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Think of it as $153 billion a year in government subsidies to American Corporations

Posted on 2015/04/14 by jd

‘The majority of American families on public assistance or Medicaid are headed by at least one full-time worker, according to a report released Monday by U.C. Berkeley’s Center for Labor Research and Education.

Researchers who analyzed annual state and federal spending on public assistance programs — including food stamps, Medicaid, Temporary Aid to Needy Families (TANF) and the Earned Income Tax Credit (EITC) — found that more than 56 percent of that funding goes to working families.

In other words, employers, such fast-food restaurants, are paying their employees so little that they must rely on government assistance to make ends meet. In total, these employees seek an estimated $153 billion in public assistance each year, according to the report (PDF)….’

via Most Public Assistance Goes to Working Families | Al Jazeera America.

Posted in news dumpTagged 2016 USA Elections, Capitalism, USofA

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