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| Pageviews Today: 2,782,352 | Threads Today: 756 | Posts Today: 15,824 |
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Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs | |
| Horus User ID: 13407412  Iceland09/12/2012 04:11 PM Report Abusive Post Report Copyright Violation | "The Big Picture So now let’s look at the big picture. The final totals are $59 billion, 3 percent of the total federal budget, for regular welfare and $92 billion, 5 percent of the total federal budget, for corporations. So, the government spends roughly 50% more on corporate welfare than it does on these particular public assistance programs. Should we spend less on corporate welfare and/or social welfare programs? Or should we spend even more? It’s up to you. A bunch of people died horrible deaths to make sure this country remained a democracy, so if you feel strongly about this issue you owe it to them to call or write your congressman and senators and give them a piece of your mind." [link to thinkbynumbers.org]  |
Slyder  User ID: 17016610  Canada09/12/2012 04:28 PM Report Abusive Post Report Copyright Violation | I say let the oil companies make their own money and take the subsidies back... We'll need that cash to pay for gas soon enough I am a deeply religious nonbeliever - this is a somewhat new kind of religion. Albert Einstein Radicalism!... The new-age religion of nutcases of every flavor |
| Anonymous Coward User ID: 17549114  United States09/12/2012 06:01 PM Report Abusive Post Report Copyright Violation | |
| Horus User ID: 13915545 Iceland09/13/2012 11:07 AM Report Abusive Post Report Copyright Violation | I say let the oil companies make their own money and take the subsidies back... We'll need that cash to pay for gas soon enough Quoting: Slyder "There are, of course, positive and negative aspects to this spending.The primary negative aspect is that you have to increase taxes to pay for it. Taxing individuals lowers their standard of living. It reduces people’s ability to afford necessities like medical care, education, and low mileage off-road vehicles.The common usage definition of social welfare includes welfare checks and food stamps. Welfare checks are supplied through a federal program called Temporary Aid for Needy Families. Combined federal and state TANF spending was about $26 billion in 2006. In 2009, the federal government will spend about $25 billion on rental aid for low-income households and about $8 billion on public housing projects. For some perspective, that’s about 3 percent of the total federal budget." who receives 25 billion dollars through welfare a) people caught in the poverty trap? b) their landlords? property |
| Horus User ID: 23028624 Iceland09/13/2012 06:12 PM Report Abusive Post Report Copyright Violation | "Macroeconomic effect According to Keynesian economic theory, like other forms of government spending, SNAP, by putting money into people's hands, increases aggregate demand and stimulates the economy. In congressional testimony given in July 2008, Mark Zandi, chief economist for Moody's Economy.com, provided estimates of the one-year fiscal multiplier effect for several fiscal policy options, and found that a temporary increase in SNAP was the most effective, with an estimated multiplier of 1.73.[32] In 2011, Secretary of Agriculture Tom Vilsack gave a slightly higher estimate: "Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity."[33] Vilsack's estimate was based on a 2002 George W. Bush-era USDA study which found that "Ultimately, the additional $5 billion of FSP (Food Stamp Program) expenditures triggered an increase in total economic activity (production, sales, and value of shipments) of $9.2 billion and an increase in jobs of 82,100," or $1.84 stimulus for every dollar spent.[34]" [link to en.wikipedia.org] money in the hands of the people sharing = prosperity don't let them fool you there is enough for everyone.  |
