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Entitlement Transfers Have Increased 727% in Last 50 Years

germeten Wrote: Sep 03, 2012 10:59 AM

Exactly $16T expropriated by EU banksters via the Federal Reserve to themselves (The Fed is owned by EU banking family stock-holders. See: http://visiontoamerica.com/11920/audit-of-the-federal-reserve-reveals-16-trillion-in-secret-bailouts/ ...) So bankers are entitled to as much as they can steal, and previously working Americans are entitled to nothing but a kick in the @ss / austerity measures because an equal amount of currency must be removed from the economy to keep the value up. curs at the trough competing for and receiving public funds.

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Entitlement Transfers Have Increased 727% in Last 50 Years

As we all know entitlement reform is a big topic of conversation for this upcoming election. Will the Romney/Ryan plan break down Medicare? Will President Obama continue the constantly growing entitlement program?

In a new analysis from The Wall Street Journal we see that entitlement programs have grown at an average rate of 4% each year since 1960.

The growth of entitlement payments over the past half-century has been breathtaking. In 1960, U.S. government transfers to individuals totaled about $24 billion in current dollars, according to the Bureau of Economic Analysis. By 2010 that total was almost 100 times...

Related Tags: Social Security Medicare Entitlement Programs Medicaid