Our Trillion-Dollar Welfare State
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 24 April 2012
⏱️ 5 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Tuesday, April 24, 2012. I'm Caleb Brown. Welfare programs in the United States spend more than $40,000 for every poor man, woman, and child in America. |
| 0:13.0 | Yet poverty persists. |
| 0:15.0 | Cato Institute Senior Fellow Michael Tanner is author of the new report, |
| 0:18.0 | The American Welfare State, |
| 0:20.0 | how we spend nearly $1 trillion a year fighting poverty and fail. |
| 0:24.5 | We spoke last week. |
| 0:26.1 | Well, most people when they hear welfare think of the cash payment program known as |
| 0:30.6 | temporary assistance to needy families used to be aid for dependent |
| 0:34.0 | children but that's just a small portion of welfare the reality is the |
| 0:39.6 | federal government currently operates a hundred and twenty six different anti-poverty programs. |
| 0:46.7 | And state and local governments operate additional anti-poverty programs on top of that. |
| 0:51.7 | In fact, federal and state governments combined spend just |
| 0:54.9 | under one trillion dollars every year on anti-poverty efforts. And how many |
| 1:00.5 | Americans are we talking about? Well if you you want to define the poverty level per se, |
| 1:05.0 | that's about 25, 26 million Americans who live at the poverty level are below. |
| 1:11.0 | But the people who are receiving benefits from these programs is in excess of 100 million. |
| 1:16.7 | Well that's right, because most of these programs are actually fairly badly targeted. |
| 1:20.8 | They reach people who are above the poverty level and they also don't reach people |
| 1:26.7 | who are actually poor. |
| 1:29.4 | The reality is that about 52% of all income in this country now comes from the government |
| 1:34.7 | either in the forms of transfer payments or or salaries from the government. |
| 1:39.1 | Economists when they talk about welfare are often heard to say well look let's just cut these people a |
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