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Old 09-23-2009, 09:15 AM  
HonestChieffan HonestChieffan is online now
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Obama spends more in a year on Welfare than Bush spent in Iraq TOTAL

Oh these nasty facts. The Prez cannot seem to get his hands around this money thing. Maybe its not a big enough deal sorta like ACORN. While he pitches us on this idea HC wont add to a deficit and blames old GWB for the problems we have, his spending spirals out of control and we have not yet seen the HC Cost (other than the Baucus Bill is now growing more huge daily)

Maybe he needs to do more TV speeches. That seems to help.

Obama Will Spend More on Welfare in the Next Year Than Bush Spent on Entire Iraq War, Study Reveals
Wednesday, September 23, 2009
By Fred Lucas, Staff Writer




As a candidate for president, Barack Obama decried the financial toll that the Iraq war was taking on the economy, but Obama’s proposed spending on welfare through 2010 will eclipse Bush’s war spending by more than $260 billion.

“Because of the Bush-McCain policies, our debt has ballooned,” then-Sen. Barack Obama told a Charleston, W.V., crowd in March 2008. “This is creating problems in our fragile economy. And that kind of debt also places an unfair burden on our children and grandchildren, who will have to repay it.”

During the entire administration of George W. Bush, the Iraq war cost a total of $622 billion, according to the Congressional Research Service.

President Obama’s welfare spending will reach $888 billion in a single fiscal year--2010--more than the Bush administration spent on war in Iraq from the first “shock and awe” attack in 2003 until Bush left office in January.

Obama’s spending proposals call for the largest increases in welfare benefits in U.S. history, according to a report by the Heritage Foundation, a conservative think tank. This will lead to a spending total of $10.3 trillion over the next decade on various welfare programs. These include cash payments, food, housing, Medicaid and various social services for low-income Americans and those at 200 percent of the poverty level, or $44,000 for a family of four. Among that total, $7.5 trillion will be federal money and $2.8 trillion will be federally mandated state expenditures.

In that same West Virginia speech last year, Obama said, “When Iraq is costing each household about $100 a month, you’re paying a price for this war.”

The Heritage study says, “Applying that same standard to means-tested welfare spending reveals that welfare will cost each household $560 per month in 2009 and $638 per month in 2010.”

The welfare reform package of 1996 only targeted one program, which was Aid for Families with Dependent Children, pushing work requirements for recipients to encourage them to get off the rolls. There are still 70 different welfare programs spread across 14 different federal agencies, said Robert Rector, senior research fellow in domestic policy studies at the Heritage Foundation, who co-wrote the study.

“The average person says I thought we ended welfare. Well, it’s a good thing we ended it, otherwise we’d be spending some real money,” Rector joked while speaking about the report on Tuesday. “Reform was grossly oversold by Clinton and the Republicans. It reformed one program out of 70. Medicaid, public housing, the Earned Income Tax Credit were not reformed.”

According to his White House budget proposal, President Barack Obama will increase annual federal welfare spending by one-third, from $522.4 billion to $697 billion in his first fiscal year. Adjusted for inflation, the combined two-year increase of $263 billion is greater than any increase in welfare spending in history.

By 2014, annual spending on welfare programs will reach $1 trillion for the fiscal year.

“One in seven in total federal and state dollars now goes to welfare. But this is a completely unknown story,” Rector said. “This is not being reported. No one knows Obama is spending $10 trillion on welfare.”

Welfare spending has taken its toll on the federal debt. Since the beginning of the “war on poverty,” $15.9 trillion has been spent on welfare programs. The total cost of every war in American history, starting with the American Revolution, is $6.4 trillion when adjusted for inflation.

Welfare has been the fastest growing part of the federal government’s spending, increasing by 292 percent from 1989 to 2008. That’s compared to Social Security and Medicare, which grew 213 percent, the study says.

Adjusted for inflation, welfare is 5 percent of the gross domestic product today. It was only 1.2 percent of GDP in 1965, the report says. Also, over the next decade, $1.5 trillion in welfare benefits will be paid to low-skilled immigrants.

Still, high levels of poverty are reflected by the U.S. Census Bureau because the bureau counts only 4 percent of the total welfare spending as income when it calculates poverty. Thus, most discussions on poverty begin on the virtual premise that welfare does not exist, the study says.

“None of the $800 billion being spent is counted as income, so the Census comes back and they say, ‘Oh my goodness, we have 40 million poor people. We need to spend more money,’” Rector explained. “That is a game the taxpayer can never win.”

Changing how the money is spent could go a long way in achieving better results, the study says.

“Annual means tested welfare spending is more than sufficient to eliminate poverty in the United States,” the study reports. “If welfare spending were converted into case benefits, the sum would be nearly four times the amount needed to raise the income of all poor families above the official poverty line.”


http://www.cnsnews.com/news/article/54400
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Old 09-23-2009, 09:34 AM   #2
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Thats no surprise to anyone is it ?
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Old 09-23-2009, 09:58 AM   #3
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Welfare spending has taken its toll on the federal debt. Since the beginning of the “war on poverty,” $15.9 trillion has been spent on welfare programs. The total cost of every war in American history, starting with the American Revolution, is $6.4 trillion when adjusted for inflation.

Horrifying.
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Old 09-23-2009, 10:01 AM   #4
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Back to Uncle Sam's Plantation.

Amazon has it.
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Old 09-23-2009, 10:03 AM   #5
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The Obama family Christmas special can't get here soon enough. Hopefully the Obama family Thanksgiving feature in the November Oprah magazine can tide everyone over.
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Old 09-23-2009, 10:04 AM   #6
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Imagine how much richer everyone would be if that money had been spent properly by the people who earned it in the first place. We'd have the most thriving economy in the history of the world.
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Old 09-23-2009, 10:04 AM   #7
L.A. Chieffan L.A. Chieffan is offline
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There was no welfare under Bush?
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Old 09-23-2009, 10:09 AM   #8
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Originally Posted by L.A.Chieffan View Post
There was no welfare under Bush?
According to liberals that complain that Bush didn't care about the poor, or do anything for them, no
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Old 09-23-2009, 10:12 AM   #9
L.A. Chieffan L.A. Chieffan is offline
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Originally Posted by blaise View Post
According to liberals that complain that Bush didn't care about the poor, or do anything for them, no
Ok, so there was welfare spending under Bush then? Were there increases during his tenure?
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Old 09-23-2009, 10:14 AM   #10
HonestChieffan HonestChieffan is online now
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Clinton ended Welfare.

Bush just sent Hurricanes to clean up the worst of the lot.
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Old 09-23-2009, 10:15 AM   #11
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Originally Posted by L.A.Chieffan View Post
Ok, so there was welfare spending under Bush then? Were there increases during his tenure?
I don't know, but obviously, if there were, Bush cared deeply about the poor and spent a great deal to help them.
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Old 09-23-2009, 10:16 AM   #12
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It costs the taxpayer $24,600 annually per student in the Washington DC public schools.

52.2% of them drop out before graduating.

So after wasting all that money, half of them will drop out, have a brood of bastards, go on welfare, go to prison, and catch AIDS which will cost yet more billions of dollars.
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Old 09-23-2009, 10:17 AM   #13
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Clinton ended Welfare.

Bush just sent Hurricanes to clean up the worst of the lot.
QFT

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Old 09-23-2009, 10:18 AM   #14
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Old 09-23-2009, 01:34 PM   #15
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