More than half of Britons are dependent on the state. That is too high

More than half of Britons are dependent on the state. That is too high:

 This week, the Office for National Statistics published figures showing the level of net dependency on the UK state. Their figures define net dependency as the proportion of households receiving more in benefits (including benefits in kind) than they pay in taxes. The figure now stands at 50.5 per cent.

In the 1980s and 1990s, this figure was just over 40 per cent – that is to say that around four in ten households received more in benefits than they paid in taxes. But this dramatically changed in the New Labour era, which left office with well over half of the population being deemed net dependent on the state. In 2010, the level of net dependency had jumped to 53.5 per cent, representing a 10 percentage point increase since a decade before.

H/t reader squodgy:

“Unsustainable, just like the £1.7 Trillion unserviceable National Debt.”

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