Only 41.9% of those taking home wages get paid by the private sector – a record low. Most of the nation's personal income comes from stuff like Social Security, unemployment, food stamps and such. And that doesn't even begin to count those in gray areas like the auto industry and Wall Street that are putatively private but couldn't exist without government support.
---CK Michaelson, 5/27
What comprises the private sector? There is the auto industry... Ok, there are banks... Ok, well that leaves WallMart, McDonalds, a few farms, and the defense industry.
Post a Comment