Sunday, May 27, 2012

America Turns into Handout Nation


by Daniel Halper

A striking chart showing that, over the last decade, 65 percent of federal expenditures went to pay for entitlement commitments, not wars in Iraq and Afghanistan, defense, or national security:

Photo Credit: Foreign Policy

Photo Credit: Foreign Policy

"About 65 percent of federal expenditures over the last ten years have gone towards entitlements," Paul Miller writes. "By comparison, about 15 percent has gone towards national defense, excluding the wars in Iraq and Afghanistan. Iraq has cost three percent, and only about one percent has gone towards the war in Afghanistan (including the cost of ongoing military operations and all reconstruction and stabilization assistance combined), according to my analysis of figures from OMB."

In other words, Miller says, "Afghanistan is the second-cheapest major war in U.S. history as a percentage of GDP, according to the Congressional Research Service."

Daniel Halper

Source: http://www.weeklystandard.com/blogs/last-decade-65-percent-federal-expenditures-paid-entitlements_645873.html

Copyright - Original materials copyright (c) by the authors.

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