Americans getting more federal aid than ever

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Americans are relying more on government aid for income, while wages as a share of income have dropped to their lowest level since 1929,USA Today reports via The Political Wire.

“A record 18.3% of the nation’s total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010,” up from 12% just a decade ago. “Wages accounted for the lowest share of income — 51.0% — since the government began keeping track in 1929.”

The increasing reliance on aid “reflects several changes: the expansion of health care and federal programs generally, the aging population and lingering economic problems.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.