A new CATO Institute study found that a mother in New York State with two children is eligible for $38,004 in welfare benefits--which is greater than the annual salary of a first-year New York school teacher. Note where Idaho falls in the benefits spectrum. (Idaho certainly can't be faulted for "encouraging multi-generational dependency." (Thanks to John in Washington for the link.)
G.G. sent: $2,001,093,000,000: Fed’s Ownership of U.S. Debt Breaks $2Trillion for First Time.
Items from The Economatrix:
Stars Aligned For "Serious" Stock Correction
Dave Hodges: Escape From Wall Street
Cramer: Giant Reset Looming For Markets