1/2 of Americans Depend on Government for Something!
No big surprise that over 1/2 of all Americans depend on Big Government for some type of subsidy. These subsidies include but are not limited to: Medicaid, food stamps, earned income tax credit, work pay tax credit and unemployment benefits. That would be about 165 million of 308 million Americans are dependents of the U.S. Government.
Over the past 4 years the number of folks on welfare increased from 97 million to 107 million according to some sources. At the same time the number of folks on food stamps has increased by 14 million. I personally am not surprised about this statistic. It shows that while there is some economic activity it certainly isn’t ‘trickling’ down to main street.
There are millions of people that want to work, there just isn’t any work to be had! If you believe the statistics it is getting better but not fast enough. College graduates and those that have been in and are now out of the work place all need jobs.
I for one am hiring here in Longmont Colorado…anyone want a job? Food packaging and blending are the duties and we need help now. That is my contribution to the economy and I will stay that way as long as the government will permit me to make a profit…something that all to frequently seems to be harder to do.