Social Welfare Benefits Make Up 35 Percent Of Wages And Salaries This Year

| March 8, 2011

Yikes! Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement. Even as the economy has recovered, social welfare benefits make up 35 percent […]

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