Background: Cybercast News Service, April 16, 2014 Apr 16, 2014 – by Terence P. Jeffrey Excerpts:
“Buried deep on the website of the U.S. Census Bureau is a number every American citizen, and especially those entrusted with public office, should know. It is 86,429,000. That is the number of Americans who in 2012 got up every morning and went to work — in the private sector — and did it week after week after week.
First, let’s look at the basic taxonomy of the full-time, year-round American worker. In 2012, according to the Census Bureau, approximately 103,087,000 people worked full-time, year-round in the United States. “A full-time, year-round worker is a person who worked 35 or more hours per week (full time) and 50 or more weeks during the previous calendar year (year round),” said the Census Bureau. “For school personnel, summer vacation is counted as weeks worked if they are scheduled to return to their job in the fall.”
Of the 103,087,000 full-time, year-round workers, 16,606,000 worked for the government. That included 12,597,000 who worked for state and local government and 4,009,000 who worked for the federal government.
The 86,429,000 Americans who worked full-time, year-round in the private sector, included 77,392,000 employed as wage and salary workers for private-sector enterprises and 9,037,000 who worked for themselves. (There were also approximately 52,000 who worked full-time, year-round without pay in a family enterprise.)
At first glance, 86,429,000 might seem like a healthy population of full-time private-sector workers. But then you need to look at what they are up against.
The Census Bureau also estimates the size of the benefit-receiving population.
In the last quarter of 2011, according to the Census Bureau, approximately 82,457,000 people lived in households where one or more people were on Medicaid. 49,073,000 lived in households were someone got food stamps. 23,228,000 lived in households where one or more got WIC. 20,223,000 lived in households where one or more got SSI. 13,433,000 lived in public or government-subsidized housing. Of course, it stands to reason that some people lived in households that received more than one welfare benefit at a time.
To account for this, the Census Bureau published a neat composite statistic: There were 108,592,000 people in the fourth quarter of 2011 who lived in a household that included people on “one or more means-tested program.”
Those 108,592,000 outnumbered the 86,429,000 full-time private-sector workers who inhabited the United States in 2012 by almost 1.3 to 1.”
[Note: The above number (108,592,000) does not include Social Security and Medicare enrollees who have paid money into those trust funds, nor does it include veterans who “served their country in the most profound way possible.”]
The 1:3 ratio above is hardly sustainable, especially since means-tested welfare and income security programs include built-in incentives for individuals to ‘not work.’ Our government has constructed social welfare programs that penalize people (loss of benefits) who ‘find a job’ (full or part-time) and earn ‘new income.’
The Leviticus 25 Plan does not penalize people for becoming gainfully employed. They do not lose even a ‘nickel’ for working and earning new income.
This plan gives Americans a dynamic ‘hand-up,’ instead of continuing on with a monthly dribble of social welfare ‘hand-outs.’
Millions of Americans who are on the 80+ means tested welfare programs, income security programs, and receiving unemployment compensation are not long-term entitlement-minded people. They actually landed in those programs in the wake of the 2007-2010 economic meltdown.
It should not be assumed that they wouldn’t want to work and want to regain self-reliance – if the system did not penalize them for earning of new income.
It is also worth noting that ‘the system’ rewarded Wall Street mega-firms and hedge funds and foreign banks and hedge funds with massive cash transfers, credit lines, foreign swap lines – trillions of dollars’ worth – to many of the very companies ‘leveraged up’ with junk securities and nearly brought the U.S. economy to a grinding halt.
The current system is not sustainable. America needs a change that starts at ground level – with American families.
The Leviticus 25 Plan.