Government Handouts Top Tax Income For First Time Since 1936…
All hail the welfare state!
Via Fiscal Times:
For the first time since the Great Depression, households are receiving more income from the government than they are paying the government in taxes. The combination of more cash from various programs, called transfer payments, and lower taxes has been a double-barreled boost to consumers’ buying power, while also blowing a hole in the deficit. The 1930s offer a cautionary tale: The only other time government income support exceeded taxes paid was from 1931 to 1936. That trend reversed in 1936, after a recovery was underway, and the economy fell back into a second leg of recession during 1937 and 1938.
HT: Ed Morrissey
Posted by ZIP on Monday, April 18, 2011, at 12:36 pm | 
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Planned Peasanthood
We are now Europe !!
hooray….
It’s a feature, not a bug.
And yet, the ONLY solultion the left has to handle this is to increase taxes – no thoughts of actually reversing this horrific trend or curtailing it.
ThomNJ says:
April 18, 2011 at 12:46 pm
And yet, the ONLY solultion the left has to handle this is to increase taxes – no thoughts of actually reversing this horrific trend or curtailing it.
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Cloward/Piven
It’s by design.
Has anyone broke that down to Illegals and Americans getting the handouts?
Last week I read that 70 percent of illegals in Texas were on Welfare and other government handout programs.. leaving about 35% American so if we stop catering to the freaking illegals MAYBE we can HELP the people who really need it.
But what do I know… I went to school in San Louis Obisbo. pretty ,pretty place..
None dare call it a Depression.
I wonder if this is the way that the Weather Underground types believe they can kill off the 25 million they wanted killed off in years past? Of course that number has been upped, but if this keeps up, they will not have to worry about lining us up and killing us, or setting off bombs. This is an act of terrorism on the American public. Killing off the middle class one welfare recipient at a time.
If the obama regime was not so anti-business, anti-oil, anti-coal, the red line for Taxes Paid would still exceed the blue line for Transfers of Income.
The money came from PRODUCTIVE Households and went to MOOCHER households. Communism at its simplest! Thanks to the demoncommies and the Great Pretender (special thanks to the RINOs over the years too)
HAIL, welfare state.
Hey, we also bring in thousands of elderly Russsians, eastern Europeans, etc every year and give them money and medical care. We actually allow sick elderly people into this country – people who have NO CHANCE of ever contributing to our society. That’s a great move – because of chain migration – we are bringing in people who contribute NOTHING to our country and only TAKE. Super, I am so effin’ happy I can’t stand it.
MSM says:
April 18, 2011 at 12:54 pm
None dare call it a Depression.
People tend to forget that the reason the Great Depression was so named was that the government was trying to avoid using the word “recession,” which had been the common term up to the 1930s.
In other words, everyone knew they were in a deep recession, but rather than say the dreaded “R” word they decided to try and minimize the downturn by calling it “just a depression,” i.e., not a recession. Of course, the “depression” dragged on and on to the point where it became the “Great Depression,” and ever since we’ve gone back to calling downturns “recessions,” the formerly-dread word, for fear of evoking “the” Depression.
Exactly what the Kommies want and have for decades…their agenda is about achieved.
Banana Republic anyone.
’12 needs to hurry it’s ass up and get here, before it’s too late.
I was told recently by a strapping young man shopping at Whole Foods that it is easy to get an EBT card. Just lie on the form at the welfare office. After all, everyone else is doing it, so he said.
sb.
What’s a EBT card? I seriously have no idea.
@ whthfk
electron food stamps card. I didn’t know either.
After I asked that question, my next question was, “People on Food Stamps shop at Whole Foods (aka Whole Paycheck)?”
That was when I got the brilliant answer noted above.
“…households are receiving more income from the government than they are paying the government in taxes….”
############################################
We just did our taxes…
We got whacked bad by the AMT…
which has never been corrected by Congress…
but often promised…
the AMT is the middle class tax..
not only had we paid thousands to to the government in paycheck taxes
but then owed a couple hundred more, after the taxman was done…
and forget NJ state taxes… we owed another $1,600 to the state..
married couples, it seems, pay a penalty in NJ
separately we pay more than enough taxes to the state…
but when we file jointly… penalty… too much income… need more tax money
the whole system is screwed up and beyond repair…
sb says:
After I asked that question, my next question was, “People on Food Stamps shop at Whole Foods (aka Whole Paycheck)?”
That was when I got the brilliant answer noted above.
Of course they shop at Whole Foods. It’s patriotic, since by doing so they are joining the First Lady’s fight against unhealthy eating and obesity.
I have to agree with John Difool that this is being done on purpose. The country is spending itself to death, and Obozo tells us that any attempt to curb the spending is a Republican plot to kill Jerry’s Kids or something. This is insanity.
@ buzzsaw,
Ah, but get this!!!!!! Whole Paycheck is not a union shop. How unpatriotic can you get? I am surprised the barry and is ilk haven’t gone after them.
Doesn’t Whole Foods sell chocolate-covered bacon? What will Moose say about that?
itterclinger says:
April 18, 2011 at 3:20 pm
Doesn’t Whole Foods sell chocolate-covered bacon? What will Moose say about that? back up the limo and fill her up.
@sb.
Thank you. so how the hell can the afford shopping there ? I mean the whole point is to make the food last all month is it not?..
That huge bump in the red line way back when? The start of WWII. Otherwise, those lines would be much closer together. The final part of the graph indicates that government isn’t getting enough income per transfer… but it doesn’t indicate which households are not putting enough into the kitty. Nor does it indicate whether the government transfers are worthy.