Thin Ice
August 20, 2014 - by
According to the Census Bureau, back in the fall of 2011 without knowing it we crossed a kind of Rubicon.
Back then – during the last quarter of 2011 – 101,716,000 people had full time jobs while 108,592,000 people were receiving payments from welfare programs and, if that sounds like skating across thin ice, there’s more to the picture: 101,439,000 people were receiving Social Security, Medicare and unemployment compensation.
When you eliminate the overlap between the two groups, according to the Census Bureau, the number of people receiving government benefits climbs to 151,014,000.
151,000,000 people receiving benefits. And 101,000,000 people working.
Can that last?
Thin Ice
August 20, 2014/
According to the Census Bureau, back in the fall of 2011 without knowing it we crossed a kind of Rubicon.
Back then – during the last quarter of 2011 – 101,716,000 people had full time jobs while 108,592,000 people were receiving payments from welfare programs and, if that sounds like skating across thin ice, there’s more to the picture: 101,439,000 people were receiving Social Security, Medicare and unemployment compensation.
When you eliminate the overlap between the two groups, according to the Census Bureau, the number of people receiving government benefits climbs to 151,014,000.
151,000,000 people receiving benefits. And 101,000,000 people working.
Can that last?