by The_Toecutter » Thu 12 Jan 2006, 17:56:33
$this->bbcode_second_pass_quote('', 'Y')ou get rid of EIC, Welfare, SS, Food stamps, I'm-a-lazy-ghetto-bag-give-me-money and then I'll start worrying about what the business's are doing.
What the businesses are doing is consuming more money than EIC($30 billion), Welfare($3.5 billion), and Food Stamps($30 billion) combined. Corporate welfare is in excess of $200 billion per year according to Public Citizen. Add to that the fact that the Department of Defense cannot account for 25% of its $500 billion/year expenditures(Nearly $125 billion).
Further, guess where all of that social security money went? Reagan used it to bail out the Savings and Loans industries. Both Reagan, Bush I, and Klinton used it for various defense programs, whether it was that SDI boondoggle to the Gulf War debacle. The politicians AND industries that touched the lockbox should have their assets liquidated to pay it back as much as possible.
Add to that $300billion/year in National Debt interest going to various governments and companies that our irresponsible politicians borrowed from(many of those politiciains, like Bush II, making money off the process since they own bonds, hence more motive for deficet spending).
Then we have a $50 billion/year War on Drugs, pushed by the pharmaceutical, timber, and oil industries to keep medicinal pot and industrial hemp away from the general population so as to keep the cash flowing to them, along with a little defense industry pushing for more contracts for which to scam even more money from the taxpayer.
Then there is the $50/billion a year going to the Homeland Security epartment to the urging of the defense industries, seeking even more federal contracts.
What the businessmen are doing has taken a LOT more of your money. But I agree that both need to be addressed. The one taking the most money needs to be addressed as a priority, however. Those in poverty, that may even need the 'handouts' because there are no jobs around(or they may not even be capable of working due to injury, ect.), are not near the largest sources of expenditures.
For the Fiscal Year 2005, there was a $960 billion federal discretionary budget. 54% went to defense(in which 1/4 of that went 'missing'), 20% to education, training, health, income security, and social services, 4% to international affairs, 4% to administration of justice, 3% to veterans benefits, 3% to the environment, 3% to science and research, 3% to transportation.
Federal discretionary spending, the amount of money Congress can appropriate, is about $960 billion. Just eliminating the WASTE in military spending(ie. killing the unaccounted funds does not reduce effectiveness of the defense initiatives), and all forms of corporate welfare(hidden in the drug war, Homeland Security, ect.), would free over $300 billion(there is overlap within these things). You've just cut the budget authority by a third, and haven't even touched the various forms of 'welfare'. Get rid of food stamps, EIC, and TANF('wefare'), and you only lose $60 billion...
Further, cut the Iraq War and you cut $50 billion/year from defense and international affairs(assuming the corporate welfare from the war has already been cut in defnese, as the total war cost is about $80 billion).
You've cut 42% of all Federal Discretionary spending, without touching any 'welfare' such as TANF, public schools, healthcare, ect.(which is $192billion total).
And even then, you've not yet made actual cuts to the effectiveness of defense spending. Cut say half of the remainder(after the corporate welfare and waste and Iraq War are cut), and another $100 billion is freed.
Now you've cut nearly half of all descretionary spending, and haven't touched anything related to education or welfare or veterans benefits or roads.
See where the money is going? All of those things just now cut are benefitting the businessmen, either in the form of corporate welfare or in the form of the taxpayer having also to pay for their profit margins for a service provided to the government...
The unnecessary felling of a tree, perhaps the old growth of centuries, seems to me a crime little short of murder. ~Thomas Jefferson