Nearly Half of U.S. Lives in Household Receiving Government Benefit
From The Wall Street Journal by Sara Murray:
Means-tested programs, designed to help the needy, accounted for the largest share of recipients last year. Some 34.2% of Americans lived in a household that received benefits such as food stamps, subsidized housing, cash welfare or Medicaid (the federal-state health care program for the poor). Another 14.5% lived in homes where someone was on Medicare (the health care program for the elderly). Nearly 16% lived in households receiving Social Security.
Why do we not hear this figure more? It is astounding. And not very encouraging.
Yeah, you know it’s bad when half the country is living off the other half!