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. Its now more profitable to sit at home than it is to earn an honest days 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 top fifteen 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 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. Salary of retired US Presidents / $180,000 FOR LIFE Salary of House/Senate / $174,000 FOR LIFE Salary of Speaker of the House / $223,500 FOR LIFE! 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 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! Are we Nuts or what? How do we un-do this type of stupidity on the part of Americans? This is crazy!
Posted on: Sun, 13 Jul 2014 14:12:06 +0000