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18%  
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Keyword: governmentshandouts

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  • US Government Entitlements - The Sixth Biggest Economy On Earth

    07/30/2016 4:53:34 PM PDT · by blam · 16 replies
    Zero Hedge ^ | 7-30-2016 | Tyler Durden - David Stockman
    Tyler Durden July 30, 2016 Excerpted from David Stockman's forthcoming book "Trumped! A Nation On The Brink... And How To Bring It Back" Because the main street economy is failing, the nation’s entitlement rolls have exploded. About 110 million citizens now receive some form of means tested benefits. When social security is included, more than 160 million citizens get checks from Washington. The total cost is now $3 trillion per year and rising rapidly. America’s entitlements sector, in fact, is the sixth biggest economy in the world.Yet in a society that is rapidly aging to the tune of 10,000 baby...