Listen To The Man! Record 34% Of All Household Income In The US Now Comes From The Government

Sharing is Caring!

by confoundedinterest17

Listen to the Man!

Under Scranton Joe’s leadership, more and more Americans are dependent on government cheese.

Personal income transfer payments to person hit an all-time high as The Federal Reserve keeps pumping money into the system.

Government transfeer payments as a percentge of total income is now a whopping 34%.

US Personal Savings Rate is now 27.6%. Which means that the Biden Bonanza of transfer payments are ending up in savings, not being spent.

See also  OBAMA WAS IN ON IT: More Information Comes Out that Corrupt Obama Was Behind Russia Collusion Setup

Biden’s government cheese helped increase personal income by 21.1% MoM, although personal spending increased by only 4.2%.

Will this end and see a return to the free market? Or is this the new normal of Uncle Cheese?

Uncle Cheese



Help Support Independent Media, Please Donate or Subscribe:
See also  More Major Disasters Hit U.S. Food Production – Are You Prepared For What Comes Next?

Views: 8

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.