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We've Crossed A Tipping Point: Most Americans Now Receive Govt. Benefits (Happy Dependence Day!)
Forbes ^ | 7/02/2014 @ 4:45PM | Merill Matthews

Posted on 07/03/2014 11:57:08 PM PDT by quesney

Obamacare has pushed us over the entitlements tipping point. In 2011 some 49.2 percent of U.S. households received benefits from one or more government programs—about 151 million out of an estimated 306.8 million Americans—according to U.S. Census Bureau data released last October.

Currently, around 6 million to 7 million Americans who have signed up for Obamacare are receiving taxpayer-provided subsidies (though the administration’s numbers cannot be trusted, it’s all we have to work with). There are another 3 million who have signed up for Medicaid.

That means some 10 million Americans—or a total of about 161 million—are now getting government subsidies (though the final number might be somewhat lower since some may have been receiving benefits already).

Thus, perhaps 52 percent of U.S. households—more than half—now receive benefits from the government, thanks to President Obama. And Mr. Entitlement is just getting started. If Obamacare is not repealed millions more will join the swelling rolls of those dependent on government handouts.

(Excerpt) Read more at forbes.com ...


TOPICS: Breaking News; Culture/Society; Government
KEYWORDS: dependency; dependentsday; fundingtheleft; handouts; marxism; obamalegacy; redistribution; welfarestate
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To: wastoute

Most good officers never get any higher than Major


301 posted on 07/08/2014 3:00:05 PM PDT by 2CAVTrooper (If you ain't CAV, you ain't.......)
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To: 2ndDivisionVet

Many ppl get benefits thru reduction in their phone bills, electric and gas bills as well,for ppl requiring a medical reduction in their electric bill, for low income ppl, a lot of seniors do..school free lunches, reduced prices, are probably counted, it is a government hand out, thee are many little hand outs ppl do not think aabout besides the major ones..


302 posted on 07/10/2014 5:50:56 PM PDT by JoanneSD
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