As always, click on the photo.
Welfare State: Handouts Make Up One-Third of U.S. Wages
By: John Melloy Executive Producer, Fast Money
Government payouts—including Social Security,Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.
So anyway, the above story reminded me about a Joni Mitchell interview Mary? had sent in a while back that I had been unable to find a place for.
It takes a couple minutes to get to the tie in, but she tells a good story, is still pretty easy to look at, and has a surprising take on the condition of American society.
Hang in there for it.
As an aside, Charlie Rose consistently does outstanding interviews with people from everywhere.