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18 Stats That Prove That Government Dependence Has Reached Epidemic Levels

Tyler Durden's picture




 

Submitted by Michael Snyder of The American Dream blog,

Did you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million?  In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system.  And did you know that nearly 70 percent of all of the money that the federal government spends goes toward entitlement and welfare programs?  When it comes to the transfer of wealth, nobody does it on a grander scale than the U.S. government.  Most of what the government does involves taking money from some people and giving it to other people.  In fact, at this point that is the primary function of the federal government.

Just check out the chart below.  It comes from the Heritage Foundation, and it shows that 69 percent of all federal money is spent either on entitlements or on welfare programs…

Heritage Foundation

So when people tell you that the main reason why we are being taxed into oblivion is so that we can “build roads” and provide “public services”, they are lying to you.  The main reason why the government taxes you so much is so that they can take your money and give it to someone else.

We have become a nation that is completely and totally addicted to government money.  The following are 18 stats that prove that government dependence has reached epidemic levels…

#1 According to an analysis of U.S. government numbers conducted by Terrence P. Jeffrey, there are 86 million full-time private sector workers in the United States paying taxes to support the government, and nearly 148 million Americans that are receiving benefits from the government each month.  How long can such a lopsided system possibly continue?

#2 Ten years ago, the number of women in the U.S. that had jobs outnumbered the number of women in the U.S. on food stamps by more than a 2 to 1 margin.  But now the number of women in the U.S. on food stamps actually exceeds the number of women that have jobs.

#3 The U.S. government has spent an astounding 3.7 trillion dollars on welfare programs over the past five years.

#4 Today, the federal government runs about 80 different “means-tested welfare programs”, and almost all of those programs have experienced substantial growth in recent years.

#5 Back in 1960, the ratio of social welfare benefits to salaries and wages was approximately 10 percent.  In the year 2000, the ratio of social welfare benefits to salaries and wages was approximately 21 percent.  Today, the ratio of social welfare benefits to salaries and wages is approximately 35 percent.

#6 While Barack Obama has been in the White House, the total number of Americans on food stamps has gone from 32 million to nearly 47 million.

#7 Back in the 1970s, about one out of every 50 Americans was on food stamps.  Today, about one out of every 6.5 Americans is on food stamps.

#8 It sounds crazy, but the number of Americans on food stamps now exceeds the entire population of the nation of Spain.

#9 According to one calculation, the number of Americans on food stamps is now greater than the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

#10 According to a report from the Center for Immigration Studies, 43 percent of all immigrants that have been in the United States for at least 20 years are still on welfare.

#11 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, more than 70 million Americans are on Medicaid, and it is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#12 The number of Americans on Medicare is projected to grow from a little bit more than 50 million today to 73.2 million in 2025.

#13 Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years.  That comes to approximately $328,404 for each and every household in the United States.

#14 If the number of Americans enrolled in the Social Security disability program were gathered into a single state, it would be the 8th largest state in the entire country.

#15 In 1968, there were 51 full-time workers for every American on disability.  Today, there are just 13 full-time workers for every American on disability.

#16 It is being projected that the number of Americans on Social Security will rise from about 62 million today to more than 100 million in 25 years.

#17 Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years.

#18 According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.  Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.

Many will read this and will assume that I am against helping the poor.  That is completely and totally not true.  There will always be people that are impoverished, and this happens for many reasons.  In many cases, people simply lack the capacity to take care of themselves.  It is a good thing to take care of such people, whether the money comes from public or private sources.  In every society, those that are the most vulnerable need to be looked after.

But it is a very troubling sign that the number of people on government assistance is now far, far greater than the number of people with full-time jobs.  This is not a sustainable situation.  The federal government is already drowning in debt, and yet more people become dependent on the government with each passing day.

The long-term solution is to get more Americans working or starting their own businesses, but the federal government continues to pursue policies that are absolutely killing the creation of jobs and the creation of small businesses in this country.  So our epidemic of government dependence is going to continue to get worse.

And many of these programs are absolutely riddled with fraud and corruption.  Just check out the following excerpt from a recent Natural News article

To understand the extent of this fraudulent waste, go no further than Dr. Salomon Melgen, a Florida ophthalmologist who raked in $20.8 million from Medicare in 2012 alone. Dr. Melgen isn’t the only one bathing in the fraud of this crony government program. Medicare dished out over $1 million to almost 4,000 doctors in 2012, according to the new data release analyzed by The Washington Post.

 

Jonathan Blum, principal deputy administrator for the Centers for Medicare and Medicaid Services, is calling on the public for help in identifying fraud. He says, “The program is funded by and large by taxpayer dollars. The public has a right to know what it is paying for. We know there is fraud in the system. We are asking for the public’s help to check, to find waste, and to find potential fraud.”

Instead of fixing their own problems, they want us to help them do it.

Just great.

And of course they always want more of our money to help fund these programs.  In fact, according to Americans for Tax Reform, Barack Obama has proposed 442 tax increases since entering the White House…

-79 tax increases for FY 2010
-52 tax increases for FY 2011
-47 tax increases for FY 2012
-34 tax increases for FY 2013
-137 tax increases for FY 2014
-93 tax increases for FY 2015

 

Perhaps not coincidentally, the Obama budget with the lowest number of proposed tax increases was released during an election year: In February 2012, Obama released his FY 2013 budget, with “only” 34 proposed tax increases. Once safely re-elected, Obama came back with a vengeance, proposing 137 tax increases, a personal record high for the 44th President.

The more we feed the monster, the larger and larger it grows.

And yet poverty is not decreasing.  In fact, the poverty rate has been at 15 percent or greater for three years in a row.  That is the first time that has happened in decades.

Barack Obama promised to “transform” America, and yet poverty and government dependence have just continued to grow during his presidency.

Not that anyone really believes anything that he has to say at this point.  In fact, one recent survey found that only 15 percent of Americans believe that Barack Obama always tells the truth and 37 percent believe that he lies “most of the time”…

A Fox News poll released Wednesday shows that six out of every ten Americans believes that President Barack Obama lies to the American people, at least some of the time. A plurality – 37% – say that he lies “most of the time,” while another 24% say he lies “some of the time.” Another 20% say he lies once in awhile, while only 15% say that he never lies.

So what do you think?

 

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Fri, 04/18/2014 - 15:28 | 4673693 Oh regional Indian
Oh regional Indian's picture

NUMBers, but sometimes they do tell a stroy.

It's weird, India has sort of followed the inverse pattern on all those stats, in the service industry and china in manufacturing.

All of them, from female participation in the workforce, savings, .gov dependents...all of them...

When Austerity bites in the US, watch out fat bottoms, I mean, below!

ori

Check out these NUMBers, literally...

http://aadivaahan.wordpress.com/2014/04/15/the-pharmacopic-scam-lies-exp...

 

Fri, 04/18/2014 - 15:53 | 4673755 wee-weed up
wee-weed up's picture

 

 

The article stated:

"Many will read this and will assume that I am against helping the poor."

Yep, this is because the MSM preaches that crap every day! Anyone who is for fiscal responsibility is automatically labeled anti-poor and vilified.

Fri, 04/18/2014 - 16:55 | 4673917 TheReplacement
TheReplacement's picture

I'm for helping keep the numbers of poor lower - as in, I don't want to be one of them because I pay several times more in taxes than I do for food and clothing or just housing.  My taxes are so high now that I'm going into debt just to pay the government to take care of the "poor".   

Tax revolt anyone?

Fri, 04/18/2014 - 18:28 | 4674168 Keyser
Keyser's picture

According to one calculation, the number of Americans on food stamps is now greater than the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

How in the hell is this even possible? We are being scammed on a monumental scale. 

