Did We Read This Right…..They Gotta Be Kidding, Nope They’re Not Kidding
Posted By thestatedtruth.com on March 8, 2013
Here are the key words from below: Two categories of spending represent 12.5% of all discretionary spending. These costs go up when the economy is weak, they have never, repeat never declined.
Consider just these two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits.
1) Food Stamps cost the government $82b in 2012, up from $25b in 2003 (325% increase).
2) The Earned Income and Child Credits cost $80b, up from $33b in 2003 (240% increase).
Bruce Krasting
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