10 charts showing America’s stunning entitlements explosion1. Although Social Security already existed, the Great Society launched the ever-expanding modern American welfare state:2. The rate of entitlement growth per capita has been nearly twice as fast as per capita income growth for the last fifty years3. In the 1960s, the federal government spent $2 on governing for each $1 it spent on entitlement transfers. Today that ratio has completely flipped:4. It took only two generations for transfers to displace everything else the federal government does.5. Here’s where the money goes:6. In 1969, government benefits accounted for 7.8% of Americans’ personal income.7. In 2009, government benefits accounted for nearly 18% of Americans’ income. And the regions which relied most on benefits in 1969 have become even more dependent.8. Nearly 50% of the U.S. population lives in a household that receives some government benefits.9. 31% of US households are receiving means-tested public benefits.10. As the Welfare State has expanded, Americans are working less.http://www.aei-ideas.org/2012/12/americas-entitlement-epidem...Yikes! Look at the charts.
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