 

 

Fri, 04/18/2014 - 21:13 | 4674632 TruthInSunshine
TruthInSunshine's picture

Salomon Melgen, a nice Irish name:

"To understand the extent of this fraudulent waste, go no further than Dr. Salomon Melgen, a Florida ophthalmologist who raked in $20.8 million from Medicare in 2012 alone."

Fri, 04/18/2014 - 22:21 | 4674760 nmewn
nmewn's picture

lol...I love self deprecating humor.

Its those damned Irish again! ;-)

Sat, 04/19/2014 - 15:41 | 4675898 401K of Dooom
401K of Dooom's picture

Beggorreagghhh, I believe he's from Killkearney!

Fri, 04/18/2014 - 16:59 | 4673930 NihilistZero
NihilistZero's picture

No one is for "real" fiscal responsibility.  TPTB created the Free Shit Army.  If I destroy your purchasing power through monetary debasement and "free trade" to enrich myself and in turn toss you a few crumbs, I've won.  To blame the masses who are so far removed from understanding the source of their plight is beyond naive.

If I rape your wife and kill your kids and your only recourse is to use .gov to achieve the smallest recompense, you are the victim, not me.

In the absence of the state most of these high income earners wouldn't make nearly as much.  .gov exists solely to protect their interests and it's as far from laissez-faire capitalism as you can get.

In a peaceful anarchist system there could never be a Buffet or a Gates and the Rothschild's would have faded into history long ago.  Government protects their existence and influence.  The welfare state is for their benefit and no one else.

Fri, 04/18/2014 - 19:02 | 4674260 greyghost
greyghost's picture

nihilistzero you are so correct. the writer goes to great length to mention food stamps and soc.security and welfare...nonstop even. yet not one peep about the corporate welfare wagon that endlessly churns out kickbacks to business daily. hell my first thought was what will i do with my first soc. sec. check.....here's a hint....spend it! yep, all those welfare, soc. sec. and food stamp checks get hoarded every month, month in and month out, endlessly. so exactly where would american business be without this flood of money every month? just ask walmart, seems their business "welfare" checks have gone down since the republicans cut back on food stamps, ouch? just look at the screams to start another war...seems the republican passed auto cuts to the military are starting to hurt? weren't they something like 10% a year, and we are now into this 2 years? i have noticed the calls for gutting social programs are reaching a fever pitch......did this jackass author call for more cut backs in the military budget? around and around in circles they go. oh, i'm sorry he says the military is only 18% of spending....LOL LOL 

Fri, 04/18/2014 - 22:47 | 4674803 caconhma
caconhma's picture

 

Let us all stop BS. 

Help poor? Why?

I came to America almost 40 years ago. I started work for minimum wages. Back then, it was $1.80 per hour. My first boss was Chinese and he did not understand a 40-hour workweek. I went to school and then to a private university and I have paid for it. I never got any penny from a government. For the last 30 years, I have worked as an engineer & a manager for private companies.

And now, I have to pay to support lazy and stupid? Sorry, I don't think it is a good idea. I came to America from a socialist country. I do believe in an old socialist saying: “People who don’t work must starve!” Either these lazy & stupid starve or the entire society doomed to extinction.

The choice is ours. Either we change the situation or we deserve our destiny. Complains will change NOTHING!

 

Sat, 04/19/2014 - 12:29 | 4675611 SeattleBruce
SeattleBruce's picture

The choice is not helping the poor or letting them starve. The question is how do you truly help anyone (hint: it's NOT with handouts.) It's by helping people become employable again, or by encouraging them to start businesses, and, it's by running businesses ourselves that gainfully employ people. Look at any group that works well with 'the poor' and you'll see elements of all of this. In the past shelters used to employ people in need in running the shelter facility and good ones today - like Seattle's Union Gospel Mission - continue to follow that model.

Sat, 04/19/2014 - 12:54 | 4675661 Escrava Isaura
Escrava Isaura's picture

Nihilist, couple outstanding comments. Unfortunately, as you pointed out, many of zero hedge comments are trashy. Too bad!

Quick examples:

The article was written ‘based’ on Heritage Foundation research—such a shame.

1st) Actually, the ‘food-supplement’ for Americans is a lot worse than written. We’re talking over 100 million Americans in need of food because of not enough income.

2nd) Military spending is over 100% of income tax collected—excluding FICA—[ including homeland security, Vet’s retirements and benefits, wars as discretionary spending, nuclear expenses hidden on energy department, interest on these debts].

3rd) Then, you have comments by Keyser linking to Breitbart neocon site.

Anyway, keep up the good work!  

Fri, 04/18/2014 - 18:56 | 4674255 A Nanny Moose
A Nanny Moose's picture

Indeed. They don't interpret the data. The data says that even with all that gummint help since FDR and LBJ, the income disparity has grown. The data also says that even poor people live in air conditioned dwellings with fridges, cell phones, computers (laptops), interwebz, cable TV, Flat screen TVs, washer/dryer. Even the poor in the US are among the top 5% on the planet.

Fri, 04/18/2014 - 19:57 | 4674322 NihilistZero
NihilistZero's picture

You completely misunderstand what poverty is.  All the toys in the world can't make up for the spiritual emptiness of inescapable poverty.  To be unable to effect real change in your family and community.  To be governed by an inherently unjust judicial system that constantly works to ensnare you (try working for minimum wage in CA to better yourself and then getting hit with a $400 failure to stop ticket).  Sure the very best and brightest can move up, but why should it only be them?

The vitrol directed at the working poor by many on this site is disgusting.  In the 1970s a fry cook could afford a family and a life.  The only reason he can't now is the last 30 plus years have been spent raping the American laborer through dishonest money and un-free trade.

To all of you who were skilled and/or fortunate enough to avoid the poverty class know that .gov is only a step away from sending you there.  Fight the real enemy and understand that taking food out of the mouth of your unfortunate (and perhaps ignorant) brother is not the answer.

Sat, 04/19/2014 - 12:42 | 4675639 SeattleBruce
SeattleBruce's picture

Yes Nihilist, vitriol toward our fellow workers is uncalled for. However honest discussion about how to help people who are now poor is important because if there's one thing .gov does quite well it's to create a totally dependent class, and getting through that after a year or two (or more) of being programmed is pretty challenging. The answer on a personal level lies in personal relationships with people and in the wise application of funds (often private, and perhaps public if helpful) in retraining and recovery programs and in employing these individuals (rather than shunning them). Doing this is a direct frontal attack on .gov dependence and is, in my view, one of the strongest fights we can make for the freedom movement.

Fri, 04/18/2014 - 21:00 | 4674598 mumbo_jumbo
mumbo_jumbo's picture

no many will read this and wonder why there's no mention of the 60% of US corporations that pay no fucking tax (which as a % of GDP is at an all time low for corporations even though profits are at an all time high) AND THE BEST part is the sheople conditioning to convince them that the social security system that we've paid into our whole lives (to the tune of $200K and fucking counting) is now some kind of an entitlement to ask for YOUR MONEY BACK.....oh well so long as  the job "creators" are tax free.

what a one side piece of propaganda.

Fri, 04/18/2014 - 16:30 | 4673835 ndotken
ndotken's picture

Americans are so very very fucked.

Fri, 04/18/2014 - 17:39 | 4674026 Cattender
Cattender's picture

it's a recovery.. Damn am i getting tired of saying that.

Fri, 04/18/2014 - 19:23 | 4674335 Spigot
Spigot's picture

Yeah, you're right. Americans are so stupid they would read something like this and take it seriously. It's a hack job article intended to be used by political candidates to get their electorate to foam at the mouth about  "the issues". Articles like this are a snow job. The average american voter is too dumbed down to actually look at this kind of article and see the flaws. It is AGITPROP at its finest.

Sat, 04/19/2014 - 14:56 | 4675853 Escrava Isaura
Escrava Isaura's picture

Spigot

Awesome comment!

