Americans more reliant on government aid: think tank
- U.S. Government benefit handouts constitute nearly a fifth of American income, more than double the proportion in the 1970s, as reported by the Economic Innovation Group think tank.
- The average American receives 17.6 percent of their income from the government due to an aging population and rising healthcare costs, according to EIG.
- Government income has grown nearly three times faster than other income sources over the last 50 years, amid stagnant wages and rising recession impacts, EIG found.
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