Welfare State: Handouts Make Up One-Third of U.S. Wages

CNBC's Fast Money: Welfare State: Handouts Make Up One-Third of U.S. Wages - CNBC
"Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement"