Study: Welfare Spending Up 41% Under Obama To More Than $193 Billion Per Year, Poverty Levels Unchanged…img24.imageshack.us
Study: Welfare Spending Up 41% Under Obama To More Than $193 Billion Per Year, Poverty Levels Unchanged…
Made popular 358 days ago in Society & Religion
cowboybyte.com — It’s almost like government welfare doesn’t lift people out of poverty.

The federal government is not making much headway reducing poverty despite spending hundreds of billions of dollars, according to a study by the libertarian Cato Institute.
Despite an unprecedented increase in federal anti-poverty spending, the national poverty rate has not declined, the study finds.

“[S]ince President Obama took office [in January 2009], federal welfare spending has increased by 41 percent, more than $193 billion per year,” the study says.

Federal welfare spending in fiscal year 2011 totaled $668 billion, spread out over 126 programs, while the poverty rate that remains high at 15.1 percent, roughly where it was in 1965, when President Johnson declared a federal War on Poverty.

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Do you feel obligated to pay for societies' welfare leeches and the unemployed caused by Obama's fumbling vote buying economic policies?
No, I was taught there is no "Free lunch"!
96%
Yes, I am one of the recipients of your labor through the entitlements paid for by the producers tax dollars.
3.7%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
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