as people migrate from the working class it has to reflect on the percentage of income from workingYou're absolutely right, I don't know what I was thinking last night. I cranked out the "Federal Social Benefits" as a % GDI and it turns out that since 1970 they've increased by the same amount that employee compensation has decreased. We are definitely seeing a huge migration from the working class to the welfare class.
Does "Federal Social Benefits" include payments under Social Security Insurance/Disability Insurance; Veterans Affairs payments or care, Federal/Military Retirements?
Oftentimes, we just look at this as Welfare, EBTs, unemployment, etc., when if fact it may include "earned payouts/benefits".