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Politics : Foreign Affairs Discussion Group
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To: GST who wrote (148175)10/19/2004 1:38:35 PM
From: Neocon  Read Replies (1) of 281500
 
Entitlements now amount to over half of all federal spending. Over the postwar era, entitlements have been the fastest-growing category of federal outlays rising from under half to over double the size of defense and far outstripping the growth of the economy. Retirement and health-care programs that primarily benefit older Americans account for virtually all the expansion and today comprise over three-quarters of all federal entitlement outlays. The lion's share of federal entitlement dollars are disbursed without regard to financial need and are at the same time indexed to the CPI. Less than one sixth of entitlement spending helped raise people and families out of poverty. The middle class (many who can afford to pay their own way) are the recipient of most Entitlement spending.

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