Tuesday, December 9, 2014

This Should Make You Very Uncomfortable

The Heritage Foundation has just released its report on 'Federal Spending by the Numbers, 2014'. It makes horrifying reading.

Here are a few of the most important figures in graphical form.

Yes, 69% - well over two-thirds - of all federal government expenditure went to entitlement and welfare programs. Out of every $3 the government spent, just over $2 was a handout of one sort or another. Less than $1 went to actually run the country.

In order to spend all that money on entitlement and welfare programs, the US government is deeper in debt than ever before - and note that this figure does not include future promises to taxpayers, which add tens of trillions of dollars to the debt load, but keep it off the books so that the politicians can pretend it doesn't exist.

That way they can fool the electorate into re-electing them.