Chart of the day

Via Hot Air, household “income” from government entitlements and handouts exceeds taxes:

Note the two times this has happened historically: the Great Depression. What strikes me, however, is that the level of entitlements is four times higher now than it was then.

Ed Morrissey states the obvious:

The clear problem in this chart isn’t that the red line has moved downward into historically low territory; it’s that the blue line has kept moving up into historically high territory.  The long-term solution isn’t to raise taxes, but to wean the American public off of its historic dependence on welfare and social spending.

Exactly. Read the rest.

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One Response

  1. It’s really sad what this nation has become. I just hope we can turn this around. It certainly won’t be with this president.

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