Tuesday, May 25, 2010

Private pay shrinks to historic lows as gov't payouts rise - USATODAY.com

Do you think anyone in Washington truly knows where the government’s spending money comes from??

 

Private pay shrinks to historic lows as gov't payouts rise - USATODAY.com

By Mark Wilson, Getty Images

PAY SCALE

By Dennis Cauchon, USA TODAY

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.

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