Saturday, February 18, 2012

We Are So Screwed

Today's post is a little late, because it took me several hours to recover from seeing this chart (H/T Doug Ross for the link.)
The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year
... (Wyatt Emerich of The Cleveland Current) analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year."

Further highlighting what the entitlement state has done to us, note that someone working one week a month at a minimum wage job walks away with a disposable income of $31,630 (92% of the $60K wage earner).

For more discouragement visit the link.

And while you're at it take a look at this post, which identifies "The Forgotten 33%." (H/T again to Doug Ross)

That's the percentage of the American electorate that is not super-rich (the 1%), doesn't pay income taxes (46%), or doesn't work for the government (20%).

In other words, only one-third of Americans does not have a vested interest in supporting big government.

We're doomed...

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