Obscene! $3.7 Trillion Spent On Welfare Since Obama Took Office
A disgusting $3.7 Trillion was spent on welfare since Obama took office. And this obscene figure accounts only for free benefits paid out without any sort of contribution having been made by the recipient. It does not include Social Security or Medicare. Under Obama’s reign of Socialism, the amount spent on welfare was almost 5 times greater than what was spent on transportation, education, and NASA, combined. And this figure doesn’t include the $200 Billion spent on welfare by the states. According to a CATO study, the cash value of federal welfare benefits for one household can equal almost $50,000.
According to the Weekly Standard,
New research from the Republicans on the Senate Budget Committee shows that over the last 5 years, the U.S. has spent about $3.7 trillion on welfare. Here’s a chart, showing that spending versus transportation, education, and NASA spending:
“We have just concluded the 5th fiscal year since President Obama took office. During those five years, the federal government has spent a total $3.7 trillion on approximately 80 different means-tested poverty and welfare programs. The common feature of means-tested assistance programs is that they are graduated based on a person’s income and, in contrast to programs like Social Security or Medicare, they are a free benefit and not paid into by the recipient,” says the minority side of the Senate Budget Committee.
“The enormous sum spent on means-tested assistance is nearly five times greater than the combined amount spent on NASA, education, and all federal transportation projects over that time. ($3.7 trillion is not even the entire amount spent on federal poverty support, as states contribute more than $200 billion each year to this federal nexus—primarily in the form of free low-income health care.)
“Because the welfare budget is so fragmented—food stamps are only one of 15 federal programs that provide food assistance—it makes effective oversight nearly impossible, at the same time disguising the scope of the budget from both taxpayers and lawmakers alike. For instance, it is easier for anti-reform lawmakers to oppose food stamp savings by obscuring the fact that a household receiving food stamps is often simultaneously eligible for a myriad of federal aid programs including free cash assistance, subsidized housing, free medical care, free child care, and home energy assistance.
…a CATO study found that an average household in the District of Columbia currently receiving the six largest federal welfare benefits (Medicaid, TANF, SNAP, etc.) receives assistance with a converted cash value of $43,000. In Hawaii, it’s $49,000. …”
To Democrats, lifestyle is a human right. And they’re willing to destroy the true human rights of others to achieve it. It’s immoral.
Hat tip: Gini