Government handouts top tax payments for the first time since the Great Depression… just the type of headline that can really ruin a day; now isn’t it? It did mine.
Households received $2.3 trillion in some kind of government support in 2010. That includes expanded unemployment benefits, as well as payments for Social Security, Medicare, Medicaid, and stimulus spending, among other things.
But that’s more than the $2.2 trillion households paid in taxes, an amount that has slumped largely due to the recession, according to an analysis by the Fiscal Times.
Also, an estimated 59% of the 308.7 million Americans in this country get at least one federal benefit, according to the Census Bureau, based on 2009 data. An estimated 46.5 million get Social Security; 42.6 million get Medicare; 42.4 million get Medicaid; 36.1 million get food stamps; 12.4 million get housing subsidies; and 3.2 million get Veterans’ benefits.
And the handouts from the government have been growing. Government cash handouts account for a whopping 79% of household growth since 2007, even as household tax payments–for things like the income and payroll tax, among other taxes–have fallen by $312 billion.
That is a tough feeding trough to take away from voters.
Ya Think??
Entitlements are called “entitlements” for a reason. People not only get used to them, they wake up feeling like they deserve them. It’s funny how that logic works when the total giveaways surpass the revenue taken in from this group. How can one “deserve” anything when they contribute so little?
Right. I almost forgot. They “deserve” it because they’re American. I’m pretty sure health care, food stamps, social security, and everything else come somewhere right after Life and Liberty. I just can’t seem to remember the Amendment. Anyone wanna help me?
