Showing posts with label entitlements. Show all posts
Showing posts with label entitlements. Show all posts

Tuesday, August 2, 2011

Have We Become An Entitlement Nation?

1downgrade

Redistribution transfer payments to individuals were 66% of the federal budget in 2010, up from 28% in 1965.

We now spend
$2.1 trillion a year on these redistribution programs, and the 75 million baby boomers are only starting to retire.