Why so much more entitlement spending

LilOlLady

Gold Member
Apr 20, 2009
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Reno, NV
WHY SO MUCH MORE ENTITLEMENT SPENDING

The reason there is so much more entitlement spending under Obama is because he inherited the mess Bush made and we didn’t began to feel the full effect until Obama took office. Bush with Right Wing congress supporters spent money we did not have and borrowed money we could not pay back. Money spent on two wars creating 20,000 vets on disability and other entitlements. Bush allowing business to ship jobs overseas creating 20 thousand Americans on unemployment insurance, food stamps and other entitlements. If Right Wing congress supporter of Bush want to see the face of blame, they should look into a mirror.

Obama did not start two wars, did not give tax cuts to the rich and did not spend a $236 billion surplus and racked up a debt of $1.3 trillions.
When President Bush took office in 2001, he inherited a $236 billion budget surplus, with a projected 10-year surplus of $5.6 trillion. When he ended his term, he left a $1.3 trillion deficit and a projected 10-year shortfall of $8 trillion.
PolitiFact | Axelrod claims Bush saddled Obama with a big deficit
 
Part of it is Obama's fault for expanding food stamps and SSI disability.

But the demographics are catching up with the U.S. as well. In 1945, there were 42 taxpayers per SS beneficiary. In 2010, that ratio had fallen to 2.9:1.

It's A Ponzi Scheme in which the relatively better off old mug the relatively poorer young.
 
Part of it is Obama's fault for expanding food stamps and SSI disability.

But the demographics are catching up with the U.S. as well. In 1945, there were 42 taxpayers per SS beneficiary. In 2010, that ratio had fallen to 2.9:1.

It's A Ponzi Scheme in which the relatively better off old mug the relatively poorer young.

when SS is mentioned we must always remember that 15% of an average Americans income would yield $1.4 million at retirement if it had been invested in a private account. The dog food money libturds give us now at retirement is merely a way of showing us how stupid we are.
 

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