Fri, 04/18/2014 - 17:51 | 4674055 sgt_doom
sgt_doom's picture

Of course it's going to follow an inverse pattern, you idiot!

They shipped all those jobs to India and China, so American-based multinationals should either charge them taxes, and turn it over to the IRS for said offshored jobs, or pay the taxes themselves.

With every job offshored from the USA, so goes a chunk of the GDP!

Must I always explain everything . . . .

Fri, 04/18/2014 - 15:27 | 4673695 Richardk888
Richardk888's picture

Is Social Security an entitlement seeing as how I have been paying into it since I was 14 years old?

Fri, 04/18/2014 - 15:29 | 4673700 jimmytorpedo
jimmytorpedo's picture

If you pay the mafia protection for 10 years, do you hope they come burn down your business in the 11th year?

Fri, 04/18/2014 - 15:43 | 4673730 Richardk888
Richardk888's picture

My preference would be for them to stop taking it out of my check and letting me chose where to invest/spend it.  Hell, they could even keep what I have paid up to this point.

Either way though, if I live long enough to collect social security, it wont be an entitlement.

Fri, 04/18/2014 - 16:49 | 4673897 kchrisc
kchrisc's picture

They can't let you choose, as they know that as things are now, you'll choose gold.

Fri, 04/18/2014 - 17:29 | 4674002 Frank N. Beans
Frank N. Beans's picture

we are supposedly too ignorant to know how to invest our own money, so the govt takes some of it, intending to give it back to us, in small doses, when we are old

it's called a ponzi scheme

 

Fri, 04/18/2014 - 18:36 | 4674200 Keyser
Keyser's picture

Berrnie Madoff is a piker compared to the bankers. 

Fri, 04/18/2014 - 21:06 | 4674612 Zero Govt
Zero Govt's picture

any institution with Barney Frank head of a financial committee you just know has lost the plot completely

Fri, 04/18/2014 - 15:51 | 4673746 maskone909
maskone909's picture

we shouldnt have to make things so god damn complicated for producers to provide goods and services to consumers

 

its mind blowing when you realize how much rules and regulations exist for something as simple as buying a car to drive to work, or obtaining a job.

you have to register with the DMV, pay them exorbatant amounts of fees, obtain auto insurance, comply with smog laws,

 

oh, you want to find a job>? 

you must graduate from an educational institution($$$), comply with the licensure in that field, have a cell phone and email for communication($$$), trnasportation, housing, clothing, ability to feed yourself after this is all said and done(good luck)

 

omfgBBQ i am rambling but this is awefull.  we are taxed and bled to death. just a matter of time before SHTF

Fri, 04/18/2014 - 16:58 | 4673921 James_Cole
James_Cole's picture

 

oh, you want to find a job>? 

you must graduate from an educational institution($$$), comply with the licensure in that field, have a cell phone and email for communication($$$), trnasportation, housing, clothing, ability to feed yourself after this is all said and done(good luck)

Umm...welcome to 2014? You're competing with a global labour pool and increasingly sophisticated software -showing up and being willing to work doesn't mean much (if it ever really did). 

Incidentally, making the basic cv requirements you cited above out of reach ($$) for regular people is more or less the mission statement of the 'heritage' foundation the author quotes for this article.  

 

Fri, 04/18/2014 - 19:16 | 4674313 Anusocracy
Anusocracy's picture

They're are control freaks.

Control is advantageous to survival of the controllers.

Fri, 04/18/2014 - 23:38 | 4674870 StychoKiller
StychoKiller's picture

[quote]

The long-term solution is to get more Americans working or starting their own businesses, but the federal government continues to pursue policies that are absolutely killing the creation of jobs and the creation of small businesses in this country.

[/quote]

Professional clowns are on the decline

Apparently the Govt is taking away circus jobs too!

 

Fri, 04/18/2014 - 19:06 | 4674080 deflator
deflator's picture

 

If you pay the mafia protection for 10 years, do you hope they come burn down your business in the 11th year?

 

If they were delivering protection no, but since it is all take, take, take and is disintegrating on it's own it doesn't fuckin' matter.

 

 I bought a condo in a complex of more than 270 units. I tried to tell the HOA that the place had fallen into disrepair and that squirrels and racoons were destroying the place 4 years ago and they laughed in my face.(a condescending left arm wrapped around torso, right thumb under chin with index finger pointed at temple saying, "Mr. Gilmore, I kinda like the squirrels and the trees.")  Now the city wants to condemn the whole complex as a safety hazard.

 The HOA board has self managed the complex for the past 20 years taking in more than half a million dollars every year for the past 20 years. The HOA currently has $4,000 in the bank and zero records for the past 20 years of expenditures.  90% of the home owners think everything is going good.

 The local, "mafia" as I understand it would be whatever local commercial real estate developer the Federal Reserve happens to be backstopping through it's various REIT's. In this case it happens to be Fogelman, the same Fogelman who built this place as apartments and was able to illegaly convert to condos in 1986 thereby passing on the risk of his faulty engineering and construction. Now when the city condemns the 570 acres of prime RE he can pick up the pieces for pennies on the dollar by decree no less.

If not for FED Reserve backstop of REIT's, local mafias would be bankrupt even with their pseudo ham fisted corruptions.

Fri, 04/18/2014 - 20:17 | 4674476 jimmytorpedo
jimmytorpedo's picture

I won't explain my previous comment although it may have been misunderstood.

Suffice it to say, when a cheque comes from my government, I take much more pleasure in burning it than cashing it.

Stolen money will not stain my virtue.

The bully can steal my milk money only for so long.

Venegance is for the smart, the meek shall inherit nothing except empty promises of streets paved with gold.

The zombies may steal my mental output but they will NEVER EAT MY BRAIN.

 

 

Fri, 04/18/2014 - 22:59 | 4674824 deflator
deflator's picture

My government does not send checks, they insist that all transactions be electronic. You have to have a checking account and receive their check by direct deposit.

Fri, 04/18/2014 - 15:50 | 4673743 NotApplicable
NotApplicable's picture

Given it's a ponzi, does it really matter? People paid Madoff lots of money too.

Fri, 04/18/2014 - 15:53 | 4673754 NOTaREALmerican
NOTaREALmerican's picture

You were paying for your parents generation.    It's nothing but an intergenerational ponzi scam.   

Fri, 04/18/2014 - 16:12 | 4673792 BigRedRider
BigRedRider's picture

That's right.  Now shut up and work to make my monthly bennies.  If you're smart, you'll pay to put your kids through college so they can get nice paying jobs to pay your way through retirement.  You know if you fail to do this, you break the link and you don't get shit for retirement, Christmas, Easter, or Father's Day.

Fri, 04/18/2014 - 16:29 | 4673830 lakecity55
lakecity55's picture

"Girls, nothing for Daddy this Fathers' Day. Write a check to the SS fund for me."

Fri, 04/18/2014 - 16:21 | 4673812 Unknown Poster
Unknown Poster's picture

Spot on. With geezers living longer and fewer workers, the wheels will come off this gravy train.

Fri, 04/18/2014 - 19:19 | 4674321 PT
PT's picture

We got machines that let one man do the job of a hundred.  No need for anyone to starve.

 

 

Yes, yes, some jobs still don't use those machines so one man can only do the job of one man, but it still averages out quite high.  No need to panic but you do need to think.  Oh hang on, cancel that.  You're doomed.

Fri, 04/18/2014 - 19:30 | 4674353 Unknown Poster
Unknown Poster's picture

Robots don't pay into social security.

Fri, 04/18/2014 - 19:55 | 4674416 PT
PT's picture

But they do let one man do the job of a hundred so the production is actually there to cater for the masses.  The one thing that actually matters is production.  (Okay, the next thing that matters is distribution.)

