Entitlements make up over half of federal govt spending

On Friday, July 13 (!), at a campaign rally in Roanoke, Virginia — the one where more than 20 people fainted — the POS in the White House gave a “class warfare” speech, decrying the selfishness of “the top 2%” in America and called for increasing their taxes because “they didn’t get there on their own.” The POS said:
“Now, understand, the top 2 percent…most benefited over the last decade from not only tax breaks, but also a lot of the money from increased profits and productivity went up to that top 2 percent.  So the bottom line is, the top 2 percent doesn’t need help.  They’re doing just fine.
…if we spend a trillion dollars on tax cuts for them, we’re going to have to find that trillion dollars someplace else. That means we’re going to have to maybe make student loans more expensive for students. Or we might have to cut back on the services we’re providing our brave veterans when they come home…. Or we might have to stop investing in basic science and research that keeps us as a leading-edge economy….
Now, this is just a small example of the difference between myself and Mr. Romney, between myself and some of the Republicans who are running Congress… I went to Washington to fight for the middle class. (Applause.)  I went to Washington to fight for working people….
if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own… If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges.  If you’ve got a business — you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. “
In other words, the POS was implying that “the rich,” privately-owned businesses, and “successful” Americans refuse to pay “their fair share” of taxes even though they “didn’t get there on their own” but got “there” due to government and all the public works that government has provided — education, infrastructure of roads and bridges, R&D, the Internet.
Zombie of PJ Media wrote a rebuttal in which he presented the pie-chart below of actual federal government spending in FY 2010.

~Click image to enlarge~

Below is a list of all federal government expenditures, with Obama’s “you-didn’t-do-it-alone public benefit” programs highlighted in pink, which altogether account for 24.19% of total expenditures:

Social Security 19.63%
Department of Defense 18.74%
Unemployment/welfare/other mandatory spending 16.13%
Medicare 12.79%
Medicaid and SCHIP 8.19%
Interest on the national debt 4.63%
Health and Human Services 2.22%
Department of Transportation 2.05%
Department of Veteran’s Affairs 1.48%
Department of State 1.46%
Department of Housing and Urban Development 1.34%
Department of Education 1.32%
Other on-budget discretionary spending (1.8%): $149.67
Other off-budget discretionary spending (1.3%): $108.10
Department of Homeland Security 1.21%
Department of Energy 0.74%
Department of Agriculture 0.73%
Department of Justice 0.67%
NASA 0.53%
Department of Commerce 0.39%
Department of Labor 0.38%
Department of Treasury 0.38%
Department of the Interior 0.34%
EPA 0.30%
Social Security Administration 0.27%
National Science Foundation 0.20%
Corps of Engineers 0.14%
National Infrastructure Bank 0.14%
Corporation for National and Community Service 0.03%
Small Business Administration 0.02%
General Services Administration 0.02%
Other agencies 0.56%
Other off-budget discretionary spending 2.97%

What struck me about the pie-chart is how much federal government spending goes to entitlements — Social Security, unemployment, welfare, Medicare, Medicaid, SCHIP (State Children’s Health Insurance Program). I’ve colored entitlement spending in dark red in the list above. Altogether, entitlements account for 56.74% of total federal government spending.

We’re screwed.

See also:

H/t FOTM’s beloved Hardnox
~Eowyn

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dan
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dan

What I saw the other day indicated that 51% are either
working for or subsidized by the government . 🙁
Wait until they seize/appropriate the 401K’s .
Only in America…land of opportunists.

DCG
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Unsustainable…

dan
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dan

‘Won’t matter when they pay us in deflated fiat dollars…
I’ll take mine in constitutional silver dollars,thankyou. 🙂

Paul
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Paul

The only way to save the economy now is to destroy the men of the New World Order and wipe them out. 
   
The only thing the American people can look forward to now is complete utter poverty over time as we pay one million dollars per minute on the debt to the Rothchilds and the Rockefellers at the Federal Reserve. The only way to save the economy now is to destroy the men of the New World Order and wipe them out. 

edward oleander
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edward oleander

Could you be a little more specific on who should be the first up against the wall when the Revolution comes? There are no quick fixes. None. You significantly cut federal spending… instant Depression. You let the deficit grow… not-so-instant-but-longer-lasting Depression. A good first step would be to tighten the regulatory lapses that have allowed us to feed China and India’s voracious economies. Both Bush and Obama created millions of jobs… overseas. Until that leak is plugged, the vast bulk of the American public better watch the Discovery Channel to get an idea what life will be like as our… Read more »

Dave
Editor
Dave

We’re screwed.
And then some.
-Dave

edward oleander
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edward oleander

Eowyn, I think the President was right… No one lives in a vacuum. Steve Jobs and Bill Gates wouldn’t have made billions in Zambia… Besides, most living billionaires inherited their fortunes, they didn’t work hard and sweat buckets to get there. They can afford to give back something to the nation that made them rich. If you look at the stats, most people living in the $100+ Million Club got their money, in large part, by having access to money, education, and a network of other rich people that folks like you or me NEVER will have. They got the… Read more »

DCG
Admin

Suggest you read Atlas Shrugged.
Taxing the rich always works. Except when you spend more than the rich have.

edward oleander
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edward oleander

This is my last post on FOTM. I have enjoyed the discussions and been thoroughly surprised at how I’ve learned about myself. Dr. Eowyn and I have differences that are irreconcilable. It isn’t a matter of right or wrong, but this IS her blog. It is only polite that I now bow out and wish you all peace and prosperity in the future. Take care.
[The rest of edward oleander’s comment was deleted because FOTM is not a forum for his left-wing socialist propaganda, which you can all find ad nauseum in other media and forums. ~Dr. Eowyn, owner of FOTM]

Dana
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Dana

As far as I am concerned Social Security is NOT an entitlement! It is something that I have worked for and earned. I put money into that ‘retirement fund’ every paycheck for something that I will never see when/if I ever get to retire.