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.

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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: