background preloader

Think by Numbers » Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs

Think by Numbers » Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs
Time Magazine, Vol. 152 No. 19 About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006. Before we look at the details, a heartfelt plea from the Save the CEO’s Charitable Trust: There’s so much suffering in the world. “It felt like a slap in the face. It doesn’t have to be this way. For just $93 billion a year the federal government is able to provide a better life for these CEO’s and their families. Definition: social welfare n. When one thinks about government welfare, the first thing that comes to mind is the proverbial welfare queen sitting atop her majestic throne of government cheese issuing a royal decree to her clamoring throngs of illegitimate babies that they may shut the hell up while she tries to watch Judge Judy. TANF (Temporary Aid to Needy Families) Graph Source: n. Related:  $$$$Politics

This Chart Shows The Bilderberg Group's Connection To Everything In The World Many American Workers Are Underemployed and Underpaid She opened it occasionally to reread a favorite verse from Philippians: “And my God will meet all your needs according to the riches of his glory in Christ.” Ms. Woods’s current job has not been meeting her needs. When she began driving a passenger van last year, she earned $9 an hour and worked 40 hours a week. Then her wage was cut to $8 an hour, and her hours were drastically scaled back. Last month she earned just $233. “I’m looking for something else, anything else,” she said. These are anxious days for American workers. “Unfortunately, the wage problems brought on by the recession pile on top of a three-decade stagnation of wages for low- and middle-wage workers,” said Lawrence Mishel, the president of the Economic Policy Institute, a research group in Washington that studies the labor market. And household wealth is dropping. Expenses like putting a child through college — where tuition has been rising faster than inflation or wages — can be a daunting task.

I asked psychologists to analyze Trump supporters. This is what I learned. (Rachel Orr, The Washington Post) CALL him whatever names you like. A clown. You can call him a blowhard if you want, but -- to the consternation of the conservative elite and to the surprise of just about everybody else inside the Beltway -- Donald Trump won't blow off. The press mocked his rambling, hour-long speech at the launch of his campaign, in which he disparaged Mexican immigrants as "rapists." But as the summer of Trump lingers into autumn, the real estate magnate remains the front-runner in the Republican presidential primary. "What he did was, he fired up the crazies," McCain said after Trump held a rally in Phoenix. Play Video1:42 The GOP still can't do much about Trump, even after he calls for banning Muslims Even after presidential candidate Donald Trump called for a ban on Muslim immigration, there's not much the Republican establishment can do about him. From a psychological perspective, though, the people backing Trump are perfectly normal. We like people who talk big.

Should the government intervene in the economy? One of the main issues in economics is the extent to which the government should intervene in the economy. Free market economists argue that government intervention should be strictly limited as government intervention tends to cause an inefficient allocation of resources. However, others argue there is a strong case for government intervention in different fields. Hoover Dam built in the 1930s with government funds Summary of whether should the government intervene in the economy. Arguments for Government Intervention Greater Equality – redistribute income and wealth to improve equality of opportunity and equality of outcomeMarket Failure – Markets fail to take into account externalities and are likely to under-produce public / merit goods. Arguments against Government Intervention Governments liable to make the wrong decisions – influence by political pressure groups, they spend on inefficient projects which lead to inefficient outcome.Personal Freedom. Fairness. Inherited wealth. 1. 2.

The Austerity Agenda “The boom, not the slump, is the right time for austerity.” So declared John Maynard Keynes 75 years ago, and he was right. Even if you have a long-run deficit problem — and who doesn’t? — slashing spending while the economy is deeply depressed is a self-defeating strategy, because it just deepens the depression. So why is Britain doing exactly what it shouldn’t? Unlike the governments of, say, Spain or California, the British government can borrow freely, at historically low interest rates. Over the past few days, I’ve posed that question to a number of supporters of the government of Prime Minister David Cameron, sometimes in private, sometimes on TV. The bad metaphor — which you’ve surely heard many times — equates the debt problems of a national economy with the debt problems of an individual family. The answer is that an economy is not like an indebted family. So what happens if everyone simultaneously slashes spending in an attempt to pay down debt? This isn’t a new insight.

This Machine Can Tell Whether You're Liberal or Conservative Thomas Jefferson was a smart dude. And in one of his letters to John Adams, dated June 27, 1813, Jefferson made an observation about the nature of politics that science is only now, two centuries later, beginning to confirm. "The same political parties which now agitate the United States, have existed through all time," wrote Jefferson. Tories were the British conservatives of Jefferson's day, and Whigs were the British liberals. Jefferson didn't have access to today's scientific machinery—eye tracker devices, skin conductance sensors, and so on. "We know that liberals and conservatives are really deeply different on a variety of things," Hibbing explains on the latest episode of the Inquiring Minds podcast (stream above). This is not fringe science: One of Hibbing's pioneering papers on the physiology of ideology was published in none other than the top-tier journal Science in 2008. It all adds up, according to Hibbing, to what he calls a "negativity bias" on the right. Routledge

Salaries of Government Officials – Current Annual Salaries of Top US Government Officials Shown below are the current annual salaries for the top elected and appointed US government officials, along with the annual salaries for these officials in 2000 or 2001. Executive Branch President of the United States 2014: $400,000 2000: $200,000Note: The president's salary was increased from $200,000 to $400,000 in 2001. The president's current salary of $400,000 includes a $50,000 expense allowance.Also See: Presidential Pay, Compensation and BenefitsVice President of the United States 2014: $230,700 2000: $181,400Legislative Branch - US Congress Rank-and-File Senators and Representatives 2014: $174,000 2000: $141,300Also See: The 10 Wealthiest Members of CongressSpeaker of the House 2014: $223,500 2000: $181,400House and Senate Majority and Minority Leaders 2014: $193,400 2000: $156,900Note: Last salary increase for Members of Congress came in 2009.Also See: Salaries and Benefits of US Congress Members Judicial Branch

What Happened to the Craftsmanship Spirit? — Essay THE scene inside the on Weyman Avenue here would give the old-time American craftsman pause. In Aisle 34 is precut vinyl flooring, the glue already in place. In Aisle 26 are prefab windows. Stacked near the checkout counters, and as colorful as a Fisher-Price toy, is a not-so-serious-looking power tool: a battery-operated saw-and-drill combo. It’s all very handy stuff, I guess, a convenient way to be a do-it-yourselfer without being all that good with tools. This isn’t a lament — or not merely a lament — for bygone times. That should be a matter of concern in a presidential election year. The Obama administration does worry publicly about manufacturing, a first cousin of craftsmanship. Ask the administration or the Republicans or most academics why America needs more manufacturing, and they respond that manufacturing spawns innovation, brings down the trade deficit, strengthens the dollar, generates jobs, arms the military and kindles a recovery from . That self-image is deteriorating.

What Reporter Behind Touted 9/11 Report Says About Trump’s Claims For almost two weeks now, Donald Trump has been asserting that "thousands" of Muslims in New Jersey were celebrating the terrorist attacks on Sept. 11, 2001. Today, a senior adviser to Donald Trump's presidential campaign, Dan Scavino, said he was backing up Trump's claims by tweeting a video report by former WCBS-TV reporter Pablo Guzman describing celebrations in Jersey City, N.J., after the World Trade Center collapsed. Scavino’s tweets prompted Guzman to respond on Twitter. @DanScavino @WCBSTV Far from thousands. Guzman said the video does not show anyone celebrating and he disputes Trump's claims. Reached by phone Wednesday, the now-retired Guzman told ABC News his 9/11 news report came via Jersey City and Port Authority sources, all of whom told him it was "reports of at most a handful of people...mostly from the same building in Jersey City." Guzman said all of these reports were "mostly anecdotal. "I saw it at the time.

Related: