WelfareQueen
Diamond Member
One of our liberal posters used the phrase "Corporate Welfare" today. We have all heard the term, mostly used by folks on the left, and they use the typical moral equivalency argument. You know..."well maybe we spend a lot on welfare...but those bastard Corporations get Corporate welfare and that is just as much money and it's even worse."
So I had to look it up. How much does "Corporate Welfare" cost we the Taxpayers versus Individual Welfare?
According to the Cato Institute Corporate Welfare costs the U.S. taxpayer $100 billion a year. Self-identified Socialist Senator Bernie Sanders puts the number at $125 billion a year. For the sake of argument...we'll go with Bernie.
Corporate Welfare Costs $125 billion. Corporate welfare - Wikipedia, the free encyclopedia
Individual Welfare Costs $927 billion. These are programs strictly for the poor. No Medicare or Social Security. This is just for Medicaid, AFDC, SNAP, CHIP, Housing Assistance, Energy Cost Assistance, SSI, and TANF
Link: Social programs in the United States - Wikipedia, the free encyclopedia
"Not including Social Security and Medicare, Congress allocated almost $717 billion in Federal funds in 2010 plus $210 billion was allocated in state funds ($927 billion total) for means tested welfare programs in the United States--later (after 2010) expenditures are unknown but higher."[3]
So in summary. The Federal Government spends $125 billion a year in Corporate Welfare. The Federal Government spends $927 billion a year on individual Welfare. Corporate Welfare accounts for 13% of the costs of Individual Welfare. Individual Welfare Costs have gone up 31% over the last 10 years. Corporate Welfare costs have remained flat.
Hope these facts clear things up for everyone and kill yet another phony talking point. Your welcome.
So I had to look it up. How much does "Corporate Welfare" cost we the Taxpayers versus Individual Welfare?
According to the Cato Institute Corporate Welfare costs the U.S. taxpayer $100 billion a year. Self-identified Socialist Senator Bernie Sanders puts the number at $125 billion a year. For the sake of argument...we'll go with Bernie.
Corporate Welfare Costs $125 billion. Corporate welfare - Wikipedia, the free encyclopedia
Individual Welfare Costs $927 billion. These are programs strictly for the poor. No Medicare or Social Security. This is just for Medicaid, AFDC, SNAP, CHIP, Housing Assistance, Energy Cost Assistance, SSI, and TANF
Link: Social programs in the United States - Wikipedia, the free encyclopedia
"Not including Social Security and Medicare, Congress allocated almost $717 billion in Federal funds in 2010 plus $210 billion was allocated in state funds ($927 billion total) for means tested welfare programs in the United States--later (after 2010) expenditures are unknown but higher."[3]
So in summary. The Federal Government spends $125 billion a year in Corporate Welfare. The Federal Government spends $927 billion a year on individual Welfare. Corporate Welfare accounts for 13% of the costs of Individual Welfare. Individual Welfare Costs have gone up 31% over the last 10 years. Corporate Welfare costs have remained flat.
Hope these facts clear things up for everyone and kill yet another phony talking point. Your welcome.
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