President Barack Obama has proved his adeptness at exploiting the vote pump: Dependence on government has increased by 23 percent under his administration, according to the Heritage Foundation 2012 Index of Dependence on Government.
More people than ever before — 67.3 million Americans — depend on the federal government for housing, food, income, student aid or other assistance. Consider: The nation committed more than 15 times the resources in 2010 than in 1962 to pay for people who depend on the government. More than 70 percent of the nation’s spending goes to dependence programs, up from 28.3 percent in 1962 and 48.5 percent in 1990. The Index grew 8.1 percent in 2010 alone.
So, lest you think the increase in dependence stems primarily from temporary, recession-related rises in flexible spending programs like the Supplemental Nutrition Assistance Program, note well that increased dependence has been a steady trend for the entire decade the Heritage Foundation has released its index.
At the same time, the percentage of the population that pays no federal income taxes whatsoever has also increased. In 1984, just 14.8 percent of Americans — or 34.8 million tax filers — paid no federal income taxes; in 2009, 49.5 percent — or 151.7 million tax filers — paid nothing.
Wednesday, February 08, 2012
We are in trouble sports fans....deeeep trouble.
Posted by traderrob at 3:30 PM