Today, the "USA Today" published a somewhat enlightening article on the role the federal government is playing in our economic livelihood. Essentially, only 51% of all income earned by households last year was through wages and salaries; that is the lowest percentage in the USA's history. Nearly 20% of households' income came through government programs, with nearly 80% of that coming through entitlement and unemployment spending.
The full article can be read here: http://www.usatoday.com/news/nation/2011-04-26-government-payments-economy-medicare.htm. All in all, I think this is a worrisome trend (similar to problems Greece, Portugal, and Italy are dealing with now).
I will have more to talk about later (in terms of economic stagflation and congressional trash).
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