Saturday, March 02, 2013

How to keep people poor and bankrupt the middle class

According to the Congressional Budget Office (CBO) in a report on February 11, about one-sixth of federal spending went to “means-tested welfare” in 2011 through 10 major programs.  Medicaid is the biggest chunk, and the second-largest is the food stamp program. 

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Eligibility for these programs has expanded as has the generosity of the benefits. They are a disincentive both to work harder or smarter or advance, and a disincentive for marriage, so they have probably hurt women and children the most.

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