Social Welfare State, American-Style, Means Relief For The Rich ... (health care, Barack Obama, retirement)

[sundrop]

Very interesting article...

WASHINGTON -- Republican presidential contender Mitt Romney has taken to accusing President Barack Obama of trying to turn the United States into a European-style social welfare state.
The hyperbole about Obama's actions aside, the United States already is a social welfare state -- almost right up there with the Europeans -- if you measure the total amount of drain on the Treasury caused by spending and subsides on such things as health care and retirement.
The one big difference is that in the American social welfare state, a lot of the benefits go to the rich.





Social Welfare State, American-Style, Means Relief For The Rich

[gwynedd1]

Originally Posted by Chromekitty

Very interesting article...

WASHINGTON -- Republican presidential contender Mitt Romney has taken to accusing President Barack Obama of trying to turn the United States into a European-style social welfare state.
The hyperbole about Obama's actions aside, the United States already is a social welfare state -- almost right up there with the Europeans -- if you measure the total amount of drain on the Treasury caused by spending and subsides on such things as health care and retirement.
The one big difference is that in the American social welfare state, a lot of the benefits go to the rich.





Social Welfare State, American-Style, Means Relief For The Rich

We are basically the old British Empire that takes the edge of Victorian era stratification and poverty.

Its not free market capitalism.