From: DAN FESTLER
Date: 1/21/03
Time: 10:20:03
PM
Blacks as a group receive $897 billion per year in social transfer payments, 13 times their net contribution to GDP.
Blacks are over-represented in crime by four fold, being 55% of murderers even though they're only 12% of the population.
White men must work 42 days each year JUST to earn the money that pays JUST the taxes which fund JUST the welfare paid JUST to American Blacks.
Crimes committed by blacks destroy entire societies.
Workers With Salaries and Incomes Blacks 1,000s $ Per Capita Total $ Billions Hispanics 1,000s $ Per Capita Total $ Billions Table Number
Total income including social transfer payments 35,500 $14,397 $511.09
Households 12,634 40,454 511.1
Welfare & social security 35,500 5,998 212.9
Over 18 years old 26,625 11,199 298.2
Not in work force 11,090 0 0
Unemployed 1,310 0 0
Employed part time 2,035 7,904 16.1
Employed full time 12,190 23,140 282.1 11,627 21,164 246 751
Full time government employees 4,896 29,253 143
DOD employees 900 22,000 19.8 300 22,000 6.6 576
Ready Reserve 200 15,000 3.0 100 15,000 1.5 587
National Guard 57 17,544 1.0 33 17,544 0.6 589
Federal employees 800 39,816 31.9 420 42,889 18 527, 556
State/local employees 3,196 27,400 87.6 1,282 42,889 55 524, 527
Employee minority-owned business 64 14 0.0
Owner minority-owned business 621 51,931 32.2
Earned income tax credit 13,845 1,054 14.6
On work disability 3,418 16,007 54.7 1,723 19,230 33.1 619
Full time civilian employees 3,191 16,729 53.4 7,769 16,888 131.2
Annual Social Transfer Payments (STP)
Welfare & social security 212.9 74 602, 603, 605
Extra education costs 270 100 240, 242
Reparations for murder 24 8.9 335
Extra incarceration costs 200 76.5 367, 368
Minority-owned businesses 32.3
Government wages and salaries 143
Earned income tax credit 14.6
Total 897.0 259.4
Per Capita, Per Year, 35.5 Million Blacks & 25 Million Hispanics
Social Transfer Payments (stp) 35,500 25,268 897.0 25,000 10,376 259.4
Less Contribution to GDP 35,500 1,504 53.4 25,000 5,248 131.2
Ratio of stp:income 13.5X 2X
Net Annual Loss to GDP 35,500 23,764 $843.62 25,000 5,128 128.2
Net Loss Over 30 Years $Trillions $25.3 $3.8 Trillion
Excluded from the above calculations are:
$50,000 paid to 40,000 black farmers (even though there are only 18,000 black farmers in the whole country). The REAL total annual cost of welfare in the US of $1,260 billion. Per capita contribution to GDP:
The net contribution to GDP of each American black is a negative $23,764, which is 39 times the positive contribution of African blacks to Africa's GDP. For every dollar blacks contribute to GDP, they receive $16 in social transfer payments. The net contribution to GDP of each Hispanic is a negative $5,128, which is equivalent to the positive contribution of Mexicans to Mexico's GDP. The net contribution to GDP of each American Caucasian is a positive $13,527 ($43,287/family divided by 3.2 members per family). The net contribution to GDP of each American Asian is a positive $15,200 ($48,614/family divided by 3.2 members per family). SUMMARY
35,500,000 blacks in the US 12,634,000 black households 3,970,000 households with no children. 8,664,000 households with children 2.8 blacks per household $40,454 total money income per black household. $511.1 billion total money income for black households: $212.9 billion or 41.7% is from welfare and social security. $14.6 billion or 2.9% is from the Earned Income Credit. $32.3 billion or 6.3% is from government sponsored "Minority-owned businesses". $143.2 billion or 28% is from wages and salaries of government employees. $54.7 billion or 10.7% is from work disability. $53.4 billion or 10.4% is from wages and salaries in the productive sector. 26,625,000 blacks are over 18 years of age. 11,090,000 or 41.7% are not in the labor force. 1,000,450 or 3.8% are in jails or prisons. 1,310,000 or 4.9% are officially classified as "unemployed". 2,035,000 or 7.6% are employed part-time 12,190,000 or 45.8% are employed full time. 1.2 workers per household. 4,896,000 or 40.2% of black employees are government employees. 685,000 or 5.6% are employees of black-owned businesses earning $13.90 per year each. 3,418,000 or 28% are on worker disability. 3,191,000 or 26.2% are full time workers in the productive sector of the economy who contribute $53.4 billion to workforce productivity, which is: $16,729 per black employee in the productive sector. $4,379 per full time black worker. $4,225 per black household. $3,753 per black with wages and salaries. $1,504 per black in the US. Of $897 billion in social transfer payments: $212.9 billion or 23.7% is for welfare and social security. $270 billion or 30.1% is for extra education expenditures. $24 billion or 2.7% is for reparations for murder of Whites by blacks. $200 billion or 22.3% is in extra incarceration costs. $32.3 billion or 3.6% is from "Minority-owned businesses". $143.2 billion or 16% is from government wages and salaries. Compared to black workers in the productive sector of the US economy: 28 times as many Whites are in the work force. 3.5 times as many blacks are not in the work force. 53% more blacks are government employees. 7% more blacks are on work disability. 64% as many blacks are part time workers. 41% as many blacks are unemployed. 31% as many blacks are in jails and prisons. Social transfer payments exceed the contribution of blacks to US productivity by 17 times and amount to: $281,105 per black worker in the productive sector. $73,385 per full time black employee. $70,999 per black household. $63,058 per black with wages and salaries. $25,268 per black in the US. Compared to the 900 million blacks in Africa who earn $600 per capita per year and have a 32 year life expectancy: The $1,504 per capita contribution to productivity of American blacks is 2.5 times greater. The $25,268 per capita cost of the social transfer payments to American blacks is 42 times greater. Their 64 year life expectancy is two times greater. Minority- and Women-Owned Business
There are 620,912 black-owned businesses with 345,193 employees and annual sales of $32.2 billion. So there are 275,719 more businesses than there are employees, and .56 employees per business. Total annual payroll is $4.8 million, or $13.90 per black employee per year. Total sales are $51,855 per business, with 35% of those sales in the mostly tax exempt "service industries".
There are 5,888,883 women-owned businesses with 6.3 million employees and annual sales of $642.5 billion. So there are 1.06 employees per business. Total annual payroll is $104.8 million, or $16.76 per woman employee per year, and total sales are $109,101 per business, with 21% in the mostly tax exempt "service industries".
Also see http://govinfo.library.orst.edu/document/econ/rexp.html
=>ANNUAL PAYROLL