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March 15, 2011 A report by TrimTabs Investment Research Inc., found that in 2010 the United States government paid out $2.3 trillion to individuals for social benefits; contrasted against the $3.9 trillion in public and private wages and salaries reported in 2010, the $2.3 trillion is 35% the size of wages and salaries. In 2000, the relationship between the value of social benefit payments to the value of wages was 21%; and in 1960, it was just 10%. Download the Report . . .

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Market Intelligence Resource | March 15, 2011

U.S. Economy Increasingly Dependent on Government Social Benefits Ratio of Income from Government Social Benefits to Wages and Salaries Now Equal to 35%, Up From 26% in 2007, 22% in 2000 and 9% in 1960

March 15, 2011 A report by TrimTabs Investment Research Inc., found that in 2010 the United States government paid out $2.3 trillion to individuals for social benefits; contrasted against the $3.9 trillion in public and private wages and salaries reported in 2010, the $2.3 trillion is 35% the size of wages and salaries. In 2000, the relationship between the value of social benefit payments to the value of wages was 21%; and in 1960, it was just 10%. Download the Report . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
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If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.