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The Federal Government Hands Out Money To 128 Million Americans Every Month

Friday, January 11, 2013 12:12

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By Michael Snyder
Economic Collapse Blog
January 11, 2013

The number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today.

A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers. According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month.

Overall, more than 70 percent of all federal spending goes to what they call “dependence-creating programs”.

It is the most massive wealth redistribution scheme in the history of the world, and it continues to grow at a very rapid pace with each passing month. But can we really afford this?

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