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Q: Do 11 states now have more people on welfare than they have employed?
A: A viral email making this claim is off base. It distorts a Forbes article that compares private-sector workers with those “dependent on the government,” including government workers and pensioners, and Medicaid recipients — not just “people on welfare.”
Q: Do 11 states now have more people on welfare than they have employed?
A: A viral email making this claim is off base. It distorts a Forbes article that compares private-sector workers with those “dependent on the government,” including government workers and pensioners, and Medicaid recipients — not just “people on welfare.”
Well, if you are one of those people that receive some sort of government benefit or salary (except Medicare and Social Security, of course. The favorite Big Government programs of BGSB types), you're a government leech, welfare addict, etc.
Predictably, the source of this thread (those e-mails that we all get, usually from oddball coworkers or that weird uncle, and typically sound like they couldn't really be true - but some people, because they so desperately want to believe them, unthinkingly do) is false.
I will ask again, where does this information in the link come from? I posted a link that shows the writer of the link has ties to the Koch Brothers and has made no mention of where the information comes from.
Does anyone here know where this information comes from?
Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers. A taker is someone who draws money from the government, as an employee, pensioner or welfare recipient. A maker is someone gainfully employed in the private sector.
... The second element in the death spiral list is a scorecard of state credit-worthiness done by Conning & Co., a money manager known for its measures of risk in insurance company portfolios. Conning’s analysis focuses more on dollars than body counts. Its formula downgrades states for large debts, an uncompetitive business climate, weak home prices and bad trends in employment.
It's not that the Death Spiral is wrong - it's that it's based on two criteria, not one.
Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers. A taker is someone who draws money from the government, as an employee, pensioner or welfare recipient. A maker is someone gainfully employed in the private sector.
... The second element in the death spiral list is a scorecard of state credit-worthiness done by Conning & Co., a money manager known for its measures of risk in insurance company portfolios. Conning’s analysis focuses more on dollars than body counts. Its formula downgrades states for large debts, an uncompetitive business climate, weak home prices and bad trends in employment.
It's not that the Death Spiral is wrong - it's that it's based on two criteria, not one.
The first premise is false or, at the very least, unbalanced right out of the gate. It implies that government workers are not "gainfully employed." That infers that there is no benefit derived from their labors. It calls them "takers" and does the same for pensioners, the vast majority of who paid into their pension funds throughout their working years. It also ignores that the better funds receive returns on their investments which cost the tax-payers nothing. Lastly, those same government workers and pensioners also pay taxes just like almost everyone else. Lumping both classes in with welfare recipients does them a grave disservice, is nothing less than dishonest and shows a decided bias.
Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers. A taker is someone who draws money from the government, as an employee, pensioner or welfare recipient. A maker is someone gainfully employed in the private sector.
... The second element in the death spiral list is a scorecard of state credit-worthiness done by Conning & Co., a money manager known for its measures of risk in insurance company portfolios. Conning’s analysis focuses more on dollars than body counts. Its formula downgrades states for large debts, an uncompetitive business climate, weak home prices and bad trends in employment.
It's not that the Death Spiral is wrong - it's that it's based on two criteria, not one.
OP claimed that there are more people on welfare than working in the death spiral states.
OP's claim came from a chain email.
The chain email distorted the original article.
OP's claim was discredited by factcheck.
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