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January 31, 2012

America's On The Dole


From Money Trends Research:
Once you become addicted to getting a government check in the mail, it can be very difficult to give that up. There are some that get trapped in a life of government dependence for years or even decades.

The following are 16 statistics which show that the number of Americans dependent on the government is at an all-time high….

#1 According to the Census Bureau, 49 percent of all Americans live in a home that gets direct monetary benefits from the federal government. Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.

#2 The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

#3 The number of Americans receiving Social Security disability benefits has increased by 10 percent since Barack Obama first took office.

#4 Back in 1990, the federal government accounted for 32 percent of all health care spending in America. Today, that figure is up to 45 percent and it is projected to surpass 50 percent very shortly.

#5 The number of Americans on food stamps recently hit a new all-time high. It has increased by 3 million since this time last year and by more than 14 million since Barack Obama first entered the White House.
The rest of these indicators are here.

4 comments:

Woodsterman (Odie) said...

Where's mine?

The Underground Pewster said...

I finally get it. They want to take more so that they can give more. Benevolence does have an older definition: (Historical Terms) (in the Middle Ages) a forced loan or contribution exacted by English kings from their nobility and subjects (thefreedictionary.com)

sig94 said...

Odie - it is gathering interest right next to mine. But mine is way bigger than yours. And newer. :-)

sig94 said...

Pewster - and of course there is the vigorish attached to that...

And speaking of vigorish, that leads me to my next post.