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Spengler

Obama Wants to Corrupt Americans Through Fear and Dependency

April 4th, 2012 - 4:51 am

Barack Obama knows whereof he rants when he denounced “Social Darwinism” in the Republican budget proposal. One number puts the president’s strategy in perspective:

Transfer Payment Receipts as a Percentage of All Personal Income

Source: Commerce Department

One out of five dollars that flow into the pockets of Americans comes from a government check (not counting wages and salaries). When Ronald Reagan was in office, it was about one in ten. As the chart makes clear, the last big jump is the result of the economic crisis of 2008. It hasn’t gone down. In fact, the median duration of unemployment keeps rising, to levels we haven’t seen since statistics were compiled.

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