It’s an Obama World… For Every 1.25 People in Private Sector – 1 Person Gets a Government Check
It’s worse than we thought.
The country is broke and instead of electing politicians to fix the problem, we reelected Barack Obama, the biggest spender in history – The man who just blew a trillion dollars on a failed stimulus program and got a complete pass on it.
Things are about to get ugly.
Zero Hedge brings us the bad news:
But perhaps the scariest chart in the entire presentation is the following summarizing the unsustainable welfare burden on current taxpayers:
** For every 1.65 employed persons in the private sector, 1 person receives welfare assistance
** For every 1.25 employed persons in the private sector, 1 person receives welfare assistance or works for the government.
Read the whole depressing article here.