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investors.com
Recovery? Half of American Households Living on Government Benefits
Made popular 358 days ago in
Society & Religion
cowboybyte.com —
Some astoundingly grim news on the “economic recovery” front: half of American households are receiving government funds to support themselves. No matter which way you slice it, this number isn’t good news for the Obama administration — they can spin the jobs numbers by ignoring the number of people who dropped out of the workforce, but this statistic is pretty straightforward.
The 49.1% of the population in a household that gets benefits is up from 30% in the early 1980s and 44.4% as recently as the third quarter of 2008.
The increase in recent years is likely due in large part to the lingering effects of the recession. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits.
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Is increased dependency the 'new recovery' under Obama and his economic 'policies'?
Must be, the left wing media and Obama administration sure are praising his excellent achievements.
54%
No, just spining for more cover on failed policies by the elite liberal media.
46%
This is not a scientific survey,
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to learn more. Results may not total 100% due to rounding and voting descrepencies.
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