Filed under: Capitalism, Economy, Election 2012, Statism, Taxes | Tags: big government, Inefficiency of Government, Overspending
A report from the Congressional Research Service (CRS) recently revealed that the United States now spends more on means-tested welfare than any other item in the federal budget — including Social Security, Medicare or national defense. Including state contributions to the roughly 80 federal poverty programs, the total amount spent in 2011 was approximately $1 trillion. Federal spending on such programs was up 32 percent since 2008.
If you believe that giving a good chunk of your income to the government because they will use it to do good and help the poor is a good thing, you might need to rethink that.
Last year the government spent over $60,000 to support welfare programs for each household that is in poverty. The calculations come from the Census, the Office of Management and Budget and the Congressional Research Service. That dollar figure is almost three times the amount the average household in poverty lives on each year.
So, if I am doing the math correctly, and $60,000 divided by 3 is $20,000, then it costs the government $40,000 to distribute $20,000 to the poor to keep them poor. So they could just mail a check for $50,000, which is approximately the median national household income, to each poor family, and thus eliminate poverty completely.
Then they would still have $10,000 per household left over to pay for stamps, envelopes and the checks, which would leave a fair amount left over to return to the taxpayers, or have a big blowout convention in Las Vegas.
That’s a fair demonstration of why Republicans oppose big government.