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Reliance on Uncle Sam Hits Record: 2010 Income Was 18.3% Entitlements

Reliance on Uncle Sam Hits Record: 2010 Income Was 18.3% Entitlements

Jen Fad · Tuesday, April 26th 2011 at 6:03PM · 1300 views
TALK RADIO ALERT - by Dennis Cauchon: "Americans depended more on government assistance in 2010 than at any other time in the nation's history ... A record 18.3% of the nation's total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Wages accounted for the lowest share of income - 51.0% - since the government began keeping track in 1929." http://usat.ly/hU9uhn

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Jen Fad Central Jersey, NJ

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Jen Fad Tuesday, April 26th 2011 at 7:06PM

Saint,
That's cool that you and your partner are giving back through your business. I wish I was business saavy, but that's not one of my fortes. I have been praying for this Nation and I know that things will work themselves out as they have always. Hey, can I get in on that mentoring program so that I can learn some financial and accounting skills, too? I need to get my money right!

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