Welfare Spending Equates to $168 Per Day

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by cheesewiz, Dec 7, 2012.

  1. cheesewiz

    cheesewiz Active Member

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    The amount of money spent on welfare programs equals, when converted to cash payments, about "$168 per day for every household in so called poverty.

    According to the Senate Budget Committee, welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.

    Based on data from the Congressional Research Service, cumulative spending on means-tested federal welfare programs, if converted into cash, would equal $167.65 per day per household living below the poverty level," writes the minority side of the Senate Budget Committee.

    "By comparison, the median household income in 2011 of $50,054 equals $137.13 per day. Additionally, spending on federal welfare benefits, if converted into cash payments, equals enough to provide $30.60 per hour, 40 hours per week, to each household living below poverty.

    The median household hourly wage is $25.03. After accounting for federal taxes, the median hourly wage drops to between $21.50 and $23.45, depending on a household’s deductions and filing status. State and local taxes further reduce the median household’s hourly earnings. By contrast, welfare benefits are not taxed."
  2. carver

    carver Moderator

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    And they want to cut my SS, and medicare so these bums can have even more! $137.13 per day comes out to about $960 per week, or $3800 per month. Per year that's $46,000 plus per year, and no taxes on that income!
    Last edited: Dec 7, 2012
  3. gvw3

    gvw3 Well-Known Member Supporting Member

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    Looks like you would be better going on welfare than social security. Don't forget the part time income they generate selling drugs.
  4. steve4102

    steve4102 Former Guest

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    Sounds good. I will be collecting welfare or disability or both by summer 2013. Damn I luv free. Go Obama Go! Keep it up, maybe I will get me even more Free.
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