Read More »"/> Read More »"/> Government Dependency at Record High | MyGovCost | Government Cost Calculator

Government Dependency at Record High


Friday October 28th, 2011   •   Posted by Stephanie Freedman at 12:22pm PDT   •  

In a recent article Americans ‘Hooked on Government’ as Record Number Get Benefits, the San Francisco Chronicle sheds light on the staggering numbers of American dependency on government handouts.

A record 49 percent of Americans live in a household where someone receives at least one type of government benefit, according to the U.S. Census Bureau. And 63 percent of all federal spending this year will consist of checks written to individuals for which the government receives currently no services, the White House budget office estimates. That’s up from 46 percent in 1975 and 18 percent in 1940.

The number of Americans receiving food stamps alone is up 72 percent over the past five years, to a record 45.3 million. Their annual cost, projected this year to reach $80 billion, tops the yearly budgets of most federal agencies.

The article comments on the implications of these numbers.

Senator Jon Kyl, an Arizona Republican who sits on the 12- member supercommittee, said the swelling number of beneficiaries is “very distressing” because it means much of the population is “hooked on government” and will oppose any cuts.

This brings us back to the core question of “What does MyGovCost?” These numbers show that the price is much more than our money. It is our dignity, independence and freedom.

Read Full Article Here

Featured Image:
© Andrey Andreev | Dreamstime.com



Facebook Twitter Youtube

Search

amazon.com
Support the Independent Institute when you shop on Amazon with the AmazonSmile program. Every time you make a purchase, 0.5% will be donated to Independent on your behalf, at no extra cost to you. Just visit smile.amazon.com, log in using your usual Amazon account details, and select the Independent Institute as your charity.

RSS Recent Posts on The Independent Institute’s Other Blog, The Beacon

Archives

October 2011
S M T W T F S
 1
2345678
9101112131415
16171819202122
23242526272829
3031