20% Of Personal Income Came From Social Programs Last Year.

Posted: July 12, 2011 in Uncategorized
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UNCLE SAM WANTS YOU TO TAKE THIS MONEY AND ARTIFICIALLY INFLATE THE ECONOMY.

An extraordinary amount of personal income is coming directly from the government.

Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics. In states hit hard by the downturn, like Arizona, Florida, Michigan and Ohio, residents derived even more of their income from the government.  — Full article here –> Economy Faces a Jolt as Benefit Checks Run Out

For those of you who will still argue the economy is rebounding take a look at the numbers.  2 out of 10 is 20%! That’s right 20% of our economy is made with fake money or social programs. This is not good.  When the jobless benefits end at years end watch out for a declining market.  In all reality the market will probably start dropping well before these benefits ware off.  Hopefully not the whole 20% but be sure to be in the right position when it happens.

 

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