Nealz Nuze

Posted: 9:23 a.m. Tuesday, April 19, 2011

Moocher Society 

Households are receiving more income from the government than  they are paying the government in taxes
Households are receiving more income from the government than they are paying the government in taxes

Previous Posts

By Neal Boortz

This growing trend can only lead to one thing: crippling our society. There comes a point when the few producers can no longer support the growing masses of moochers. We are rapidly approaching this point. As Paul Ryan says, this is the most predictable crisis in our history that we are facing. So take a look at these facts ..

For the first time since the Great Depression, households are receiving more income from the government than they are paying the government in taxes. The combination of more cash from various programs, called transfer payments, and lower taxes has been a double-barreled boost to consumers’ buying power, while also blowing a hole in the deficit. The 1930s offer a cautionary tale: The only other time government income support exceeded taxes paid was from 1931 to 1936. That trend reversed in 1936, after a recovery was underway, and the economy fell back into a second leg of recession during 1937 and 1938.

Congratulations Barack Obama for achieving a majority moocher society on your watch! A society where households are receiving more income from the government than they are paying in taxes. A liberal hack Community Organizer wouldn’t have it any other way.

 
 

Neal Boortz's Latest Tweets

 
 

© 2012 Cox Media Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.

Rovi Portions of Content Provided by Rovi Corporation. © 2012 Rovi Corporation

View mobile site