20% of Americans' income now comes from government assistance, more than double the figure from the 1970s.

A report by the Economic Innovation Group reveals that nearly 20% of Americans' income now comes from government assistance, more than double the figure from the 1970s. This reliance, fueled by an aging population and rising healthcare costs, poses significant economic challenges. Notably, many affected communities are in swing states critical for elections, leading both major parties to avoid reducing spending on programs like Social Security and Medicare.

September 30, 2024
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