Fri, 04/18/2014 - 20:15 | 4674471 Unknown Poster
Unknown Poster's picture

Social security is still a ponzi scheme.

Sure robots are increasing production, but that isn't working out too well for those without a job. EBT, SNAP, social security and the rest of the programs aren't sustainable. BTW I am not doomed, I am ENTITLED to your stuff. ;)

Fri, 04/18/2014 - 21:13 | 4674634 Zero Govt
Zero Govt's picture

if the men stayed in production there'd be considerably less capital available for new investment ...the cheaper robots increase capital available 

Fri, 04/18/2014 - 22:20 | 4674757 Unknown Poster
Unknown Poster's picture

Zero government, now thats something to get closer to.

Where labor is cheap producers are less likely to use machines. Chicken farming and egg handling are more expensive to start up using modern techniques, but cheaper in the long run if labor is high.

Fri, 04/18/2014 - 22:28 | 4674776 slightlyskeptical
slightlyskeptical's picture

 Ultimately, as efficiency improves, the avaiable market for the goods produced gets smaller and smaller. It's really simple math....welfare keeps the market moving and those who still work, working. Welfare is a product of greed and not compassion. A world where welfare was not needed ,would be a world where power and great wealth would be much harder to achieve.

Let's face it, if everyone was employed in some type of productive capacity we would only need to work 15-20 hours per week to produce everything we want resource permitting. The alternative is simply death of the majority of the population. Choose your sides wisely.

Fri, 04/18/2014 - 22:17 | 4674744 PT
PT's picture

Funny that.  Some people are unemployed and yet others are putting in 70 hour weeks and still being told that they don't work hard enough.  Why can't they just hire one more person and have 2 people working 35 hour weeks?

One guy works 84 hours per week for 2 grand per week, another guy works 84 hours per week for 20 grand per week.  Where are the people who work 42 hours per week for ten grand?  Or 21 hours per week for 5 grand?  (Maybe I just don't hear about them.)  

Like I said, our second problem is distribution.

Our first problem is production.  But if that was really a problem at the moment then we wouldn't have channel stuffing.  We got resources.  We got production.  We got labour.  We even got plenty of labour left over.  And we can't run our machines at full capacity because they produce too much.  But no-one can afford to buy anything.  We got a "money in the wrong place" problem.  And that is an imaginary problem that is creating real world problems - the tail is currently wagging the dog.  The production is there.  The productive capacity is there.  The labour is available.  We have a distribution problem.

 

 

 

 

 

 

Okay, the little flaw in the above argument is that we may have a resource problem.  But for some reason that doesn't stop us from building houses that no-one can afford to buy, be it in "capitalist" US or "Communist" China ( sorry about the words in quotes, I know I'm taking great liberties by using them ).  It doesn't stop us from building residential units 20 miles away from retail units and commerce units.  It doesn't stop high rises from being built beyond the point of diminishing returns.  It doesn't stop my govt (at least) from paying people to produce more "self-reproducing resource consuming units" (i.e. babies).   So the plebs have to learn to do without due to oil shortages.  Well, why do they still have to work so hard???  If they only earn half as much, can't they take 6 months off?

Fri, 04/18/2014 - 22:38 | 4674796 Unknown Poster
Unknown Poster's picture

Individuals make their choices based on the rewards they perceive, the costs and the rules they have to operate under. The government says they know what is best for society. They haven't convinced me. The whole shitshow is messed up, but most people want happy news and someone to take care of them.

Distribution and production are usually decided by prices not beaurocrats. That's why communism doesn't work.

Fri, 04/18/2014 - 22:56 | 4674819 PT
PT's picture

Yeah, fuck communism.  But fuck capitalism too.  It doesn't quite work as advertised.  Fuck the whole capitalist / communist dichotomy.  Extra brain cells will be required.

Sat, 04/19/2014 - 12:35 | 4675618 DontGive
DontGive's picture

This whole distribution problem has been solved with EBT cards. You don't even need to leave your house to get it refilled. It happens like fuckin magic!

 

Your head is up your ass son, if you are really serious.

Fri, 04/18/2014 - 17:10 | 4673961 Greenskeeper_Carl
Greenskeeper_Carl's picture

I sure would love for one of the people who down voted you to explain themselves. If you have a difference of opinion, explain yourself, dont just throw out reds like a coward. Please explain to me how what older generations have done to us is any different than if I took out a credit card in my 6 month old sons name, proceeded to run up 100k in debt on vacations, cruises, maintaining my lifestyle, then hand him the bill as soon as he graduates and tell him to get to work paying it. Because that is EXACTLY what older Americans have done to their children, grand children, and every other generation. Don't give me that 'we paid for it' crap either, you will end up getting many times what you paid into it, at our expense, it most definitely is a Ponzi scheme, is immoral, and is unconstitutional. And since the system REQUIRES our money to go into the govt and then right back out to you to maintain the illusion of solvency, we can't even be allowed to opt out. Thanks a lot, boomers.

Fri, 04/18/2014 - 17:25 | 4673991 James_Cole
James_Cole's picture

Thanks a lot, boomers.

 

Wait'll your son hears about all the shit that went down on your watch, because national and international policy is entirely the fault of avg folks.

Oh wait, I'm sorry you're one of those heroes - someone who has figured it all out! Incredible that you have the balls to gallantly blame current problems squarely on the shoulders of avg folks from prior generations. I hope you keep a printout of your internet posts, your son will be so proud!

 

Ain't it grand when the peons fight among themselves? 

Fri, 04/18/2014 - 18:53 | 4674247 Greenskeeper_Carl
Greenskeeper_Carl's picture

I don't claim to have it all figured out, but I will claim to have a better grasp than most. Social security is the very definition of a Ponzi scheme. Boomers will never tolerate a govt that doesn't give them 'what they've earned' that is why you will never see a mainstream politician call it like it is and win in this country. And yes, I do place blame on the shoulders of average folks from prior generations. (Folks? Good choice of words, guess who you sound like?) the vast majority of boomers have voted to continue this farce for decades. The average pion, as you call them, has voted for to pass along this bill for their retirement onto future generations. They have abjucated saving for retirement onto their children and grand children. 'Fuck you, I've got mine'. And you didn't answer my question, about how it is any different than me opening up a credit account in my sons name, running up 100k on it, then giving him the bill once he enters the work force. Please, enlighten us all, tell us how it is different?

Fri, 04/18/2014 - 19:56 | 4674420 James_Cole
James_Cole's picture

They have abjucated saving for retirement onto their children and grand children. 'Fuck you, I've got mine'. 

http://upload.wikimedia.org/wikipedia/en/3/3c/Real_gdp_per_capita.png

Yeah, they didn't earn any of it for sure. 

All you're doing is feeding into an idiotic argument perpetrated by the propagandists to turn regular workerbees against each other. 

Who actually robbed social security? Who stole trillions of wealth during the greatest (and only most recent) bank heist of all time? How many pensions have gone up in smoke so a bunch of financially connected assholes can buy bigger boats? Yet you want to lay the blame at people getting a tiny pay out from social security???

And you didn't answer my question, about how it is any different than me opening up a credit account in my sons name, running up 100k on it, then giving him the bill once he enters the work force. Please, enlighten us all, tell us how it is different?

When revenues exceed expenditures, as they did between 1983 and 2009,[54] the excess is invested in special series, non-marketable U.S. Government bonds. Thus, the Social Security Trust Fund indirectly finances the federal government's general purpose deficit spending. In 2007, the cumulative excess of Social Security taxes and interest received over benefits paid out stood at $2.2 trillion.

Not exactly the same as running up a credit card and handing the bill..that would be what Americas wonderful banking institutions have been doing since oh... 1913.

Fri, 04/18/2014 - 20:17 | 4674458 deflator
deflator's picture

Who actually robbed social security?

