Republicans are ignorant about the most basic FACTS about welfare in this country

[thereisnospoon]

The truth of the matter is that the wealthy receive enormous gov assistance through subsidies. The poor on the other hand get peanuts.

Let's start with the poor and SNAP (food stamps).

The average SNAP recipient receives $133 a month. The average SNAP recipient has a gross income of $744 a MONTH per household. 76% of households have at least one dependent living there. 83% of households receiving SNAP are below the poverty line. The other 17 are at the poverty line or make 130% of the poverty line. And despite what you cons like to believe, food stamps fraud is RARE.

All the sobering facts on food stamps are here.

SNAP (Food Stamps): Facts, Myths and Realities

Now the wealthy. Oh boy.

1) corporations receive $80 billion a year through state and local subsidies.

2) Federal subsidies for corporations cost TAX PAYERS 100 billion a year.

3) The official tax rate for corporations is 35%. However, because of tax breaks, corporations only pay 13% a year in taxes.

4) wealthy hedge fund managers cost tax payers 83 billion a year.

5) subsidies for fast food companies cost tax payers 243 billion a year.

6) deductions for mortgage cost tax payers 70 billion a year. 77% of this funding goes to income earners of 100,000 a year or more.

Top Ten Examples of Welfare for the Rich » CounterPunch: Tells the Facts, Names the Names

The more facts we learn, the more realize just how much bullshit republicanism really is.

And social programs which I might add, are growing exponentially under the Obama economy, are over HALF of the federal budget...
DEAL?

 

[Gadawg73]

The liberal is real big on stats until they prove their fiscal social experiment with poverty over the last 50 years a massive failure.
Exhibit A in the Obama world of today is the massive fraud of a claim that raising the minimum wage will boost the poor out of poverty.
Hilarious but the dumb masses eat it up.
4% of the entire work force makes the minimum wage and a third of them are students and another third have another income in the home majority over the minimum wage.
2011 5% made minimum wage so that has dropped 20% in 2 years.
1979 14% made the minimum wage.
Department of Labor Statistics.
The left gives poor folks the middle finger and screams "**** YOU, I DO NOT HAVE TIME FOR YOU, go to the government office, wait in line for 5 hours. I have no time to do charity work. **** that, government is my DADDY."

 

[Gadawg73]

The Bush tax cuts were much larger, and longer lasting, than Obama's temporary cuts.

Yes you're right. It was much larger mostly for the wealthy. But gues what? Tax cuts for the wealthy only help the wealthy. Trickle down economics is a lie. How do we know? Because those cuts only stimulate supply. They do very little to stimulate demand. As a result, they have no economic effects. Obama has created more private jobs in his 5 years than in Bush's 8 years. The stimulus created or saved 2.5 million jobs. Not just trough cuts, but also demand.

Much larger for the middle class.

Trickle down economics is a lie. How do we know? Because those cuts only stimulate supply.

Supply=GDP

The stimulus created or saved 2.5 million jobs

LOL! I heard it was 25 million.

When Bush tax cuts ended poor families tax credits were cut in HALF.
The 10% tax bracket set up for the non wealthy ENDED.

More middle income families were 100% eliminated off the Federal income tax rolls with the Bush tax cuts than families with incomes over $250,000 RECEIVING a tax cut that still paid tens of thousands of taxes by 5 to 1.

 

[Listening]

Part of the 787 billion stimulus package was a 237 billion tax cut. 100 billion of it went to the middle class.

Economist's View: Tax Cuts and the Stimulus Package

Hmmmmm....did anyone get a tax cut? Anyone? I know I didnt.
Surely with this huge tax cut someone here got one....right?

Maybe he is confusing the Bush taxes (signed by Obama) with the stimulus?

He's pretty confused.

 

[frigidweirdo]

This is literally as absurd as saying "gravity is a lie".

Trickle down is just an undeniable reality of life (like gravity). Wealthy people create jobs. A poor person never created even a single job in world history.

Wealthy people have money to spend on goods and services. That causes a portion of their wealth to "trickle down" to those people providing the goods and services.

It always amazes me how completely ignorant of even basic economics liberals are. I guess because they don't hold jobs and thus don't participate in the work force they are baffled by economics? I'm not sure what else it could be...

So, if tickle down is a fact, then how come trickle down led the US from having a pumping economy to being in the worst recession since WW2?

If you give a person with $5 million in their bank another half a million, what will they do with it?
If you give 500,000 people living on the bread line $1 each, what will they do with it?

The problem we have here is that the economy is a massive thing, it takes a lot of brains to try and figure out one aspect of the economy and even then they don't necessarily get it.

The Tories in the UK are basking in the glory that their economic policy (cut taxes, cut spending, try and cut the debt level but increase it) has worked. However unemployment in the UK is HIGHER than in the US right now (or at least was when I last looked a few months back).

Why?

 

[GWV5903]

Income tax credit, a buddy of mine pays almost no income tax, but gets over 6 thousand back on taxes. So your argument is ignorant.

The sad truth is the number of Americans that cheat the system that make less than a $100K a year...

Their numbers are in the millions...

This moron is worried about tax breaks for tax paying corporations?

Try realizing the number of Americans that steal like thieves with out any fear of reprisal?

The number of Tax Cheats I have met that pay ZERO and receive huge refunds is in the 300 to 400 range and hell I am only one individual...

Is that avi of Billy000 supposed to signify someone attempting to revive his brain? I think it's safe to say that it is too late...

Well, they really are not tax cheats. That is the system that we have set up. It more than allows for this - it codifies and protects it.
It is severely broken. NO ONE should be getting cash back from taxes - that is NOT what they are supposed to accomplish. The left with their incessant need to socially engineer every single decision that you make has caused this nightmare. It is time for the government to give up controlling the public and simply enforce basic law.

That is fat to much to ask for in this current political system though.

They are tax cheats I assure you...

When your Tax Preparer rights off $16K for your trucks mileage and all you do is drive back and forth to work, that my friend is cheating...

The last couple I had made $60K between the two of them, received an $11K refund, their Tax Preparer charged $1,600 to do their return, the best accounting firm in town is $650 max for a simple joint return...

In total they had $29K in deductions and could not get approved for a mortgage based on their $31K in net income...

Their refund far exceeded their combined Fed Tax withheld...

I have seen worst, this was just the last one I dealt directly with...

 

[OKTexas]

Tell me smart ass, what did the government do to EARN the funds expended to develop and place those satellites in orbit. Oh that's right, they just confiscate from business and individuals, Government produces nothing they take, they destroy wealth and pathetic weasels like you try to tout their pseudo accomplishments like they are indispensable, when in fact with very few exceptions of the federal governments functions, we would be much better off without them.

Like you, Marx was also an idealist. He thought we could exist without the State. He thought that the state was merely the place where property owners went to get free money and monopoly power. Right? The point of lobbying is to access the centralizing power of government. (You know how much money government hands out to corporations, right?)

It's more than just direct subsidies. The entire system of finance capital is a scam. The fed gives the banks money at less than 1%; then the banks finance the venture capitalist, who then brings a product to market, but not before getting the nanny state to build a monopoly fence around it (see Patent Protection). (You understand the Patent System right? This is where the private sector gets the State to protect their investments; then they take channel some of the ill-begotten gains into Rush Limbaugh and Heritage, which agitates the morons about the virtue of free markets. It's actually kind of funny)

But yes ... if you disable the State's ability to hand out fiat capital and monopolies, you no longer need the state, thought Marx.

But...

If the State didn't exist, the property system would build it. Think about it. If you're Exxon, wouldn't you rather transfer the cost of protecting your Iraqi oil fields to the Pentagon budget? And if you're Walmart, who depends on suppliers from all over the globe, many residing in unstable places... Wouldn't you rather have big government put military bases on every continent and ships in every ocean so as to stabilize your global trade routes?

Put another way. Capitalism is so efficient that it burns through local resources in a hurry. Once the oil runs out in Texas, you need Big Military to clear the way in the Persian Gulf, especially if the people living atop your resources are evil. But it's not just oil. It's the entire universe of global resources and labor.

You appreciate Reagan, right? His big government cost 3x the Carter government. Reagan increased our military presence all over the globe. He used Big Government, in part, to create the global market system - to ensure that communism didn't nationalize vital resource markets. Big Government financed regimes that supported the resource needs of our capitalists. Do you know how much money our government gives to foreign nations? Do you know why? Do you know which interests they are protecting in which regions? Do your news sources ever fill in these details?

The market loves big brother's protective hands. This is why our great and noble John Galts flock to DC for subsidies and regulatory favors. If Big Government didn't exist, the market would build it. Once you realize how much profit comes from centralized power, there's no fighting it.

Human nature wants what it wants.

