-Caveat Lector-
to the part about
>In 1992, susbsidies to agriculture amounted to $29 billion, more than was
spent on AFDC. 11 <
Look at who actually gets those susbsidies,
very seldom is it the individual farmer.
The Pesticide companies, herbicide companies -
you get the picture?
Piper
William Hugh Tunstall wrote:
Myth
> "The poor in this country are the biggest piglets at the mother pig and
> her nipples...They're the ones who get all the benefits in this country.
> They're the ones that are always pandered to." Rush Limbaugh, radio
> talk show host 5
>
> Reality
>
> The affluent get more from the government than the poor.
>
> In 1992, the government spent $464 billion on entitlements that people
> receive regardless of their income level, such as Social Security,
> Medicare, veterans' pensions and retirement, and unemployment insurance.
> That's about ten times more than was spent on AFDC and Food Stamps in the
> same year. 6
>
> In 1994, 29% of families with income of $150,000 or more received
> government benefits averaging more than $16,000 through programs such as
> Social Security. Families with incomes of less than $10,000, in contrast,
> received benefits averaging less than $8,000." 7
>
> Aid to Dependent Corporations
>
> Myth
>
> "Corporate welfare is anti-business as well as anti-taxpayer."
> Cato Institute 8
>
> Reality
> Despite criticism, corporate welfare has resisted reform, enjoying
> enormous support from special interest groups and powerful businesses.
>
> The federal government doles out $85 billion yearly in direct subsidy
> programs to private business, a sum that amounts to about a third of the
> annual federal budget deficit. 9
>
> The total cost of bailing out failed savings and loan associations over a
> period of 10 years has been estimated at least $200 billion. 10
>
> In 1992, susbsidies to agriculture amounted to $29 billion, more than was
> spent on AFDC. 11
>
> Corporations are getting more and more tax breaks.
>
> The Office of OMB estimates the cost of tax breaks to corporations and
> wealthy individuals in $440 billion, more than SEVENTEEN times combined
> state and federal spending on AFDC. 12
>
> Today, federal taxes paid by corporations average only about 24% of
> profits, compared with about 45% in the 1950s. 13
>
> As a result, corporations now account for a smaller share of tax revenues,
> leaving individual taxpayers to make up the difference. In 1995,
> corporate taxes amounted to only 10% of total federal tax revenue compared
> with 23% in 1960. 14
>
> Myth
>
> "The poorest people in America are better off than the mainstream families
> of Europe." Rush Limbaugh 15
>
> Reality
>
> The main reason for lower poverty rates in Europe is simple: Their tax and
> transfer programs work better than ours.
>
> The US devotes a smaller percentage of its GDP to social expenditures than
> France, Sweden, the UK, or Germany. 16
>
> They also provide much more support for parents than the US does, in the
> form of family allowances, publicly subsidized child care, and paid family
> leaves from work. 17
>
> ---
>
> 1 Ronald Reagan, State of the Union Address, 1-25-98
> 2 Republican Study Committee, Running from Reality: How Liberals Can't
> the Failure of the Welfare State, 5-19-94, p. 1.
> 3 Federal Register 60, no. 27, 2-9-1995, p. 7772.
> 4 Christopher Jencks, Rethinking Social Policy, NY, Harper, 1992.
> p.209.
> 5 R. Limbaugh, The Way Things.., NY: Pocket Books, 1993, p.41.
> 6 Statistical Abstract of the US 1994, p. 372.
> 7 David Hage, America's Other Welfare State, USNewsWorld Report,
> 4-10-95,
> p. 34.
>
> 8 Stephen Moore, How to Slash Welfare Corporate Welfare, NYTimes,
> 4-5-95,
> A25.
> 9 "Go After Corporate Welfare," NYTimes, 1-17-95, p. A18.
> 10 Folbhre and the CPE, New Field Guide to the Am Econ., p. 9
> 11 Center for Responsive Politics, Washington 1994.
> 12 Chuck Collins, "Aid to Dependent Corporations: Exposing Federal
> Handouts to the Wealthy," Dollars and Sense, May-June 1995, p. 15.
>
> 13 Folbre and the CPE, p.5.12.
> 14 Budget of the US Government, Historical Tables 1995 pp 23-24.
> 15 Qtd. in Steve Rendall, et. al., The Way Things Aren't:.." NY: The
> New Press, 1995, p. 22.
> 16 Mishel and Bernstein, The State of Working America, Armonk: SHarpe,
> 1994.
> 17 Gary Burtless, "Public Spending on the Poor: Historical Trends and
> Economic Limits," Danziger, Sandefur, and Weinberg, p. 82.
>
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