18.3% of personal income is from food stamps

[jprad]

Quote from Scataphagos:

The Government SHOULD guard the public purse like it were the Crown Jewels... which in fact, it is.

But those in power toss benefits around willy nilly in order to secure votes. They should be caned/whipped/jailed for that.

As with most everything else, the lashing out at recipients masks where the bulk of the blame should really be directed at -- the feet of government and corporations.

We'd have a whole lot less of all entitlements if the "right" to vote had to be suspended while on government subsistence. Same goes for the "right" to contribute to a political campaign if you're in the midst of laying off workers or shipping jobs off-shore.

Interestingly enough, the WSJ did a piece on foodstamps today. Funny how a lot of the capitalist "red" states have higher percentages of foodstamp recipients than the socialist "blue" states. CA and NJ at less than 10% while TX is just as bad as NY with 15% receiving foodstamps.

About 1 in 7 in U.S. Receive Food Stamps
http://blogs.wsj.com/economics/2011/05/03/about-1-in-7-americans-receive-food-stamps/

 

[TheTrucker]

Quote from Scataphagos:

The Government SHOULD guard the public purse like it were the Crown Jewels... which in fact, it is.

But those in power toss benefits around willy nilly in order to secure votes. They should be caned/whipped/jailed for that.

Are you people rightarded? This thread started as a lie and it still is. The title of the thread was "18.3% of personal income is from food stamps" and it linked

http://www.usatoday.com/news/usaedi...ntsnew_ST_U.htm

Which says

"A record 18.3% of the nation's total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Wages accounted for the lowest share of income — 51.0% — since the government began keeping track in 1929."

Whereas Social Security and Medicare and Medicaid probably account for 80% of the government payout to social insurance (the cited 18%) then the actual food stamp portion is about 3.7% of the "income". The interesting part of this article is that it tells us that only 51% of the nation's income was earned. 18% was received as "benefits". That leaves 30.7% that was taken as unearned interest, royalties, rents, and other rentier "entitlements". And the graphs reflect the economic train wreck created by the rentiers.

 

[krazykarl]

Quote from TheTrucker:

Are you people rightarded? This thread started as a lie and it still is. The title of the thread was "18.3% of personal income is from food stamps" and it linked

http://www.usatoday.com/news/usaedi...ntsnew_ST_U.htm

Which says

"A record 18.3% of the nation's total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Wages accounted for the lowest share of income — 51.0% — since the government began keeping track in 1929."

Whereas Social Security and Medicare and Medicaid probably account for 80% of the government payout to social insurance (the cited 18%) then the actual food stamp portion is about 3.7% of the "income". The interesting part of this article is that it tells us that only 51% of the nation's income was earned. 18% was received as "benefits". That leaves 30.7% that was taken as unearned interest, royalties, rents, and other rentier "entitlements". And the graphs reflect the economic train wreck created by the rentiers.

we've had an influx of conspiracy theorists the past 18 months.... you'll figure out who the trolls are soon enough.

 

[stopnlimits]

Quote from jprad:


We'd have a whole lot less of all entitlements if the "right" to vote had to be suspended while on government subsistence. Same goes for the "right" to contribute to a political campaign if you're in the midst of laying off workers or shipping jobs off-shore.

I have not heard this idea but I think it's brilliant! Society would naturally correct itself. It would be a matter of time. good thinking jprad!