The “War On Poverty” Has Cost Three Times What All Of America’s Actual Wars Have Cost
Welfare has grown 19% under President Obama, that’s two and a half times greater than any other welfare increase in the history of the country.
But remember, Obama wears the “food stamps president” title as a badge of honor.
(CNSNews.com) – Federal and state welfare assistance has grown almost 19 percent under President Barack Obama, according to the conservative Heritage Foundation.
All in all, there are 79 means-tested federal welfare programs, at a cost approaching $1 trillion annually, said Heritage Senior Research Fellow Robert Rector.
Rector conducted a comprehensive analysis of spending for government assistance programs, ranging from food, education and childcare programs to housing and medical care.
Since Fiscal Year 2009, federal and state welfare spending has risen from $779.9 billion to $927.2 billion, an increase of 18.8 percent. That fiscal year includes spending from Oct. 1, 2008 to Sept. 30, 2009.
And then there’s this:
According to Rector, the government has spent $19.8 trillion (in inflation-adjusted 2011 dollars) on means-tested welfare since President Lyndon B. Johnson launched the War on Poverty began in the 1960s.
“In comparison,” he wrote, “the cost of all military wars in U.S. history from the Revolutionary War through the current war in Afghanistan has been $6.98 trillion.”
“The War on Poverty has cost three times as much as all other wars combined,” he said.
I’d not say that there is no waste in military spending. The military could use a budget haircut not unlike every other part of the federal budget.
But the most pressing budget problem in America is run-away spending on social entitlements. We just can’t afford them any more.Tags: Barack Obama, deficits, entitlements, food stamps, national debt, war on poverty