Posts Tagged ‘welfare state’

Where’s the Cheese? The Geography of Government Transfers


Wednesday March 7th, 2012   •   Posted by Emily Skarbek at 4:51am PST   •   6 Comments

A few weeks ago, the New York Times posted a nice info-graphic on the dispersion of government transfers over time. The report show that American’s income that comes from government transfer programs has more than doubled over the last 40 years, rising from 8 percent in 1969 to 18 percent in 2009. The info-graphic…
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Nearly Half of Americans Receive Government Funding


Thursday January 19th, 2012   •   Posted by David Theroux at 10:59pm PST   •   10 Comments

In an article in the Wall Street Journal, Sara Murray reports that “Nearly Half of U.S Lives in Household Receiving Government Benefits.” The pool of Americans relying on government benefits rose to record highs last year as an increasing share of families tapped aid in a weak economy. Some 48.6% of the population lived…
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Former Solyndra Employees Now to Receive Even More Federal Aid


Friday November 25th, 2011   •   Posted by David Theroux at 1:43pm PST   •   5 Comments

In “Ex-Solyndra Staff Eligible For TAA Federal Aid; Packages Worth Average $13,000 Each,” Sean Higgins at Investor’s Business Daily reports that after the Obama-acclaimed, model “green energy” firm scammed a half billion dollars from taxpayers through bankruptcy, the White House has now approved even more corporate welfare for those involved: The Labor Department today…
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One in seven Americans now receive food stamps. As yet another indicator of the utter absurdity of Keynesian economics, Obama’s Secretary of Agriculture Tom Vilsack is claiming that food stamps (“Supplemental Nutrition Assistance Program”) “mean more jobs” and provide “the most direct economic stimulus”. In the process, he somehow fails to mention that food…
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Should Congress Raise the Debt Ceiling? Weigh In!


Thursday July 14th, 2011   •   Posted by Emily Skarbek at 9:18am PDT   •   10 Comments

Freakonomics reports yesterday that a new poll from the Pew Research Center and the Washington Post shows more people see raising the debt limit as a bigger risk than not raising it. Steven Levitt and Stephen Dubner conduct their own poll. Weigh in here! As Ezra Klein reports on the development of the Capitol…
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President’s Threat Reveals Democratic Lie on Social Security


Wednesday July 13th, 2011   •   Posted by Paul Theroux at 7:18pm PDT   •   8 Comments

Yesterday, President Obama threatened that if the debt limit is not raised by the August 2 deadline, he can’t guarantee that Social Security checks will go out. However, for years Democrats have argued that Social Security is on strong fiscal footing, and reform is unnecessary. The argument is that over the years the government…
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Social Security “Trust Fund” Deficits to Add $5 Trillion to U.S. Debt


Sunday May 15th, 2011   •   Posted by David Theroux at 9:39am PDT   •   3 Comments

Jed Graham in Investor’s Business Daily reports that a new study of the financial condition of Social Security and Medicare indicate that with baby boomer retirements, rising health costs, and the ongoing economic malaise, these federal entitlement programs are producing massive deficits in perpetuity unless major changes are made to cut these unsustainable liabilities….
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Welfare State Update: Americans Depend More on Federal Aid Than Ever


Thursday April 28th, 2011   •   Posted by David Theroux at 1:11pm PDT   •   1 Comment

Dennis Cauchon in USA Today reports that: Americans depended more on government assistance in 2010 than at any other time in the nation’s history, a USA Today analysis of federal data finds. The trend shows few signs of easing, even though the economic recovery is nearly 2 years old. A record 18.3% of the…
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Corporate Welfare for Early Retirement Healthcare


Monday April 4th, 2011   •   Posted by Craig Eyermann at 8:11am PDT   •   2 Comments

There is a lot to not like about the Patient Protection and Affordable Care Act (PPACA, a.k.a. “ObamaCare”), but now that the federal government is spending money allocated by the health care reform law, there’s perhaps even more to not like about it! We’re referring to more than $1.789 billion dollars of corporate welfare…
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Is America Now More a Nation of Takers than Makers?


Friday April 1st, 2011   •   Posted by David Theroux at 2:11pm PDT   •   4 Comments

In a new article for the Wall Street Journal, “We’ve Become a Nation of Takers, Not Makers,” Stephen Moore discusses that “More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.” If you want to understand better why so many states—from New York to Wisconsin to California—are teetering…
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