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Monday, April 25, 2011
Wages -- Barely Half of Financial Picture in United States
A record 18.3% of the nation's total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Wages accounted for the lowest share of income — 51.0% — since the government began keeping track in 1929.
Posted by James F. Valley, Esq. at 4/25/2011 11:15:00 PM