According to new numbers from the Census Bureau, nearly 110 million Americans are receiving welfare benefits. This is 35.4% of the entire country.
109,631,000 Americans lived in households that received benefits from one or more federally funded “means-tested programs” — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau.
The Census Bureau has not yet reported how many were on welfare in 2013 or the first two quarters of 2014.
But the 109,631,000 living in households taking federal welfare benefits as of the end of 2012, according to the Census Bureau, equaled 35.4 percent of all 309,467,000 people living in the United States at that time.
Obama vowed to “fundamentally transform America.” Now, people like Mitt Romney are actually surprised that it is happening. Nobody that’s been reading this website from the beginning is surprised.
Anyone of any political stripe, should think that this number is too high. But unfortunately, we have an entire political party devoted to making people dependent on government. And honestly, this is the problem. This is the root of everything. Politicians bribe constituents in exchange for votes. The sooner the country realizes this, the better. Because things will never improve until it does.
As I pointed out yesterday, this narrative of an epidemic of white cop on black violence and murder being perpetuated by the leftwing media, the race hustlers, the protesters, the Attorney General, and all the rest of the usual idiots on the internet is a complete and utter fabrication. There is no outbreak of racist white cops gunning down innocent black men. And as only Bill Whittle can explain, the actual facts tell a completely different story.
Again…what are these protests in Ferguson really about?
Texas A&M has a new report on the Cash for Clunkers program, and it’s not good.
From Fox News:
Researchers at Texas A&M, in a recently released report, measured the impact of Cash for Clunkers on sales and found the program actually decreased industry revenue by $3 billion over a nine-to-11-month period. Meanwhile, the “stimulus” also cost taxpayers $3 billion.
The Car Allowance Rebate System, commonly called Cash for Clunkers, was part of a 2009 economic stimulus program that was sold as a lifeline from the federal government to a sinking U.S. auto industry.
The program let people turn in their old cars for up to $4,500 in cash to be used toward the purchase of a more fuel-efficient alternative. Nearly 700,000 vehicles were traded in through the program.
But the Texas A&M University study, for the National Bureau of Economic Research, shows the program may have actually created a drag on the economy.
This is nothing but a little microcosm of Keynesian economics. The “thinking” is that an economy can be stimulated by the government simply paying people. The problem is, it doesn’t work.
- First of all, people were paid, but no actual wealth was created. People are simply the beneficiaries of something without working or creating anything.
- Second, wealth (in the form of cars) was actually destroyed.
- Third, it hurt those who were looking to purchase an inexpensive car because it raised the price of older, used cars. This happened because cars that were only worth a few hundred bucks could be traded in for $4,500. Anyone with a cheap car to sell, would be stupid not to take that deal. This lowered the number of cars in the marketplace and, as supply and demand might dictate, those who needed a cheap car (most likely the poor), could no longer afford one.
- Fourth, it’s redistributive. Those who had no need for a car and didn’t have one to sell, had to fund the program anyway.
- Fifth, the government went into debt to do it. This not only means that we’re now paying interest on it, but we’re saddling people with debt who weren’t even eligible to vote for the candidates who initiated the program.
It should come as no surprise that the program was a huge failure.
Another goose egg from the Obama administration.
I love how conservative political comics portray Obama with monkey-esque features (large ears and nose, simple minded and unintelligent etc). Congratulations, you’re still using styles to dehumanize POC that were used by the Nazi’s in the 1930’s and 40’s.
Yeah! Political cartoonists would never do that to a white guy!
Also, comparing cartoonists to Nazis is literally one of the most common “guilt by association” fallacies. All cartoonists do this. It’s to exaggerate the features of a person to make them undeniably recognizable.
Godwin’s Law in action.
Asked by theillestoftruths
Although that’s great for some people, sadly it’s too little, too late I’m afraid. The drones voted him in twice and the damage is done. The same people that say they’re done with Obama will most likely throw in with Hillary in a couple years.
Obama on gay adoption
yeah totally ruining this country what a horrible guy
Fun fact: Obama has attempted to fix almost everything that he promised to fix, but the republicans have voted almost all of his bills out of congress. He’s not the problem.
JESUS I’VE BEEN SAYING THIS FOR YEARS AND PEOPLE STILL DON’T FUCKING GET ITmight have something else to say
How in the hell does this thread have over 1 million notes? That quote from Obama wasn’t even referring to gay adoption. It was regarding to fatherhood and I happened to actually agree with the President on that part of his speech.
Secondly, when Republicans block Obama’s policies, that’s called the separation of powers. They have a good reason for blocking any bills with his agenda on it…and no, it has nothing to do with his skin color.
Lastly, his “equal pay for equal work” is based on a complete lie. Yes, the President of the United States has lied to you about the gender pay gap. It’s 100% false. The reason major legislation was never passed as he proposed is because Republicans know it is false and therefore it will never make it through the House.
Now I know why there’s a million notes, the majority of Tumblr is dumb.
Consider the following truths:
- A million seconds passes in about 12 days.
- A billion seconds passes in about 32 YEARS
That’s the difference between a million and a billion. We hear so many astronomical numbers bantered about today that its easy to become numb to it and not really consider the sheer size of the figures we’re dealing with.
So that’s one billion….32 years. Of course if you had that billion nine more times, you’d have ten billion. Do that ten more times again and you’re up to 20 billion. Do ten billion ten more times you’ve made it up to 100 billion. Start again…110 billion,…120 billion…. Then you’d have to get to 100 billion ten more times just to get to ONE trillion. Do that one trillion 16 more times and you’re into the neighborhood of our current 17+ trillion of national indebtedness. And that’s just the cold hard credit card bill, not future unfunded liabilities that must somehow get paid as well.
We may as well face facts. The amount of money we are in the hole cannot be paid off. There is no way possible to retire an approaching 20 trillion dollars worth of debt. Even if our children, grand-children and great-grandchildren pay 50% of their income in federal income taxation (which they well may) it would not be enough.
There are neither doors nor windows in this room - and its filling up fast.
This puzzle is unsolvable. How or where it ends I cannot pretend to know. But I do know how it doesn’t end. It doesn’t end with America getting its fiscal house in order, being responsible adults and paying off our debt. That is no longer possible.