Americans are preparing for the most expensive Christmas ever while liberals play Santa with your tax dollars
Kids love Santa. They don’t have to work for the stuff on their Christmas lists; he just gives it to them.
In many states, gratuitous welfare benefits have made that childhood fantasy an adult reality. Professor Casey Mulligan of the University of Chicago and I have found that some families can receive the annualized equivalent of a six-figure income with no one working – and you’re paying for it.
During the pandemic, idled workers received unemployment "bonuses" so high that many were pocketing more than twice what they had been making on the job. Even without these extra weekly payments, unemployment benefits can reach unexpected high levels in many states. In New Jersey, for instance, a family of four with no one working can receive unemployment benefits equivalent to a job paying over $96,000. That’s more than the median household earns in wages and benefits combined.
High unemployment benefits are not unique to the Garden State. In 13 states, a family can receive annualized unemployment benefits worth more than the median household income.
In some parts of the country, a family of four earning over half a million dollars still qualifies for Obamacare subsidies. Those with a quarter million-dollar income qualify in nearly the entire country.
The annualized value of these healthcare subsidies and unemployment benefits for a family of four can exceed a six-figure income. In Washington state, the amount is more than $122,000, substantially more than many blue-collar incomes.
But Washington state is not alone. In 29 states, unemployment benefits and Obamacare subsidies are worth more than the wages and benefits earned by the median firefighter or truckdriver.
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www.foxnews.com
Kids love Santa. They don’t have to work for the stuff on their Christmas lists; he just gives it to them.
In many states, gratuitous welfare benefits have made that childhood fantasy an adult reality. Professor Casey Mulligan of the University of Chicago and I have found that some families can receive the annualized equivalent of a six-figure income with no one working – and you’re paying for it.
During the pandemic, idled workers received unemployment "bonuses" so high that many were pocketing more than twice what they had been making on the job. Even without these extra weekly payments, unemployment benefits can reach unexpected high levels in many states. In New Jersey, for instance, a family of four with no one working can receive unemployment benefits equivalent to a job paying over $96,000. That’s more than the median household earns in wages and benefits combined.
High unemployment benefits are not unique to the Garden State. In 13 states, a family can receive annualized unemployment benefits worth more than the median household income.
In some parts of the country, a family of four earning over half a million dollars still qualifies for Obamacare subsidies. Those with a quarter million-dollar income qualify in nearly the entire country.
The annualized value of these healthcare subsidies and unemployment benefits for a family of four can exceed a six-figure income. In Washington state, the amount is more than $122,000, substantially more than many blue-collar incomes.
But Washington state is not alone. In 29 states, unemployment benefits and Obamacare subsidies are worth more than the wages and benefits earned by the median firefighter or truckdriver.
VIDEO...
Big welfare handouts mean folks who stay home are living high on the hog off your tax dollars
Professor Casey Mulligan of the University of Chicago and I found that unemployment benefits can reach unexpected high levels in many states.
