Dec 3, 2013

It's enough to make you weep . . .


Courtesy of a link at Mish's place, here's a video that will either make your blood boil, or make you cry . . . perhaps both.





As Zero Hedge pointed out a year ago (click the chart for a larger view):

... perhaps the scariest chart in the entire presentation is the following summarizing the unsustainable welfare burden on current taxpayers:

  • For every 1.65 employed persons in the private sector, 1 person receives welfare assistance
  • For every 1.25 employed persons in the private sector, 1 person receives welfare assistance or works for the government.



Our taxes at work, folks - and by the way, don't blame the Obama administration alone for this.  It's been a long time coming, under the alternating leadership of both major political parties.  They both own this.  Click that link to see how it's developed since World War II.

Peter