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What do we mean when we say Welfare?
#5
I dont count SS or Unemployment. Nor do I count Medicare. So disregarding those in 2011 the US Govt, not counting any state spending, just federal, spent 631 billion on welfare. 903 billion on defense, and by this chart Im assuming old age pensions is social security and that was 793 billion. We had a deficit of 1.6 trillion. Now by 2016 even with SS going up to over 1 trillion dollars and defense staying about the same and welfare going up slightly, and almost 600billion in interest payments, up from 200billion from last year, our deficit will only be around 600billion.


There is plenty of trimming that can be done do balance the budget and start paying off the debt. Basically in 2016 based on projections our budget shortfall will be because of interest. Cut back on defense spending some (get out of these stupid wars and don't start a new one with Iran unless forced to), cut back welfare a lot, maybe find some alternatives for SS or at least explore some options we may just end up eating all that but we will have to get by.
Messages In This Thread
What do we mean when we say Welfare? - by LWC - 02-02-2012, 12:01 PM
What do we mean when we say Welfare? - by nky - 02-02-2012, 12:17 PM
What do we mean when we say Welfare? - by Beetle01 - 02-02-2012, 05:53 PM
What do we mean when we say Welfare? - by LWC - 02-02-2012, 07:52 PM
What do we mean when we say Welfare? - by nky - 02-03-2012, 11:41 AM
What do we mean when we say Welfare? - by nky - 02-03-2012, 11:49 AM
What do we mean when we say Welfare? - by LWC - 02-03-2012, 12:13 PM
What do we mean when we say Welfare? - by vundy33 - 02-04-2012, 01:12 AM

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