USA Today reports that one out of every six dollars in personal income derives from the federal government. This includes welfare checks, unemployment insurance, social security, and other programs. The startling figure is the highest percentage of income derived from government since the feds began tracking this phenomenon in 1929, which is another way of saying it's the highest in American history. Dennis Cauchon, the same USA Today reporter who unveiled this depressing news, revealed last month that the for the first time in history the federal government, not income, sales, or property taxes, is the largest source of income for the states. Dependants are easy to control, I guess.

Unemployment is at 9.2% today. 16,000 jobs a day lost.

Has to be Bush's fault.

I think the most obvious and important question here is - where is the Federal Government getting the money to hand out?

This recipe for disaster begins and ends with tax revenues and production being down in the Obama economy and to make up the shortfalls to fund all of this government largesse, our elites are on a spree of borrowing and printing money.

Due to current economic policies, we are heading from what was a slight recession into what could easily become a 1929 and beyond depression. The formula is in place.

And even though the Prevaricator in Chief has said that we're out of money, that doesn't seem to have stopped him from spending and planning to spend what we don't have.

Don't you just love living in a dictatorship? Or is it a monarchy?

'After GM's bondholders last weekend refused to answer the bell for another round with Uncle Sam, the White House put out a statement: "As a result, the President has deemed GM's plan viable and will be making available about $30 billion of additional federal assistance to support GM's restructuring plan."'

Poor people don't stay poor. (http://www.heritage.org/research/taxes/bg1418.cfm)

I wonder how welfare affects this phenomenon.