posted on 11/12/2012 9:47:12 AM PST
by Travis McGee
To: Travis McGee
He says that nearly 40 percent of these transfers aim to relieve poverty (through Medicaid, food stamps, unemployment insurance and the like), while most of the rest goes to the elderly (mainly through Social Security and Medicare).
Unemployment insurance, Social Security and Medicare differ from Medicaid, food stamps and other welfare programs in that most beneficiaries have PAID INTO THEM.
posted on 11/12/2012 12:17:43 PM PST
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