Americans Are More Dependent Than Ever On Government Handouts, New Report States Authored by Kevin Stocklin via The Epoch Times, Payments from the government have become the fastest-growing source of income for Americans, according to a new study. A report by the Economic Innovation Group (EIG), a public policy research organization, titled “The Great Transfer-mation,” states that Americans have become substantially more dependent on government support, with the share of national income coming from transfer payments more than doubling over the past 50 years. Transfer payment programs include Medicare, Medicaid, Social Security, unemployment and disability, food stamps, and veterans’ benefits.… — Continue at ZeroHedge News : Read More
Home » Americans Are More Dependent Than Ever On Government Handouts, New Report States – Tyler Durden