The Dangers of Government Handoutsby Gerri Willis
The trouble with government handouts is that once you get hooked on the free money - it's really hard to give it up.
And it doesn't matter what kind of entitlement you're getting -- just this week, for example, we learned that the executives at Solyndra applied for a second government grant after wasting half a billion dollars in federal loans.
The stereotype of somebody on the government dole is a welfare mother living in urban poverty but the reality today is that it could just as easily be a graduate of Stanford University who holds an MBA -- that's a fair description of Brian Harrison, the CEO of Solyndra.
Government dependency, it seems, is a disease that is spreading. Census data shows nearly half of U.S. households have at least one member receiving some type of government aid or benefit.
That percentage has skyrocketed over the last few decades - only about a third of American households received that kind of support back in the 1980s.
And that 48.5% is four percentage points higher than during the height of the recession in 2008! So we are more hooked on Uncle Sam now than ever.
While it's true that the population is aging and more people are receiving Social Security -- we know they are receiving benefits they've spent a lifetime paying for. But there are other ways that people get public dollars - like ObamaCare. There are also the government's stimulus programs and other benefits. So who gets what?
The average American got more than $7,400 in benefits last year. That's up from under $4,800 in 2000. And under $3,700 in 1990.
The Wall Street Journal points out: Lower income households were the largest share of recipients. More than a third of Americans lived in a home that utilized food stamps, welfare, Medicaid - and other means-tested programs.
Also, more than 14% have someone on Medicare... And nearly 16% are receiving Social Security benefits. Couple all this with record high unemployment - and you get nearly half of American households paying no federal income taxes this year!
And interestingly, the fastest growing proportion of people paying no taxes is in the middle class -- people making $75,000 to $100,000 a year - because of the burgeoning number of tax loopholes and deductions.
Look, this Administration prides itself on "looking out for the little guy" not having the government turn its back on any American in need. But when the President says he needs $447 billion for a jobs bill - somebody has to pay the price - that's us the taxpayer!
The overabundance of handouts and ridiculous spending is putting this country in need - and that could have disastrous consequences for us all.