Welfare is now the single largest national expenditure. The government spent approximately $1.03 trillion on 83 means-tested
federal welfare programs in fiscal year 2011 alone — a price tag that
makes welfare that year the government’s largest expenditure, according
to new data released by the Republican side of the Senate Budget
Committee. ... MORE
Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts
Caroline May: Welfare Now Costs $1,030,000,000,000
Welfare is now the single largest national expenditure. The government spent approximately $1.03 trillion on 83 means-tested
federal welfare programs in fiscal year 2011 alone — a price tag that
makes welfare that year the government’s largest expenditure, according
to new data released by the Republican side of the Senate Budget
Committee. ... MOREGovernment's Own Numbers Crunchers See Collapse Ahead
by Ralph R. Reiland. The way the federal government runs things is already bad enough, but it's officially projected to get only worse, much worse, in the years ahead according to the government's own number crunchers. In fiscal year 2011 -- October 1, 2010 to September 30, 2011-- the Congressional Budget Office (CBO) reports that the federal ... MOREIra Stoll: Obama's Fact-Challenged Tax Claim
Where are the “fact-checkers” when you need them? On CBS News’s “60 Minutes” Sunday night, President
Obama said,
“Taxes are lower on families than they've been probably in the last
50 years. So I haven't raised taxes.” As of Monday morning, neither the Washington Post’s
Pinocchio-awarding Fact-Checker,
nor the Annenberg Public Policy ... MORE
Andrew Napolitano: Defense Of Romney's "47%" Comment
Sometimes, the truth hurts. As readers of this column and viewers of Fox News Channel may know, I have not hesitated to criticize Gov. Mitt Romney's presidential campaign and the governor himself. I have argued that his message is muddled and his values are unknown beyond his ardent wish to improve economic conditions through the use of free ... MORE
VIDEO: Social Security As A Wealth Redistribution
Walter E Williams explains Social Security is really a handout.
Amy Payne: $16,000,000,000,000
Debt increases 50 percent under Obama. Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending. When he was running for President, Obama condemned George W. Bush for adding $4 trillion ... MOREThomas Sowell: Entitlement Reform
The young, not the elderly, should be alarmed. For those of us who like to believe that human beings are rational, trying to explain what happens in politics can be a real challenge. For example, that segment of the population that has the least to fear from a reform of Medicare or Social Security is the most fearful — namely, those already receiving ... MOREJohn Stossel: Budget Insanity
Political vision does not seem to extend beyond next election. Last year, Congress agreed to $1.2 trillion in automatic spending cuts, unless politicians find other things to cut. They didn't, of course. So now, with so-called sequestration looming in January, panic has set in. Even the new "fiscally responsible" Republicans vote against cutting Energy ... MOREVIDEO: Walter E Williams - The Wisdom Of Williams
Williams speaks on greed, gun rights, education, social security and more.
Walter E. Williams: Duped By Congressional Lies
In the name of fairness or generational theft? Some of the responses to my column last week, titled "Immoral Beyond Redemption," prove that Americans have been hoodwinked by Congress. Some readers protested my counting Social Security among government handout programs that can be described as Congress' taking what belongs ... MORE
Walter E Willliams: Immoral Beyond Redemption
Perhaps we are debating the wrong issue? Benjamin Franklin, statesman and signer of our Declaration of Independence, said: "Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." John Adams, another signer, echoed a similar statement: "Our Constitution was made only ... MOREGovernment Beneficiaries And Other Fairly Tales
by Sheldon Richman. I admit I’m amused by the unceasing economic and political malarkey that flows from the pundits at MSNBC. Many of these gems come during its promos, which, as viewers of the network know very well, promote not its programs but all-pervasive government. The two I have in mind today are from Lawrence ... MOREJohn Stossel: What Is Fair?
President Obama says he want to make society more fair. Advocates of big government believe fairness means taking from rich people and giving to others: poor people; or people who do things politicians approve of, like making "green" energy equipment (Solyndra); or old people (even rich ones) through Social Security and Medicare. ... MOREMichael Hurd: The Productive And The Unproductive
There are only two classes in a free society. Mitt Romney claims that his tax cuts will stimulate the economy and pay off the deficit. If history is any guide, this won’t be true. Ronald Reagan cut taxes in the 1980s. For a time, the economy improved and the government gained more revenue. Congress spent that money and expanded the deficit. George W. Bush ... MOREVIDEO: Walter E Williams - It's The Elderly, Stupid!
A major reason why America's economic outlook is bleak.
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