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Entitlement Transfers Have Increased 727% in Last 50 Years

Jerry1 Wrote: Sep 02, 2012 6:31 PM There is a pdf of his BC, now if Sheriff Arpaio, could get a footprint, and match this one, ruh roh.

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...