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April 22, 2011
SWILLWATCH -- A Nation at the Trough AKA "government-sponsored wealth creation"
Government Cash Handouts Now Top Tax Revenues
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.
Posted by Vanderleun at April 22, 2011 2:57 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
It pays to be a loser in the U.S.
Posted by: RedCarolina at April 24, 2011 10:00 AM