"That is the number of Americans who in 2012 got up every morning and went to work — in the private sector — and did it week after week after week. At first glance, 86,429,000 might seem like a healthy population of full-time private-sector workers. But then you need to look at what they are up against.
Including both the welfare recipients and the non-welfare beneficiaries, there were 151,014,000 who "received benefits from one or more government programs" in the fourth quarter of 2011. Subtract the 3,212,000 veterans, who served their country in the most profound way possible, and that leaves 147,802,000 non-veteran benefit takers.
The 147,802,000 non-veteran benefit takers outnumbered the 86,429,000 full-time private sector workers 1.7 to 1."
Which is why the America that the Framers envisioned can be no more, and why economic collapse is a distinct possibility. The election of Obama and his gang of Cloward - Piven ideologues is likely to go down in history as the absolute worst electoral decision of all time, as they are aggressively implementing their plan to bring the country to it's knees, and now they have another three years to do it. Further, if a conservative justice on the Supreme Court dies or retires, and Obama gets another progressive appointed, there will be no more constitution to protect us.
What a mess.
What could possibly go wrong?
ReplyDeleteThe Obama solution, inherited from his parents and grandparents, would be to have everyone work for the government. It works --- in North Korea...
sobering post
ReplyDeleteI heard this bit today and immediately had to think that its a bit disingenuous...
ReplyDeleteHow many of these 'non-Veteran benefit takers' were people that had paid into the SS system for their entire working career and were now receiving their promised disbursement?
While I am the last person to support our current Administration, I believe that a responsible publisher of information like this should break it down a bit further and let their logic and reason make the point rather than fall back lamely on a sensational number...
They SS taxes they paid went to fund the benefits of the retirees of the time, or were spent by Congress on other things. There's no SS "trust fund". It's entirely funded out of SS taxes and borrowing, and has been running a deficit since 2009. The article is not misleading about this.
DeleteRecall how often the left (er, "progressives") love to scold the rest of us about "sustainability"? None of their social spending plans are ever sustainable. Indeed, because it destroys free exchange and thus destroys price discovery, socialism itself will always eventually fail. Socialism cannot be sustainable, yet those who love big government have imposed a version of it upon us all. This is just evil and will not end well for anyone.
ReplyDelete-- theBuckWheat
see:
DeleteWhy a Socialist Economy is "Impossible" by Joseph T. Salerno
http://mises.org/econcalc/POST.asp