You start with the old all or nothing fallacy and then you move to it's all inevitable anyways. Well I disagree, I think the feds could easily have 90% of the areas they have insinuated themselves into transferred to the states and it would cost less and the bureaucrats would be more accountable. Government is a necessary evil, big government is just evil and not in the least necessary.

 

[FA_Q2]

If you give a person with $5 million in their bank another half a million, what will they do with it?

They spend it. this lie that the poor spends all their money while the rich horde it is asinine. The rich don't hoard their cash - they spend it in investments which finds its way back into the economy in the exact same manner that purchasing a loaf of bread does. The rich don't want money - it is guaranteed to decrease in value at a pretty damn fast rate. they want ASSETS because those increase in value.

The only real difference in what the poor person spends and the rich spends is what they spend it on.

Interesting point of note: the poor person is FAR more likely to spend their hard earned dollars in WalMart and McDonalds. I certainly would not count those as the best feedback loop in the economy.

 

[frigidweirdo]

If you give a person with $5 million in their bank another half a million, what will they do with it?

They spend it. this lie that the poor spends all their money while the rich horde it is asinine. The rich don't hoard their cash - they spend it in investments which finds its way back into the economy in the exact same manner that purchasing a loaf of bread does. The rich don't want money - it is guaranteed to decrease in value at a pretty damn fast rate. they want ASSETS because those increase in value.

The only real difference in what the poor person spends and the rich spends is what they spend it on.

Interesting point of note: the poor person is FAR more likely to spend their hard earned dollars in WalMart and McDonalds. I certainly would not count those as the best feedback loop in the economy.

Actually, it depends on the person. Say someone will do something is a little crazy.

However, poor people generally spend most or all of their money, that's why they're poor.

Do all rich people pump their money back into the economy? No they don't. To say so would be a lie because we can't know what every person does.

Do all rich people invest their money? No they don't, some might. The point was if the rich person has $5 million just sitting doing nothing in their account, another $1/2 a million isn't going to do much, now is it?

You're saying all the poor do is go to walmart or mcdonalds. Whereas the rich go spend their money at....., or maybe you're making the suggestion that they pay workers, who then go spend their money at walmart or mcdonalds.

However the main points I made were that A) the trickle down effect didn't work. In fact, it made more people poorer, not richer, seeing as it appeared to help cause the worst recession since WW2. Am I right?

Also the other point is, economics often don't really understand the economy. Do we? We can see a few trends and so on, but the economy sort of has a bit of a mind of its own.

To say we should be giving tax breaks, or giving welfare or whatever, to try and pump the economy when, in the case of Bush, the economy clearly didn't need pumping up, but needed relaxing towards a more natural recession, rather than the massive drop we got a few years later, is complete nonsense.

US politics is so polarized that the fight becomes about this sort of thing. Surely it should be about fairness, people paying their way.

It's not about pumping up welfare, nor about the rich using politics to enrich themselves.

 

[Stephanie]

Part of the 787 billion stimulus package was a 237 billion tax cut. 100 billion of it went to the middle class.

Economist's View: Tax Cuts and the Stimulus Package

The Bush tax cuts were much larger, and longer lasting, than Obama's temporary cuts.

Yes you're right. It was much larger mostly for the wealthy. But gues what? Tax cuts for the wealthy only help the wealthy. Trickle down economics is a lie. How do we know? Because those cuts only stimulate supply. They do very little to stimulate demand. As a result, they have no economic effects. Obama has created more private jobs in his 5 years than in Bush's 8 years. The stimulus created or saved 2.5 million jobs. Not just trough cuts, but also demand.

You really are a sheep/parrot...you have all the DNC talking points down to a tee
Bush's tax cuts every citizen received money...Obama's tax cuts were a temporary joke on paper
yet you still bow at Democrat/progressives feet and spew their lies

 

[P@triot]

Eliminate all subsidies and entitlements.. flat tax all income with no ceiling, floor, exception, exemption, exclusion, or deduction....

Simple enough.. BillyTroll should be happy

Are you kidding me? No he won't because he does not want what is fair and simple. Like all Dumbocrats, he wants complicated and convoluted so he can funnel as much money from his fellow citizen into his own greedy pocket.

 

[P@triot]

This is literally as absurd as saying "gravity is a lie".

Trickle down is just an undeniable reality of life (like gravity). Wealthy people create jobs. A poor person never created even a single job in world history.

Wealthy people have money to spend on goods and services. That causes a portion of their wealth to "trickle down" to those people providing the goods and services.

It always amazes me how completely ignorant of even basic economics liberals are. I guess because they don't hold jobs and thus don't participate in the work force they are baffled by economics? I'm not sure what else it could be...

So, if tickle down is a fact, then how come trickle down led the US from having a pumping economy to being in the worst recession since WW2?

Because Obama and the Dumbocrats took over and collapsed the economy with their ignorant socialism.

They raised taxes to punish employers (causing them to either cut jobs or freeze hiring), they devastated employers with tens of thousands of ignorant regulations (causing them to either cut jobs or freeze hiring), and they demonized the job creators (causing them to either cut jobs or freeze hiring).

 

[P@triot]

This is literally as absurd as saying "gravity is a lie".

Trickle down is just an undeniable reality of life (like gravity). Wealthy people create jobs. A poor person never created even a single job in world history.

Wealthy people have money to spend on goods and services. That causes a portion of their wealth to "trickle down" to those people providing the goods and services.

It always amazes me how completely ignorant of even basic economics liberals are. I guess because they don't hold jobs and thus don't participate in the work force they are baffled by economics? I'm not sure what else it could be...

The problem we have here is that the economy is a massive thing, it takes a lot of brains to try and figure out one aspect of the economy and even then they don't necessarily get it.

This really illustrates the ignorance of the left. There is nothing even remotely "complicated" about the economy. It is not nuclear science.

If you cut taxes, cut regulations, and create an environment that rewards job creation, then jobs are abundant.

If you raise taxes to punish job creators, increase regulations to punish job creators, and demonize success, jobs disappear.

It's been proven over and over and over throughout history.

Why do you think corporations endure the cost, pain, and headaches of moving jobs overseas? Because the leaders like learning new languages? Because they like leaving U.S. soil where they no longer enjoy Constitutional rights and protections? Because they enjoy the cost of severance packages for existing employees, the cost of recruiting, hiring, and training new employees, the cost of building new buildings in new countries?

No dumb-ass! They do that because those other nations create an environment for success. They promise job creators low taxes. Inexpensive labor (no union extortion bull shit). Minimum or no regulation. In other words, the cost of doing business is exponentially lower. And that's why they take their jobs there.

Dumbocrats are too dumb to figure out that jobs are basically an auction that goes to the highest bidder. Whoever demonizes and punishes job creators loses jobs. Whoever rewards and welcomes job creators gains jobs. If the idiot Obama would figure that out, he would stop forcing jobs overseas with his marxism.

 

[Gadawg73]

Banks loan their money and the ratio is something like they can loan a certain multiple of deposits.
Car loans, home improvement loans, wrap around loans, construction loans.
Money saved is the problem in this country. Not enough of it and no incentive to do it. FED prints it and Obama gives it away so savings returns are just above ZERO. Amazing how stupidthepublic is. The liberal is illiterate in basic economics. INVESTMENT CAPITAL is the life blood of this country and we have little of it because the left hates everyone that has one penny saved in the bank.
Envy and jealousy is at work and the dumb masses are the ones that have bought into it.
Investment dollars AND THE PRODUCERS are leaving this nation. We have become a nation of lazy, stupid, envious and jealous cry babies that seek to get something in their pocket that someone else earned.

 

[Billy000]

That's the same thing I said. He's a child. He debates like a child.

Child Billy: "Republicans are Satanic"

Everyone else: "... um... no..."

Child Billy: "Oh yeah? Prove me wrong! Prove they are not Satanic!"

Everyone else: .....

He did the same thing in the prior debate. "Republicans are more into subsidizing than Democrats"

Me: "well according to *YOUR LINK*, it shows most of the subsidies are Democrap projects and Liberal causes"

"But you can't PROVE me wrong that Republicans are more into subsidies than Democrats!"

Lol someone is sore aren't they? Shake it off big strong man. You'll get me next time!

I'm sore? lol....

Are you not reading the other posts on this thread? Every post for the last 35 posts, that hasn't been from you... has been people mocking you, insulting you, and pointing out the stupidity of your statements over and over and over.

Absolutely everyone single person on this thread right now, is laughing at you for being an immature child.

And better still... not one leftist in the has been dumb enough to defend you, or even try and support the idiocy that you have spewed, in several pages.

You realize that the last left-wing post, not from you, and not laughing at you, was near the top of page 12?

And I'm sore? LOL

Yeah yeah fruit bat.... you are getting your butt kicked from every direction, by every poster on this thread..... but in your tiny little world... I'm sore.... Ok lol Are there elves in your world? Seems like there should be elves, and maybe unicorns.

Just keep hitting yourself in the face with that hammer, and repeat "he must be sore" over and over.

Lol the longer you rant the more apparent your soreness is. It's rather transparent.

 

[Billy000]

Why are you people so ignorant to not even know what was in the stimulus package?

Oh and I am not saying supply side is important. I just mean it means dick without spending power. Supply side depends on consumer spending.

How are you people not getting this? Bush job growth was pathetic. Obama did much more for the middle class specifically.

 

[Billy000]

Eliminate all subsidies and entitlements.. flat tax all income with no ceiling, floor, exception, exemption, exclusion, or deduction....

Simple enough.. BillyTroll should be happy

Are you kidding me? No he won't because he does not want what is fair and simple. Like all Dumbocrats, he wants complicated and convoluted so he can funnel as much money from his fellow citizen into his own greedy pocket.

So you think I want your taxes? Are you that dense?

 

[Toddsterpatriot]

This is literally as absurd as saying "gravity is a lie".

Trickle down is just an undeniable reality of life (like gravity). Wealthy people create jobs. A poor person never created even a single job in world history.

Wealthy people have money to spend on goods and services. That causes a portion of their wealth to "trickle down" to those people providing the goods and services.

It always amazes me how completely ignorant of even basic economics liberals are. I guess because they don't hold jobs and thus don't participate in the work force they are baffled by economics? I'm not sure what else it could be...

So, if tickle down is a fact, then how come trickle down led the US from having a pumping economy to being in the worst recession since WW2?

If you give a person with $5 million in their bank another half a million, what will they do with it?
If you give 500,000 people living on the bread line $1 each, what will they do with it?

The problem we have here is that the economy is a massive thing, it takes a lot of brains to try and figure out one aspect of the economy and even then they don't necessarily get it.

The Tories in the UK are basking in the glory that their economic policy (cut taxes, cut spending, try and cut the debt level but increase it) has worked. However unemployment in the UK is HIGHER than in the US right now (or at least was when I last looked a few months back).

Why?

If you give a person with $5 million in their bank another half a million, what will they do with it?

Give them half a million? You mean write them a check, out of taxpayer funds, like Obama does for his supporters? Or cut their taxes, so they keep half a million more of their own money?

 

[Andylusion]

Lol someone is sore aren't they? Shake it off big strong man. You'll get me next time!

I'm sore? lol....

Are you not reading the other posts on this thread? Every post for the last 35 posts, that hasn't been from you... has been people mocking you, insulting you, and pointing out the stupidity of your statements over and over and over.

Absolutely everyone single person on this thread right now, is laughing at you for being an immature child.

And better still... not one leftist in the has been dumb enough to defend you, or even try and support the idiocy that you have spewed, in several pages.

You realize that the last left-wing post, not from you, and not laughing at you, was near the top of page 12?

And I'm sore? LOL

Yeah yeah fruit bat.... you are getting your butt kicked from every direction, by every poster on this thread..... but in your tiny little world... I'm sore.... Ok lol Are there elves in your world? Seems like there should be elves, and maybe unicorns.

Just keep hitting yourself in the face with that hammer, and repeat "he must be sore" over and over.

Lol the longer you rant the more apparent your soreness is. It's rather transparent.

LOL the longer you deny it, the more everyone on this entire thread is mocking and laughing at you. It's rather obvious to everyone else but you.

 

[Billy000]

I'm sore? lol....

Are you not reading the other posts on this thread? Every post for the last 35 posts, that hasn't been from you... has been people mocking you, insulting you, and pointing out the stupidity of your statements over and over and over.

Absolutely everyone single person on this thread right now, is laughing at you for being an immature child.

And better still... not one leftist in the has been dumb enough to defend you, or even try and support the idiocy that you have spewed, in several pages.

You realize that the last left-wing post, not from you, and not laughing at you, was near the top of page 12?

And I'm sore? LOL

Yeah yeah fruit bat.... you are getting your butt kicked from every direction, by every poster on this thread..... but in your tiny little world... I'm sore.... Ok lol Are there elves in your world? Seems like there should be elves, and maybe unicorns.

Just keep hitting yourself in the face with that hammer, and repeat "he must be sore" over and over.

Lol the longer you rant the more apparent your soreness is. It's rather transparent.

LOL the longer you deny it, the more everyone on this entire thread is mocking and laughing at you. It's rather obvious to everyone else but you.

Why should be bothered by people who are dumb? I'm right and you know I am right.