Saturday, March 26, 2011

It's time to curb welfare growth

It's time to curb welfare growth detnews.com The Detroit News
"According to the Office of Management and Budget, 'human services' — Social Security; Medicare; health-expenditures; education, training, employment, and social services; veterans benefits; and the euphemistically-named 'income security' (i.e., unemployment benefits) — were consuming 4 percent of America's GDP in 1949.
By 1976, this figure had increased to 11.7 percent.

In 2009, it was consuming 15.3 percent of GDP.

Currently, 75 percent of human services spending was on Social Security, Medicare and 'income security' — in short, the core welfare state."

We're gonna run out of other people's money, folks...and soon...then what are we gonna do?

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