Sunday, September 6, 2015

A very interesting set of numbers

Be sure to read to the bottom,!  I can hardly believe this!

The Cato Institute released an updated 2013 study (original study in 1955) showing that welfare benefits pay more than a minimum wage job in 33 states and the District of Columbia. Even worse, welfare pays more than $15 per hour in 13 states.
According to the study, welfare benefits have increased faster than minimum wage. It's now more profitable to sit at home than it is to earn an honest day's pay. 
            Hawaii is the biggest offender, where welfare recipients earn
            $29.13 per hour, or a $60,590 yearly salary, all for doing
            nothing.
            Here is the list of the states where the pre-tax equivalent
            "salary" that welfare recipients receive is higher than
            having a job:
            1. Hawaii:    $60,590
            2. District of Columbia: $50,820
            3. Massachusetts: $50,540
            4. Connecticut: $44,370
            5. New York: $43,700
            6. New Jersey: $43,450
            7. Rhode Island: $43,330
            8. Vermont: $42,350
            9. New Hampshire: $39,750
            10. Maryland: $38,160
            11. California: $37,160
            12. Oregon: $34,300
            13. Wyoming: $32,620
            14. Nevada: $29,820
            15. Minnesota: $29,350
            16. Delaware: $29,220
            17. Washington: $28,840
            18. North Dakota: $28,830
            19. Pennsylvania: $28,670
            20. New Mexico: $27,900
            21. Montana: $26,930
            22. South Dakota: $26,610
            23. Kansas: $26,490
            24. Michigan: $26,430
            25. Alaska: $26,400
            26. Ohio: $26,200
            27. North Carolina: $25,760
            28. West Virginia: $24,900
            29. Alabama: $23,310
            30. Indiana: $22,900
            31. Missouri: $22,800
            32. Oklahoma: $22,480
            33. Louisiana: $22,250
            34. South Carolina: $21,910
            As a point of reference the average Middle Class annual income
            today is $50,000, down from $54,000 at the beginning of the
            Great Recession. Hawaii, DC, and Massachusetts pay more in
            welfare than the average working folks earn there.  Is it any
            wonder that they stay home rather than look for a job? Time for
            a drastic change. America is virtually bankrupt!
       
            And...
             
            Salary of retired US Presidents
            $180,000 FOR LIFE
            Salary of House/Senate....$174,000 FOR LIFE
            This is stupid.
            Salary of Speaker of the House....$223,500
            FOR LIFE!
            This is really stupid.
            Salary of Majority/Minority Leader $193,400
            FOR LIFE!
            Ditto last line.
            Average Salary of a teacher .. $40,065
            Average Salary of Soldier DEPLOYED IN  AFGHANISTAN .. $38,000

            Think about this:
Nancy Pelosi will retire as a Congress Person  at $174,000 Dollars a year for LIFE. She has retired as SPEAKER at $223,500  a year, PLUS she will receive an additional $193,400 a year as Minority Leader. That's $803,700 a year for LIFE  including FREE medical which is not available to the taxpayers


            I think we found where some spending cuts should be made!
            If you agree ... pass it on, I just did.

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