Posted on 11/21/2010 10:44:59 PM PST by TeachableMoment
~ Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year." And that excludes benefits from Supplemental Security Income disability checks.
America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper - it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world's most generous entitlement system.
(Excerpt) Read more at zerohedge.com ...
I’m not quite to $60K, after a graduate degree, 30+ years of full-time work, a second language and the highest certification in my field. I always wondered how people with Access Cards can buy better food and drive better cars than I can afford.
“And another thing, government employees are parasites on the backs of the productive private sector”
This is an article on Welfare not on government employees. You take any opportunity to trash government workers but probably fail to consider that government employees include military. My husband served 23 years in the military and now works for the VA. We are not parasites and my husband is the hardest working man I know.
If you are an elite and you can get the po to attack the middle, you are insulated. Insulated.
You jues ogtsa keep movin it aroun
My wife was going to give a girl that worked for her a promotion and a raise. The girl objected because it would disqualify her from getting the free child care the state pays for her and it would be a net loss. Haven’t seen my wife that mad in a long time. She told the girl she could quit or get the raise. She quit.
*
Easy fix:
Amend the Constitution to:
1) forbid the withholding of monies from wages [or investments],
AND
2) forbid the seizure of assets without jury-trial.
Yes, all government employees are parasites on the private sector. There is a symbiotic necessity for some government, but not at the level we currently have.
I'm a vet too, I utilize the VA system too. I'm not calling for the elimination of government. I am not saying that all government employees are moochers. I certainly am not saying all government agencies are not necessary; I staunchly support the military.
What I am saying is that government is to too big, way too big. It is killing the host. Fact is, government could be cut down in size and still function within its constitutionally mandated sphere. Welfare is a tool of government so my comments are relevant to the article.
My regards to your husband for his service. Have a happy Thanksgiving.
bump
That is utterly disgusting. It’s even worse if a family is on a pension and working part, part time. The EITC might help.
I’ll tell you another problem with EIC. It is a disincentive to earn more. Like higher taxes which penalize you when you get a couple raises or work long and hard enough to make almost decent money. This country is fubar.
I was thinking about this the other day. Tere are essentially 3 classes of people who are insulated from economic downturns:
1- The ultra rich
2- Fedreal Government workers
3- The so-called poor whose entitlements just keep flowing.
All three groups could care less about a recession. There lifestyles will not be affected at all.
Why?
On that theme, I've heard of many cases where someone will quit working at some point during the year just before they've reached an income level where certain "benefits" such as EIC are cut off.
Obviously, they define that term differently than I do. True economic justice, IMO, would be working hard and keeping what you earned.
When Barry O says it would be better "to spread the wealth around", he ignores the "spreading" that is already taking place. Or, as I prefer to call it: confiscation.
The numbers were wrong:
http://hoystory.com/?p=6847
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