Saturday, December 8, 2012

GRIM MILESTONE: Welfare Spending Per Household Surpasses the Median American's Income

Trillions of dollars have been laundered through the welfare bureaucracy since the inception of "Great Society". And what do we have to show for it?

Rampant fraud and increased poverty:

'Welfare Spending Equates to $168 Per Day for Every Household in Poverty'

The amount of money spent on welfare programs equals, when converted to cash payments, about "$168 per day for every household in poverty"...























...welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.

History teaches us -- or at least, the intelligent among us, which rules out Democrats -- that collectivism spreads misery.

We are headed for fiscal collapse -- and the welfare state keeps growing like a cancer, incentivizing sloth, formalizing a culture of dependency, and killing self-sufficiency.

Liberty, I am sad to say, is on the wane.

No comments:

Post a Comment