CNBC’s Fast Money: Welfare State: Handouts Make Up One-Third of U.S. Wages – CNBC


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.

via CNBC’s Fast Money: Welfare State: Handouts Make Up One-Third of U.S. Wages – CNBC.

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