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From a leading economist


stevenash

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The one consistent dark cloud in the income reports has been government redistribution. Before the Panic of 2008, government transfers – Medicare, Medicaid, Social Security, disability, welfare, food stamps, and unemployment insurance – were roughly 14% of income. In early 2010, they peaked at 18.5%. Now they're around 17%, but not falling any further. Redistribution hurts growth because it shifts resources away from productive ventures and, among those getting the transfers, weakens work incentives.

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Most on Social Security are just getting their money back.  Unfortunately, it's money the Dems started stealing from in the 50's.  As a wise man back then told me, Those b-stards couldn't stand all that money sitting there building up.  Changed him from a lifelong Dem to a Repub for his remaining years.

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