Saturday, December 8, 2012

God bless the printing money machine

God bless the printing money machine

Benefits for not working:

Food stamps:

 45.8 million people,  15% of the U.S. population
 Average food stamp benefit was $133.80 monthly per person
Total full-year cost = 73,536,480,000

Disability payments:

10.7 million people
The average  monthly benefit payment was $1,190
Total full-year cost = 152,796,000,000

Unemployment insurance:

The total number of people claiming
 benefits in all programs for the week
ending November 17 was 4,959,240
 The average weekly benefit payment was $376.  
Total full-year cost= 95,931,538,560

Benefits for not working
are increasing the incentive not to work.


Number of Social Security Beneficiaries
55,404,480

The average monthly Social Security benefit
 for a retired worker was about $1,230 at the
beginning of 2012.

Total full-year cost =817,770,124,800

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