Wednesday, October 23, 2013

U.S. Spent Trillions on Welfare in Obama's First Term

The Great Society has turned into the Welfare State.  Barack Obama and his democratic confederates have fundamentally transformed America, as promised.  The Senate Budget Committee produced the following, as reported by the Weekly Standard:

"We have just concluded the 5th fiscal year since President Obama took office. During those five years, the federal government has spent a total $3.7 trillion on approximately 80 different means-tested poverty and welfare programs. The common feature of means-tested assistance programs is that they are graduated based on a person’s income and, in contrast to programs like Social Security or Medicare, they are a free benefit and not paid into by the recipient," says the minority side of the Senate Budget Committee.
"The enormous sum spent on means-tested assistance is nearly five times greater than the combined amount spent on NASA, education, and all federal transportation projects over that time. ($3.7 trillion is not even the entire amount spent on federal poverty support, as states contribute more than $200 billion each year to this federal nexus—primarily in the form of free low-income health care.)

Is this what American has been waiting for?  I hope not.

No comments: