Nanny State: 1/3 of US on handouts

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Welcome to the world!  You owe 70K.

Welcome to the world kid. Now pay for your parent's debt.

Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition. -Thomas Jefferson

The article highlights:
  • Social Welfare includes Social Security, Medicare and unemployment.
  • Figures will get worse as more and more baby boomers retire.
  • Social Welfare makes up 35% of wages and salaries.
  • Benefits increased 514 billions dollars the past 2 years.
  • In the UK, Social Welfare makes up 44% of wages and salaries.

 

 

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