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View Full Version : Can we at least claim them as dependents?



T. Mac
07-11-2011, 01:13 PM
Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.

Even as the economy has recovered, social welfare benefits make up 35 percent of wages and salaries this year, up from 21 percent in 2000 and 10 percent in 1960, according to TrimTabs Investment Research using Bureau of Economic Analysis data. http://www.cnbc.com/id/41969508/Welfare_State_Handouts_Make_Up_One_Third_of_U_S_Wa ges

If you then factor in all the government "employees" who do earn a wage or salary, we in the private sector must be supporting over half the population!

T. Mac