Sunday, December 20, 2015

Study By The Cato Institute

The following info taken from a Cato Institute Study was passed on to me by friend . I double checked for accuracy and yep, sadly it's true.  To say I am in shock is putting it mildly.

The Cato Institute released an updated 2014 study (original study in 
1955) showing that welfare benefits pay more than a minimum wage job in 33 states and the District of Columbia . 

Even worse, welfare pays more than $15 per hour in 13 states. 

According to the study, welfare benefits have increased faster than minimum wage. It's now more profitable to sit at home and watch TV than it is to earn an honest day's pay. 

Hawaii is the biggest offender, where welfare recipients earn $29.13 per hour, or a $60,590 yearly salary, all for doing nothing. 

Here is the list of the states where the pre-tax equivalent "salary" that welfare recipients receive is higher than having a job: 

1. Hawaii : $60,590 

2. District of Columbia :$50,820 

3. Massachusetts : $50,540 

4. Connecticut : $44,370 

5. New York : $43,700 

6. New Jersey : $43,450 

7. Rhode Island : $43,330 

8. Vermont : $42,350 

9. New Hampshire : $39,750 

10. Maryland : $38,160 

11. California : $37,160 

12. Oregon : $34,300 

13. Wyoming : $32,620 

14. Nevada : $29,820 

15. Minnesota : $29,350 

16. Delaware : $29,220 

17. Washington : $28,840 

18. North Dakota : $28,830 

19. Pennsylvania : $28,670 

20. New Mexico : $27,900 

21. Montana : $26,930 

22. South Dakota : $26,610 

23. KANSAS : $26,490 

24. Michigan : $26,430 

25. Alaska : $26,400 

26. Ohio : $26,200 

27. North Carolina : $25,760 ***

28. West Virginia : $24,900 

29. Alabama : $23,310 

30. Indiana : $22,900 

31. Missouri : $22,800 

32. Oklahoma : $22,480 

33. Louisiana : $22,250 

34. South Carolina : $21,910

As a point of reference the average Middle Class annual income today is $50,000, down from $54,000 at the beginning of the Great Recession. 

Hawaii , DC , and Massachusetts pay more in welfare than the average working folks earn there. 

Average Salary of Soldier DEPLOYED IN AFGHANISTAN .. $38,000 Think about this !!!!! 


Here is the link that confirms the above...

http://www.cato.org/publications/white-paper/work-versus-welfare-trade

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