Where to for Western Democracy when voters vote themselves the Treasury?
I’ve always believed SUANews should publish any well written article while giving full credit to the author. The following article comes to us from Australia, by Joanne Nova, (A science presenter, writer, speaker & former TV host; author of The Skeptic’s Handbook and blogger on joannenova.com/au).
In Australia half of all families get more money from the state than they contribute:
by Joanne Nova, May 9 2014
The exclusive modelling for News Corp Australia by the National Centre for Social and Economic Modelling at the University of Canberra reveals 48 per cent of Australia’s 12.2 million “income units” pay no net tax. Any tax they do contribute is more than offset by the welfare — pensions, family tax benefits or childcare rebates — they receive.
The fiscal churn is large. How many people are paid to spend all their productive hours just managing a circle of money?
On average, Australian families will pay $12,935 in income tax this year, but receive $9,515 in benefits — leaving a net yearly contribution to the public purse of just $3424.
In the USA 86 million private sector workers support 148 million benefit takers.
There are also 16 million government workers (not counted in the 86 million tally) — some of whom are most definitely serving the public. On the other hand, some of the private sector workers are doing contracts for the government, and are effectively government paid workers. I wouldn’t want to quibble about the exact numbers. What matters is that we are at the point where half the voters are surely (and quite rationally) focused on voting for benefits. How does a democracy thrive?
Read More HERE