Mark Robison
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.”
FULL QUESTION
Please let me know if this is accurate or not. I am just concerned if the comparison between the number of people who are employed vs the number of people who are on welfare is accurate………
FULL ANSWER
On Nov. 25, 2012, Forbes.com published an article by William Baldwin, an investment strategies contributing writer, that asked, “Do You Live In A Death Spiral State?” Baldwin’s advice to readers was to avoid putting capital in financially troubled states where people “dependent on government” outnumber those working in the private sector…….. To Read More…..
My Take – I always hate it when they put out stuff that is inaccurate by leaving out important facts, or combining them is such a way as to distort reality. My thanks to Maury for sending this to me.
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