 The money went through the hands of the government thus allowing them to grow beyond what citizens of the time would have allowed. FIAT is loosely translated from Latin as "let it be so" or, "by decree". Once the citizens allowed money to be created by decree they allowed servants to be their masters.

Fri, 04/18/2014 - 20:24 | 4674489 Greenskeeper_Carl
Greenskeeper_Carl's picture

THERE SHOULD BE NO SOCIAL SECURITY. Yes, it is exactly the same as running up a credit card and handing over the bill. All of it enabled by the fed since 1913. Nothing of what you said counters the FACT the SS is a ponzi scheme. It doesnt matter if the banks, govt, whoever stole, voted for it, created it. It is theft. It is being stolen from young people, given to the govt, who then pass some of it back out to old people. Voting for this system for decades is the same as what I described above. It is unsustainable. And even if some accounting/taxing magic made it sustainable, it is unconstitutional.

Fri, 04/18/2014 - 20:49 | 4674569 James_Cole
James_Cole's picture

THERE SHOULD BE NO SOCIAL SECURITY. Yes, it is exactly the same as running up a credit card and handing over the bill. All of it enabled by the fed since 1913. Nothing of what you said counters the FACT the SS is a ponzi scheme.

Whether Social Security is constitutional or not is... TOTALLY IRRELEVANT TO WHAT WE WERE DISCUSSING. For the love of gawd can't anyone squeeze two brain cells together and stay on topic?

As far as being a ponzi scheme / credit card bill pass along. It is factually not a ponzi scheme until you consider how the government used the funds post Greenspan reform (where he turned it into a funnel for money to wall street & reagans war buddies). If the money had been left in trust it wouldn't be heading toward insolvency. Again... another separate issue in that the boomers cannot logically be held fully responsible for the actions of lying governments. 

The discussion originally was you blaming the boomers (Thanks a lot, boomers.) for the current state of affairs, which would only make sense if things took a drastically better turn since you arrived on planet Earth. 'Cause if shit has been the same or (heaven forbid) gotten worse since you were born I presume you are expecting your son to be awfully disappointed in what a giant fuck up you are. 

Fri, 04/18/2014 - 21:49 | 4674606 nmewn
nmewn's picture

"It is factually not a ponzi scheme until you consider how the government used the funds post Greenspan reform (where he turned it into a funnel for money to wall street & reagans war buddies)."

I think you're getting Reagan & LBJ confused, somehow...lol.

It was during LBJ's administration that the funds DIVERTED from peoples pay checks for a specific purpose, started going into the general fund, something to do with balancing budgets during Nam, if I recall.

/////////

I'll take the non-response as an affirmation of my recollection ;-)

Fri, 04/18/2014 - 22:53 | 4674814 slightlyskeptical
slightlyskeptical's picture

Social security's sole investment since the beginning of the programhas always been US Treasury Bonds. The governemnt always took the money and sent it. It was never in a lockbox, it just wasn't always a part of the general budget.

Social security is very fixable. We need Treasury to directly print the dollars that are owed them. Put it in a lockbox untouchable by the government. Then let Social Security be the primary mortgage lender to America. You have to be a citizen. You need to be paying into S.S. at a level sufficient to reflect you can afford the mortgage. If you default you lose your S.S. benefits until default is cured. You don't kicked out unless your future expected benefits are less than what you owe.  If the program proves successful then let government pension funds do the same.  It is insane to rely on future tax payments as the income source for the money we are putting away.

Fri, 04/18/2014 - 23:07 | 4674835 nmewn
nmewn's picture

Social security always relied on more workers paying in than older people taking out. It was always a socialist ponzi scheme. And I can't emphasize that enough.

There is no "lock box" strong enough kept in the care of politicians that would prevent them from raiding it. There is no "trust fund". There is only worthless pieces of paper and the promises that cannot be kept by people who are now long dead.

You already have seventeen trillion examples as proof of this, its time to stop lying to ourselves.

If debt means nothing, why do we repay it? If work means nothing, why do they tax it?

Sat, 04/19/2014 - 07:02 | 4675141 Greenskeeper_Carl
Greenskeeper_Carl's picture

Thank you. It relied on most people dying before they were old enough to collect it. There used to be over 40 workers paying into it for each old person receiving benefits. I should no better than to bother arguing with James cole by now. I really don't understand why that guy comes to this site, he seems much better suited to the lib sites. But yes, it most definitely is a socialist Ponzi scheme, ad it relies on gullible idiots like him to keep feeding money to it, and it relies on people to believe that it is somehow sustainable. At 29, I have accepted that I will be forced to pay into it my whole life, but will likely never get anything out of it. As will my children. I feel sorry for Te really young. All this deficit spending is taxation without representation, and they are going to inherit a country far worse than that of their grandparents.

Fri, 04/18/2014 - 21:42 | 4674697 mumbo_jumbo
mumbo_jumbo's picture

James_Cole,

 

the sheep are easily confused.

Fri, 04/18/2014 - 18:26 | 4674159 zanez
zanez's picture

My Mom and Dad both collect Social Security and work full time, putting them in both the worker and moocher categories.

I own a business, but do not receive a paycheck, so I probably am not counted among th 86M full-time workers, though I work about 60 hours per week.

Fri, 04/18/2014 - 15:27 | 4673696 jimmytorpedo
jimmytorpedo's picture

He lies.

Always.

Fri, 04/18/2014 - 16:27 | 4673825 lakecity55
lakecity55's picture

Even his lies lie.

Fri, 04/18/2014 - 21:08 | 4674618 Zero Govt
Zero Govt's picture

and when he isn't lying he's still full of bull

Fri, 04/18/2014 - 15:32 | 4673707 Fix-ItSilly
Fix-ItSilly's picture

The scare mongering and scapegoating overwhelms a few good points.

Soc Sec outflow is a well understood phenomena.  That is why most all its recipients paid into the system.

Disability?  Heck, just look at Govt and quasi Govt workers who load up this system.  Especially transit workers like conductors.

And anyone who thinks they can prove a point by projecting out 75 years is nuts.  Fun with numbers is a childs game.

Fri, 04/18/2014 - 15:35 | 4673712 prains
prains's picture

What percentage is rent seeking, skim, graft and assorted thievery by the 0.1%

Fri, 04/18/2014 - 16:04 | 4673780 NOTaREALmerican
NOTaREALmerican's picture

You mean the job creators?

Fri, 04/18/2014 - 17:07 | 4673949 James_Cole
James_Cole's picture

This is when Reagan and Greenspan officially & unambiguously started the great theft of social security funds & turned it into a .gov ponzi scheme: 

http://en.wikipedia.org/wiki/Greenspan_Commission

 Congress passed the Social Security Amendments of 1983, which included a hefty increase in the payroll tax rate. The tax increase was designed to generate large Social Security surpluses for the next 30 years. The public was led to believe that the surplus money would be saved and invested in marketable U.S. Treasury Bonds, which could later be resold to raise cash with which to pay benefits to the boomers. But that didn’t happen. The money was all deposited directly into the general fund and used for non-Social Security purposes. Reagan spent every dime of the surplus Social Security revenue, which came in during his presidency, on general government operations. His successor, George H.W. Bush, used the surplus money as a giant slush fund, and both Bill Clinton and George W. Bush looted and spent all of the Social Security surplus revenue that flowed in during their presidencies. 

http://www.fedsmith.com/2013/10/11/ronald-reagan-and-the-great-social-se...

Fri, 04/18/2014 - 19:44 | 4674381 PT
PT's picture

... cos the average yob in the street couldn't possibly create a job for himself - he has no capital!

... for the US or for China?

... but when they sack people they're just being "efficient".

