Aurora, Il USA
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The following chart shows the total food stamp participants divided by the total manufacturing employees, construction employees, agriculture employees, and information services employees. Essentially it is measuring citizens working in product producing industries versus “eaters” over time.
In 1969 there were 10 productive middle class tax paying workers for every eater.
During the deep 1981 recession there were 10 productive middle class tax paying workers for every 8 eaters.
During the early 1990s recession there were 10 productive middle class tax paying workers for every 10 eaters.
During the 2001 recession there were 10 productive middle class tax paying workers for every 6 eaters.
At the depths of the 2009 financial crisis recession there were 10 productive middle class tax paying workers for every 15 eaters.
After the five year Obama “economic recovery” there are 10 productive middle class tax paying workers for every 21 eaters.
How long can an economy be sustained when there are two non-producing, non-tax paying eaters for every productive worker paying taxes?
It looks like we’re going to find out.
The Burning Platform
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