Dr. Phil Goes Nuclear on the Welfare State

“They talk about the fact that the big problem in America is income inequality. And my position is the big problem in this country is income equality, not inequality. And I’ll tell you why…”

The bottom 20% of income earners make $7,500 per year; 33% of them actually work.

The next 20% of income earners make $31K per year; 85% of them work full-time.

However, once the government comes in with entitlement programs, the difference is a measly $1,000.

• 33% employment rate: $49K total
• 85% employment rate: $50K total

“What the hell?” — Dr. Phil

Full Episode: https://www.meritplus.com/c/s/VQ2aB6Sp?episodeId=D1H8J25k&play=1