... who cares if they replace ten high paying jobs with one low wage job?  Again, they're being efficient!  Cheaper nicknacks for all!  Who cares about a 50% pay cut when prices are 15% cheaper?!!!  And who cares if nicknacks break in six months instead of lasting 60 years?  They're cheaper!  And you go out and buy another one and that creates jobs!!!!  (err, especially in China, lots of jobs created in China.  Good thing they have us to buy all their shit because they can't afford to buy anything.  See how we do them a favour? ...)

... but we have to keep the price of real estate high so we can all be richer.  Don't worry about trying to compete with foreign countries 'coz, 'coz, ummmmm we're smarter!  Yeah, that's it!

... we have to give them land discounts and tax discounts so that they can compete with your business and stay competitive and if you can't negotiate land, rates and tax discounts then obviously you don't deserve to be in business because you don't know how to be competitive and they promised me that they would creeee-ate jobs and you would only create one over-paid job for yourself where as they will create one underpaid job, err, maybe for you or else maybe for someone else so just shut up and be grateful you selfish prick or you'll get no job at all and then you'll just be a free-loader like the rest of them and that's why they are richer than you and ...

Fri, 04/18/2014 - 16:21 | 4673811 TrustbutVerify
TrustbutVerify's picture

Huh?

Fri, 04/18/2014 - 16:36 | 4673855 prains
prains's picture

....the tricklers

 

who trickle for our benefit

Fri, 04/18/2014 - 16:52 | 4673906 logicalman
logicalman's picture

The only trickle from the .01% that will benefit humanity will be their last drops of blood.

 

Fri, 04/18/2014 - 19:07 | 4674287 LedMizer
LedMizer's picture

I use to trickle once in a while but I saw a doctor and got rid of it.

Fri, 04/18/2014 - 19:48 | 4674395 PT
PT's picture

Aaah, yes, the well-known trickle-on effect.  Or as Ma-green Spantionette would say:  "Let them eat crumbs!"

Fri, 04/18/2014 - 16:59 | 4673934 ebworthen
ebworthen's picture

Yeah, I don't see the $17 Trillion that went to Wall Street in that dollar.

Fri, 04/18/2014 - 20:08 | 4674456 PT
PT's picture

Nor do I see their tax exemptions, rates exemptions or real estate deals.

Maybe the payments for mortgage backed securities got lumped under "welfare"?

Or maybe the dollar above refers to the dollar coming in, not the dollar-fifty going out?  (But I checked.  It definitely said the dollar going out.)

Oooooooohhh, hang on.  I get it.  All that money that went to Wall St was lent to them, remember?  They're gonna pay it back! - nudge, nudge, wink wink!  With interest! wink -nudge!  You might want to try the assets column!

Fri, 04/18/2014 - 15:39 | 4673721 Central Ohio
Central Ohio's picture

Every time I read a story like this it reminds me of a documentary on Bethlehem Steel.  It goes through some of the life cycle theories presented on ZH.  Paraphrasing what a former worker used about the demise of BS, "everybody got theirs, stockholder, management, labor.  But nobody kept up the mills and looked ahead."  ( https://www.youtube.com/watch?v=2QTGiHOZZFU ) Sounds like the state of the US right now.

Fri, 04/18/2014 - 16:00 | 4673773 NOTaREALmerican
NOTaREALmerican's picture

Unless there's something to cause people to collectively need something (like a common enemy) grabbing all you can immidiately is the only logical course of action because you KNOW the smart-n-savvy people will surely be doing so.

Fri, 04/18/2014 - 16:27 | 4673826 TrustbutVerify
TrustbutVerify's picture

I didn't watch all of the video you include but right-off-the-bat I did notice it was a PBS presentation so I will assume its only half (or less0 of the whole story. 

But the consideration it presents does have merit. 

 

By the way, where were the clothes you are presently wearing made?  

Fri, 04/18/2014 - 16:37 | 4673856 wackydog
wackydog's picture

It is a lot like those times. I lived through them.

Fri, 04/18/2014 - 16:40 | 4673867 ugmug
ugmug's picture

I remember when I was young I'd listen to Bethlehem Steel workers in a bar boasting that they'll never close down the steel mill. The union bastards couldn't comprehend their own greedy demise as they were sitting on a bar stool forever talking about going out on strike.

 

Fri, 04/18/2014 - 15:43 | 4673729 ParkAveFlasher
ParkAveFlasher's picture

"You are hereby entitled, by paying your property tax, to not be forcibly removed from your property.  A gift to you."

Fri, 04/18/2014 - 15:56 | 4673764 NotApplicable
NotApplicable's picture

Gee, since you put it that way, I guess I'll finally go pay 2012's property tax in order to avoid this summer's tax lien sale.

So... should I make the check out to "Extortion R Us" or "Drone Protection Services?"

I'll report back on how happy the clerk is after I ask them if they like being a home-stealing criminal.

Fri, 04/18/2014 - 16:11 | 4673791 ParkAveFlasher
ParkAveFlasher's picture

There are some hardcore mf'er's on these here threads.

Fri, 04/18/2014 - 16:22 | 4673814 NotApplicable
NotApplicable's picture

Well, I guess I'm all talk, as I didn't have heart to ruin the nice/stupid lady's day, this time.

Instead I remained completely silent, choosing to display my "I'm not amused face."

They should like me though, as a full third of the bill was penalties for not being obedient enough to pay it 16 months ago.

Fri, 04/18/2014 - 16:20 | 4673809 lakecity55
lakecity55's picture

You should only pay a "tax" to hook up to water, power, and the office supplies at the county courthouse ONCE per property for life. Same with a car, etc.

A flat sales tax will have to pay for everything else. No moar MRAPS, Apaches and F-16s for the local cops.

Fri, 04/18/2014 - 16:26 | 4673823 Tengri Temujin
Tengri Temujin's picture

Let's get rid of property taxes for people living outside of cities who don't use city infrastructure

Fri, 04/18/2014 - 16:59 | 4673924 logicalman
logicalman's picture

Let's get rid of all taxes, other than excise taxes.

The Tax code would come down to a single page.

No loopholes for the rich. Food, Clothing and Residence - No tax

Booze, smokes all the stuff you don't really need - tax

Fancy cars - TAX

Tax accountants/lawyers join the unemployment line.

IRS ceases to exist.

That way, the rich pay their fair share, no ifs, and or buts.

If you don't want to pay the tax, you can do without the item - your choice.

Just a thought.

Fri, 04/18/2014 - 19:21 | 4674330 MEAN BUSINESS
MEAN BUSINESS's picture

logicalman, that's the thinking behind the FAIRTAX.org Libertarian 2012 POTUS candidate Gary Johnson was looking at. Funny there isn't more debate here at ZH about it as it lives on in the ways and means Camp

Fri, 04/18/2014 - 15:45 | 4673732 moneybots
moneybots's picture

"Barack Obama promised to “transform” America, and yet poverty and government dependence have just continued to grow during his presidency."

 

That is what he is transforming America into. 

 

"The long-term solution is to get more Americans working or starting their own businesses, but the federal government continues to pursue policies that are absolutely killing the creation of jobs and the creation of small businesses in this country.  So our epidemic of government dependence is going to continue to get worse."

 

Transformation.

 

Fri, 04/18/2014 - 15:57 | 4673735 BeagleOne
BeagleOne's picture

Quoting Fox News and the Heritage Foundation is endorsing misinformation and lying at its best...

Fri, 04/18/2014 - 16:17 | 4673804 lakecity55
lakecity55's picture

Fawks News=MSM.

Fri, 04/18/2014 - 16:19 | 4673806 yochananmichael
yochananmichael's picture

No time , msnbc, ABC,CBS,the NYtimes is

Fri, 04/18/2014 - 16:30 | 4673838 TrustbutVerify
TrustbutVerify's picture

Sir...Look at the numbers.   

