This is not sustainable in anyone's econ book and is one of the reasons Stalin killed 50 million of his own people, almost all of them poor peasants.
Friday, December 07, 2012
Welfare Payments Exceed Median Earned Income
Welfare spending/ day/ poverty household is $168.00. The median income/ day of income earners is $137.00. Broken down per hour, welfare spending/ hour/ poverty household is $30.60. Median income earners make $25.02/ hour. Why would anyone not already in the top 2% want to work at all?
This is not sustainable in anyone's econ book and is one of the reasons Stalin killed 50 million of his own people, almost all of them poor peasants.
This is not sustainable in anyone's econ book and is one of the reasons Stalin killed 50 million of his own people, almost all of them poor peasants.
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