inappropriate, at my discretion.

Threatening, abusive and illegal comments may be reported to the proper authorities. Don't be stupid. If the CIA, FBI or the Secret Service knocks on my door and asks questions about you, I will rat you out in seconds. (Sooner if I call them about you.)

Comments made below will be subject to public viewing.

Comments are subject to moderation.

It is an unfortunate fact of life that there are people out there in the wilds of the Internet that think it cute to post racist and Nazi garbage on other peoples websites. Some of these thugs are even enabled by people who should know better. In my opinion, both the thugs and their enablers are worse than spammers.

I have recently made enemies with a particular group of these people who have done just that on another website. I don't intend to make it easy for them to do that to me.

In light of that, comment moderation will be used here on this humble and very obscure little blog.

I will check in several times each day to approve appropriate comments.

For the most part, I will allow just about any type of comment except for spam and Kilgorian excrement.

Subscribe to: Post Comments (Atom)