Fri, 04/18/2014 - 15:49 | 4673738 The_Golden_Path
The_Golden_Path's picture

Shouldn't it be frowned upon to segragate Federal Income Tax from Social Security and Medicare?  It always bothered me, it should be all federal tax.  The way they have it set up makes people think "I'm spending so much on war!!".  Although we do indeed spend to much on war, taxes are taxes and the segragation prevents the non-thinking man to understand how much we are paying to the government.  People think "We are paying into Social Security and Medicare for our retirement!".  No your not, you'll get a quarter back what you pay in and will have to thank the man that gives it to you. 

http://www.whitehouse.gov/2013-taxreceipt

Fri, 04/18/2014 - 17:03 | 4673936 Omen IV
Omen IV's picture

Are you paid by the Peterson Foundation ?

the arguement is spurious at best and is at worst incidious propaganda

SSI - is and was billed as an INSURANCE Program - the associated annunity was a function of standard actuary tables of life expectancy  - to the extent the payment contributions  have fell behind  the anticipated liability is not a function of the integrity of the program but the politics of the oligarchy controlling the republican and democratic parties - easily remidied to % of "all" compensation regardless of source - in which case it is solvent to the next millenium and / or increase the Treasury rate yield / or allow the resources (to include spectrum for cell / radio / tv/ internet) /OWNED BY THE PEOPLE TO BE A MARKET ROYALTY - rather than the current joke %

 the rest of TAXES PAID SHOULD BE EXPLICIT AS TO WAR related - so people could directly vote on the use of funds

bundling and or obscuring the use of funds is fraud!

 

Fri, 04/18/2014 - 15:52 | 4673740 kurt
kurt's picture

Shitballs!

Richey Rich's mouthpieces never take a rest. As soon as you see "entitlement" think Blackrock War on Social Security. These monsters are on a slow grift to privatize ie. STEAL what they see as a big fat piece of mutton.

Do not let their persistence sway you. They're trying to build an unreasoning, visceral reaction, an odd mix of resentment, jelousy and anger, that you might think that SOMEBODY beside you is getting a sweet deal.

That somebody is the .01% NOT some old, retired telephone pole climber.

The BIG FAT MONEY PIG is DEFENCE... look to them for WASTE, Corruption, and theft.

Fri, 04/18/2014 - 15:51 | 4673747 NOTaREALmerican
NOTaREALmerican's picture

Git yer goddamn libertarian commy hands off my Medicare Scooter you goddamn socialists,  I'm entitled to that Medicare.   Why don't you go after those goddamn socialist programs like Obamacare !   I worked my goddamn ass off at General Dynamics my entire goddamn life and never took a goddamn government hand-out in my entire goddamn life either; unlike all these goddamn people on their goddamn welfare.  

Fri, 04/18/2014 - 16:54 | 4673911 ebear
ebear's picture

and while you're at it, GET OFF MY LAWN!

Fri, 04/18/2014 - 17:37 | 4674020 kurt
kurt's picture

I support your passion. Watch out though because they're trying to DIRECT your anger. The welfare I object to is the gaming of commodities,  monopoly pricing, insider banking handouts, $10,000 toilet seats and other scams. 

Fri, 04/18/2014 - 15:52 | 4673751 meh hear
meh hear's picture

Social Security is not tax money it is a trust fund. We have paid into it all our working lives. Totally bogus post.

Fri, 04/18/2014 - 15:58 | 4673761 NOTaREALmerican
NOTaREALmerican's picture

You paid for your parent's generation,  I paid for my,  the young dumbasses are paying for their parents.   It's nothing but a ponzi scam.  

Who do you thing paid for the first OldFart?  

And who is paying for all the hip replacement surgeries?  The OldFarts are just more welfare leaches.  

Disclaimer:  I'm almost and old fart and plan to milk it for all it's worth,  just like the duplicitous assholes before me.

Fri, 04/18/2014 - 16:04 | 4673782 i_call_you_my_base
i_call_you_my_base's picture

If SS ended, things probably wouldn't be much different. We'd just make the payments directly to our parents and elderly family members. Some may be inclined to save more, but I doubt that it would be many.

Fri, 04/18/2014 - 16:19 | 4673807 NOTaREALmerican
NOTaREALmerican's picture

Re:  things probably wouldn't be much different

Until all the worthless OldFarts who never saved a day in their lives were all crying on TV and the people voted in a socialist government to keep granny from dieing on the street. 

Fri, 04/18/2014 - 17:43 | 4674037 kurt
kurt's picture

Yes, in addition to what you're paying now. Did you ever see taxes once started go away? I''ve decided to be more compassionate so I will not call you a dumb asshole.

Fri, 04/18/2014 - 16:43 | 4673881 yochananmichael
yochananmichael's picture

People should be entitled to what they paid in. Not a penny more.

Fri, 04/18/2014 - 16:58 | 4673907 NOTaREALmerican
NOTaREALmerican's picture

Re:  People should be entitled to what they paid in.

Yeah,  fine,  that's called insurance.   SS and OldFart Socialist Medican were setup as a generational transfer scam.   Works great when you have lots of young dumbasses and the OldFarts are honorable enough to die off quickly.   But,  living until 90+ and taking a cruise every year along with a new hip wasn't quite "costed" in.  

Fri, 04/18/2014 - 15:58 | 4673770 NotApplicable
NotApplicable's picture

Too bad there's not a single penny in this so-called "trust."

Fri, 04/18/2014 - 16:15 | 4673799 lakecity55
lakecity55's picture

It's there, if you use your "imagination," hohoho.

Fri, 04/18/2014 - 16:21 | 4673813 zaphod42
zaphod42's picture

NA:  All of the money in the Social Security Trust is held in Treasury Notes...  generally considered as safe as anything out there, or safer since, if they become worthless that means the final crash has happened and nothing is worth a shit anyway.

 

Well, for the time being China holds a lot of them as well, and ya know we can't screw the Chinese!!  They manufacture everything we use today.   Mostly...

 

 

Craig

Fri, 04/18/2014 - 16:28 | 4673828 NotApplicable
NotApplicable's picture

What's so safe about a "special issue" Treasury bond, when the only entity who can buy them is the US government?

Tell me, where do you think they get the money to buy them with again?????

http://dailyreckoning.com/whats-really-in-the-social-security-trust-fund/

Fri, 04/18/2014 - 16:16 | 4673803 yochananmichael
yochananmichael's picture

That's because the first few generations got far more out than they put in .

Fri, 04/18/2014 - 16:33 | 4673844 TrustbutVerify
TrustbutVerify's picture

Trust fund...LOL!  Good one!

Fri, 04/18/2014 - 16:48 | 4673894 Accounting101
Accounting101's picture

That trust fund produced real money over the last thirty years. What would that $17 trillion national debt that lives up your ass be without the "fake" trust fund?

Fri, 04/18/2014 - 17:00 | 4673935 logicalman
logicalman's picture

It's been sold as a trust fund.

It works as a tax.

Fri, 04/18/2014 - 18:06 | 4674097 Emergency Ward
Emergency Ward's picture

It's in a lock box, right?

Fri, 04/18/2014 - 15:54 | 4673757 Caveman93
Caveman93's picture

Cannot pay into any "system" with no fucking job so what's the point of this article again?

Fri, 04/18/2014 - 15:57 | 4673765 NOTaREALmerican
NOTaREALmerican's picture

That you should find a scam and milk it.    What else is there?

Fri, 04/18/2014 - 16:29 | 4673833 NotApplicable
NotApplicable's picture

Yep, in this system you can be a criminal, or a victim. The only other alternative is being destitute.

Fri, 04/18/2014 - 16:44 | 4673884 toady
toady's picture

Work it baby!

