Tag Archives: Socialism

What Our Tax Money Buys

The Federal Pack o Gum Entitlement

The Federal Pack o' Gum Entitlement

Even if you believe in entitlements and social welfare programs, $1 worth of food stamps sent to 250,000 people seems like a total waste of money:

The state of Washington sent out $1 checks to the 250,000 food stamp recipients in the state. The director of the Community Services Division for the Department of Social and Health Services, Leo Ribas, says the checks mailed Feb. 17 trigger an additional $43 million in federal food benefits. They also connect recipients to an energy assistance program. Ribas says the $1 check is a one-time move to leverage the federal money [Emph Added].

Was there no way to send $250K of foodstamps to say, 5000 people, so the recipients could have bought something besides a pack of gum, and still “triggered” the additional federal entitlement money? When talking about trillion dollar budgets, special calculators are likely needed to measure the impact of 250,000 dollars. But when governments waste a taxpayer-funded entitlement in a manner that does not help the people it is intended for, solely for the purpose of obtaining more entitlement money, it causes taxpayers to question the entitlement in the first place. And the governments administering them.

Update: Speaking of questioning government and entitlements,  House Dems are preparing to unveil a brand new $410 billion dollar spending bill

to keep the government running through the end of the fiscal year, setting up the second political struggle over federal funds in less than a month with Republicans. The measure includes thousands of earmarks, the pet projects favored by lawmakers but often criticized by the public in opinion polls. There was no official total of the bill’s earmarks, which accounted for at least $3.8 billion.Democrats defended the spending increases, saying they were needed to make up for cuts enacted in recent years or proposed a year ago by then-President George W. Bush in health, education, energy and other programs. Republicans countered that the spending in the bill far outpaced inflation, and amounted to much higher increases when combined with spending in the stimulus legislation that President Barack Obama signed last week.     .     . Congressional expenses are included. The bill provides $500,000 for what is described as a Senate “pilot program” that will defray the cost of mass mail postcards to households notifying them of a nearby town meeting to be attended by any senator [Emph added].

Question indeed.

Which Road Are We On?

serfdom-top

So, which road are we on?

The stimulus has passed both Houses now, with the support of only three Republicans, all in the Senate. The trillion dollar bill, which supposedly no one in Congress took the time to read before voting on, flew through Congress in the fast lane, and will be signed into law next week, presumably after the President returns from his President’s Day holiday in Chicago.

As the stimulus marketing campaign came to a close, some other details about the bill have become clear, and there are many indications that it would have been valuable to discuss the merits of the bill’s specific provisions a bit more, rather than wax poetically about  things like “winter”, and “hardship”.

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The Stimulus Bill is Here

buzzards

The 70% Solution is in.

Someone posted the complete Senate “compromise” spending stimulus bill here, at readthestimulus.org.

Here are some of the things that this “pared down” bill (which costs $7 billion more than the House version) pays for:

figures in the thousands

Agriculture: $5,109,430
Commerce: $21,513,000
Defense: $3,746,000
Energy & Water: $53,843,000
Financial & Gen. Govt: $10,762,000
Homeland Security: $5,076,700
Interior: $11,643,600
Labor, HHS, Education: $169,184,000
Military & VA: $7,428,295

By the way, in case you are interested, there are only three Republicans supporting this bill in the Senate, Senators Specter, Snowe, and Collins; their phone numbers are here:

Collins (202) 224-2523
Snowe (202) 224-5344
Specter (202) 224-4254

UPDATE: Emails and phone numbers for ALL of the Senators are located here.

Did you finish reading the hundreds of pages of the stimulus bill? Good. Feel free to learn about Japan’s stimulus misadventures during their lost decade. And check out Mickey Kaus’ exploration of how the bill will reward states for expanding welfare caseloads. Or peruse this interview in The Atlantic with Harvard Economist Robert Barro, where he states that the stimulus

is probably the worst bill that has been put forward since the 1930s. I don’t know what to say. I mean it’s wasting a tremendous amount of money. It has some simplistic theory that I don’t think will work, so I don’t think the expenditure stuff is going to have the intended effect. I don’t think it will expand the economy. And the tax cutting isn’t really geared toward incentives. It’s not really geared to lowering tax rates; it’s more along the lines of throwing money at people. On both sides I think it’s garbage.

And don’t forget, when all is said and done, this bill is OUR money that the government is planning to spend to kickstart the economy. Mind-numbing amounts of that money are going to things that are Seven-Degrees-of-Kevin-Bacon away from impacting the economy, if at all. Money for STD research? Repairs to the Commerce Department building?

If the government feels we all must chip in, we must DO SOMETHING to save the economy, rather than figure out the intricacies of gonorrhea it should send a $10,000.00  gift card to every American household ( equivalent to the amount of money this bill is going to burn through), and let us spend it; I would use  my part of the stimulus as a downpayment on a Challenger R/T, Keynesian economics be damned.

The Senate is poised to vote on this bill tomorrow, apparently.

Reason’s Stimulus Analogy

Pretty Funny!