CONGRESS CANT FIGURE OUT WHERE TO CUT SPENDING The Cato - TopicsExpress



          

CONGRESS CANT FIGURE OUT WHERE TO CUT SPENDING 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. Delaware : : $28,840 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. Are we Nuts or what? How do we un-do this type of stupidity on the part of Americans? This is crazy! 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 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. Thats $803,700 Dollars a year for LIFE including FREE medical which is not available to us ... the taxpayers. She is just one of the hundreds of Senators and Congress that float in and out every year! I think we found where the cuts should be made! If you agree .....share it , I just did.
Posted on: Mon, 21 Apr 2014 22:59:44 +0000

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