One percent? Try the MORE THAN A THIRD in U.S. who rely on Welfare
By Catholic Online (NEWS CONSORTIUM)
8/20/2014 (2 years ago)
Catholic Online (www.catholic.org)
Back in the "Occupy Wall Street" days, protestors rallied around the concept of the United States' "One Percent," which referred to the people with power in the U.S. government. On the other side of the coin, more than ONE THIRD of all U.S. households are now dependent on the government. That's how many U.S. household rely on some sort of governmental assistance.
Back in the "Occupy Wall Street" days, protestors rallied around the concept of the United States' "One Percent," which referred to the people with power in the U.S. government.
LOS ANGELES, CA (Catholic Online) - According to statistics, 109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs," aka welfare.
According to data released Tuesday by the Census Bureau - which has not yet reported how many were on welfare in 2013 or the first two quarters of 2014, there were 109,631,000 living in households taking federal welfare benefits as of the end of 2012. This figures out to a whopping 35.4 percent of all 309,467,000 people living in the United States at that time.
Those households that were receiving benefits from non-means-tested federal programs, which include Social Security, Medicare, unemployment and veterans benefits, added to those taking welfare benefits -- 153,323,000 people were getting federal benefits of some type at the end of 2012.
Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits.
When America re-elected President Barack Obama in 2012, the nation had not quite reached the point where more than half the country was taking benefits from the federal government.
With the implementation of Obamacare, if the U.S. has not already surpassed that point (not counting those getting veterans benefits), we soon will.
In the fourth quarter of 2008, when President Obama was elected, there were 96,197,000 people living in households taking benefits from one or more federal welfare programs. After four years, by the fourth quarter of 2012, that had grown by 13,434,000.
Copyright 2017 - Distributed by THE CALIFORNIA NETWORK
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