I'm just a couple thousand a year over Medicaid & snap... I just can't get down to it! Maybe if I take the summer off it'll happen 

The paperwork and hoops are just ridiculous though.  It took 4 redos and 6 months just to get rejected. What's it gonna take to get approved? Gotta know someone who knows someone? 

Fri, 04/18/2014 - 15:56 | 4673762 lakecity55
lakecity55's picture

At first, I thought they were coming out with new George Washingtons in Monopoly Money.

Fri, 04/18/2014 - 15:58 | 4673766 moneybots
moneybots's picture

"A Fox News poll released Wednesday shows that six out of every ten Americans believes that President Barack Obama lies to the American people, at least some of the time."

 

I don't trust ANY politician to tell the truth.  It is mostly a bunch of talking points they all parrot.

Fri, 04/18/2014 - 17:01 | 4673940 logicalman
logicalman's picture

How do you know when a politician is lying?

You can see his lips move.

Fri, 04/18/2014 - 15:57 | 4673768 debtor of last ...
debtor of last resort's picture

This hospitalisation creates the zombies on the streets you have to be prepared for when things collapse. These dependants, a lot of them, is collateral damage in the world ahead.

Fri, 04/18/2014 - 16:03 | 4673777 rational
Fri, 04/18/2014 - 16:08 | 4673787 zaphod42
zaphod42's picture

As usual Heritage spins the stats:  just one example, number of women who work exceeds number receiving food stamps.  How many working also recieve food stamps?  How many Wal-Mart workers recieve food stamps?  

 

Want another?  Number of people receiving benefits?  How many are children, or retired people (including those who have millions of dollars income and get social security)?  How many of them are actually receiving pay for working for the government, how many are members of the Armed Forces, FBI, etc., etc., etc.?  In other words, HG always cherry picks dats sets to distort the message.    

 

Don't panic folks... it is not as bad as that spin.  Of course, we are in a heap of doo doo anyway, and need far less government than we buy.  Just try to keep a skeptical perspective.  

 

Your stats are screwed when you do not properly filter.  

 

Just saying...

 

Craig

Fri, 04/18/2014 - 16:14 | 4673797 lakecity55
lakecity55's picture

How about the fakery of connected (mob term) businesses which do not pay taxes (GE)???

Fri, 04/18/2014 - 17:00 | 4673937 malek
malek's picture

Ahem - food stamps are paid from gov't tax receipts (not FICA receipts).
And not all workers pay income taxes after deductions and credits, as you might have heard before.

So the picture could very well be even worse from a payers to recipients ratio.

Sat, 04/19/2014 - 12:40 | 4675634 the0ther
the0ther's picture

Listening to Heritage is about equally stupid as listening to Obummer. 

Fri, 04/18/2014 - 16:12 | 4673795 lakecity55
lakecity55's picture

OK, now I read the article after being blindsided by the counterfeit bill.

This is a fake article.

Correct me if I  am wrong.

26% of each dollar pays interest on the debt. I paid into SS, which is a "trust" (haha). so that = 50%.
I also pay those medicare taxes, so that = 75%. With an 18% tax to fund the MIC= 93%. I am paying 7% for the last 3 items, which = 100%.

I am also spending 26% on other items, whatever "net interest, income security and other bennies" is.

Ergo, I am 26 cents in the hole on each dollar=bankruptcy.

Somebody call the Treasury. We are broke.

Fri, 04/18/2014 - 16:14 | 4673798 yochananmichael
yochananmichael's picture

So why aren't the Keynesian assholes in our government making all these freeloaders dig a hole on Monday and fill it in on Tuesday only to redig on Wednesday etc...

Fri, 04/18/2014 - 16:16 | 4673802 NOTaREALmerican
NOTaREALmerican's picture

Because the OldFarts are all too busy on their cruises and getting new hips.    What do you think?

Fri, 04/18/2014 - 16:39 | 4673861 yochananmichael
yochananmichael's picture

They at least contributed something at some point in their life.

Fri, 04/18/2014 - 16:42 | 4673876 NOTaREALmerican
NOTaREALmerican's picture

Everybody loves the socialist scam they lived off of or got rich off of:  Big-Ag, Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Energy, Big-Ed, Big-House, Big-Fin, Big-OldFart, Big-OldFartHealthcare, Big-AntiDrug, & Big-PoliceState.

I like the ones I've been living off of for the last 20 years. 

The secret of happiness is self-delusion,  the secret of success is duplicity.  

Fri, 04/18/2014 - 16:46 | 4673889 robochess
robochess's picture

hey, a well super-derseved fuck you to you, asswipe!

Fri, 04/18/2014 - 16:15 | 4673800 safe as milk
safe as milk's picture

what the hell is income security anyhow?

Fri, 04/18/2014 - 16:17 | 4673805 NOTaREALmerican
NOTaREALmerican's picture

It keeps people from starving so they don't vote for socialists.   See how that works?

Fri, 04/18/2014 - 16:26 | 4673822 zaphod42
zaphod42's picture

I think that is what they pay directly to the Banksters as bribes so the Pols can stay in office.

 

Craig

Fri, 04/18/2014 - 16:23 | 4673816 Ban KKiller
Ban KKiller's picture

Paid in for all these years, I remember Kennedy, so now getting on the govt tit. Dropping out, tuning in ( to govt benefits) and turning on. Oh, and gardening. 

Prospects are excellent for expanding income but don't want to upset the new economy. 

Tear down the ruling class....or at least take away THEIR welfare. 

Fri, 04/18/2014 - 16:32 | 4673842 EconomicGenocide
EconomicGenocide's picture

And where does 100% of the Heritage Foundation monies come from???

It comes from the most corrupt, fraudulent, immoral, unethical, unconstitutional banking and financial system in the world! And pays NO taxes to create propaganda and to incite and encourage economic genocide on the poor and middle class so that their funding corporations can continue to pay slave wages.

This article fails to state that close to 100% of all those funds given out via SS, Medicare, Medicaid, SNAP and Welfare go right back into the system which benefits the corporations that fund the Heritage Foundation.

 

Fri, 04/18/2014 - 16:34 | 4673850 NOTaREALmerican
NOTaREALmerican's picture

Re:  And where does 100% of the Heritage Foundation monies come fromWHAT? 

They love slow-motion flags and eagles.   They are above reproach. 

Fri, 04/18/2014 - 16:47 | 4673890 EconomicGenocide
EconomicGenocide's picture

When someone from the Heritage Foundation can explain to me why the system has to pay Lloyd $100K a DAY in corporate welfare or the country will explode, than and only than will I complain about some homeless guy getting $200 a month in SNAP and some un wed mother of 2 getting $1200 a month in welfare.

 

QE could have been used to employ every single person in this country on SNAP and welfare and still had money left over to round up the bankers and Zionist for the gas chamber!

Fri, 04/18/2014 - 16:56 | 4673920 NOTaREALmerican
NOTaREALmerican's picture

Dude,  relax.   The smart-n-savvy run scams on dumbasses.  Just how life works.   Been that way for 10k+ years.   What do you think government and religion exist for?  The smart-n-savvy people create bullshit, pass it to the eagerly awaiting dumbasses who take the bullshit and convert it to soothing self delusion, and give the smart-n-savvy people their money and - often times - even let the smart-n-savvy people send  their kids off to be killed in pointless wars. 

Simple system that works perfectly.

Fri, 04/18/2014 - 16:43 | 4673880 Accounting101
Accounting101's picture

No why did you have to go and interject fact and reason into this? You messed up a real good false narrative.

Fri, 04/18/2014 - 16:35 | 4673847 Grouchy Marx
Grouchy Marx's picture

"(wealth redistribution)...In fact, at this point that is the primary function of the federal government."

Good point, and I never thought of it this way before. Regardless of the accuracy of minor details, this is seen everywhere. Isn't that the purpose of the ballot on voting day, to maximize what each one can grab from the public till?
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