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December 30, 2013

"Romney Was Wrong About The 47 Percent, The Problem Is Much Worse"

Jeffrey Dorfman:

This suggests that in actuality around 70 percent of American families are receiving more from the government than they are paying in. 

Where will it stop?

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Jack PQ

I think it's important to distinguish between "net takers" and "takers, period". If the distribution of incomes is log normal, it is not surprising most people are net takers, and not necessarily bad. We should be concerned with how many able bodied people are takers, period, not working, not studying, not volunteering, not raising kids.

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