Article Image
IPFS News Link • Government

27% Of All Household Income In The US Now Comes From The Government

• Zero Hedge - Tyler Durden

Following today's release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two key series, which showed a surge in personal income (to be expected in the month when the $900BN December 2020 stimulus hit), coupled with a far more modest increase in personal spending.

But while the change in the headline data was notable, what was far more remarkable was data showing just how reliant on the US government the population has become.


ppmsilvercosmetics.com/ERNEST/