Tuesday, June 09, 2009

AN IMPRESSIVE STATISTIC

I heard Mark Levin claim that 16.2% of total personal income in America in the 1st quarter of 2009 came from government payments and I was suspicious. Levin cited the BEA and I finally found that he is correct. (USA Today also reported this)

Here's a graph of how transfer payments have increased as the recession worsened.


No comments: