Sunday, October 28, 2012

$60,000 Per Poor Household? Not After The Bureaucrats Got Their Cut...

Over $60,000 in Welfare Spent Per Household in Poverty | The Weekly Standard: ""According to the Census’s American Community Survey, the number of households with incomes below the poverty line in 2011 was 16,807,795," the Senate Budget Committee notes. "If you divide total federal and state spending by the number of households with incomes below the poverty line, the average spending per household in poverty was $61,194 in 2011."  

This dollar figure is almost three times the amount the average household on poverty lives on per year. "If the spending on these programs were converted into cash, and distributed exclusively to the nation’s households below the poverty line, this cash amount would be over 2.5 times the federal poverty threshold for a family of four, which in 2011 was $22,350 (see table in this link)," the Republicans on the Senate Budget Committee note."
But even after the Obama "free phone" trickle down, calling these people impoverished -- especially compared to most of the rest of the world -- is simply ridiculous.