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Poverty: Any lingering doubts about the deficiencies of Obamanomics can be dispelled with one piece of data: The U.S. has spent $3.7 trillion on welfare in the past five years, with virtually nothing to show for it.
GOP members of the Senate Budget Committee reported that cumulative spending on welfare during the Obama years has been five times greater than what's been spent on transportation, education and NASA — combined.
Maybe that shouldn't be surprising. Obama, after all, promised a "fundamental transformation" of America. He's fulfilled that promise with a vengeance.
The Census Department reported just this week that 49% of the population, or 151 million Americans, got federal aid from at least one program in 2011 — up from 94 million in 2000.
Under Obamanomics, America Morphs Into Welfare Nation
The Census Department reported just this week that 49% of the population, or 151 million Americans, got federal aid from at least one program in 2011 — up from 94 million in 2000.
The U.S., sadly, has become a nation of dependents, and Obamanomics is accelerating the process. With debt at $17 trillion and rising, more than $50 trillion in unfunded liabilities, and fewer workers to pay for it all we will soon be bankrupt.
BubbaJoe
Instead of starving poor people, lets cut farm subsidies, oil subsidies, and tariffs to price protect the prices our goods bring. Wait if we did that, we would hurt old rich white guys, that can't happen. Republicans are nothing but hypocrits.
Lets cut out fraud, but wait, old rich white guys elected the largest medicare/medicaid fraud convictee the governor of Florida. The Republicans want nothing more than the rich to get richer and the poor to die.
The Census Department reported just this week that 49% of the population, or 151 million Americans, got federal aid from at least one program in 2011 — up from 94 million in 2000.
This included 82,457,000 people--or 26.9 percent of the population--who lived in households in which one or more people received Medicaid benefits.
Also among the 151,014,000 who received benefits from one or more government programs during that period: 49,901,000 who collected Social Security; 49,073,000 who got food stamps; 46,440,000 on Medicare; 23,228,000 in the Women, Infants and Children program, 20,223,000 getting Supplemental Security Income;13,433,000 who lived in public or subsidized rental housing; 5,098,000 who got unemployment; 3,178,000 who got veterans' benefits; and 364,000 who got railroad retirement benefits.
xuenchen
Maybe a sensible idea would be to eliminate some imports and put people back to work.
That alone would cut the welfare in half and increase Federal revenues.
Increasing exports would help too.
And maybe if they do it right, they could stop the endless borrowing.