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United States Oil Message Board

  • sdowney1 sdowney1 Nov 7, 2012 6:22 AM Flag

    Fed government spends $61,000 per year on families of 3 in poverty

    Does that make ANY SENSE AT ALL?

    The American Welfare State
    How We Spend Nearly $1 Trillion a Year
    Fighting Poverty—and Fail
    by Michael Tanner

    In total, the
    United States spends nearly $1 trillion every
    year to fight poverty. That amounts to $20,610
    for every poor person in America, or $61,830 per
    poor family of three.
    Welfare spending increased significantly under President George W. Bush and has exploded
    under President Barack Obama. In fact, since
    President Obama took office, federal welfare
    spending has increased by 41 percent, more
    than $193 billion per year. Despite this government largess, more than 46 million Americans
    continue to live in poverty.

34.86+0.15(+0.43%)Aug 20 4:00 PMEDT

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