Trump 2.0: Project 2025 Could Impact the Economy and Your Finances

Cass is wrong. See related below.*

The Trump team lied. Project 2025 is influential with his transition team and his second cabinet.

Project 2025 Could Impact the Economy and Your Finances

What economic proposals are in Project 2025?

Most of Project 2025 would have economic implications if implemented and many proposals would affect Americans on a personal finance level. While this is not an exhaustive list, here are some key proposals:

Read More »

Welfare Queens and Welfare Fraud

The Rise and Reign of the Welfare Queen

Researcher links government assistance program to much earlier origins of welfare stereotypes

How Bill Clinton’s Welfare Reform Changed America

But based on several studies of TANF and its beneficiaries, “it barely reaches even the poorest Americans, and has all but ceased doing the work of lifting people out of poverty,” according to the Atlantic. “‘Welfare reform’ didn’t fix welfare so much as destroy it, and if similar changes were applied to Medicaid and food stamps, they would likely do the same.”

Americans believe benefits fraud is common for SNAP

Experts say that deliberate SNAP fraud is uncommon because of the rigorous application process and multi-step eligibility review. In 2016, the Congressional Research Service determined that for every 10,000 households participating in SNAP, about 14 contained a recipient who was investigated and determined to have committed fraud.

The Truth About Food Stamps

Who Is Really Responsible for Welfare Fraud?

In other words, don’t take a single example or casual observation of welfare fraud and claim it represents the tens of millions of poor who receive welfare benefits.

While welfare fraud committed by the poor appears to be low, the federal government has long recognized businesses being the true criminals.

While these are some of the better known examples of large scale welfare fraud, they are not the only ones. The above cases alone represent over $25 Billion in welfare fraud recovery. The criminals having the greatest impact committing welfare fraud against the government are not the poor, but the privately owned businesses that take advantage of them.

Brett Favre Is The Welfare Queen Republicans Warned Us About

Updates:

Biggest Perpetrators of Welfare Fraud Are Private Companies, Not ‘Welfare Queens’

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War

This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: How Endless War Bankrupted the US While Inflicting Mass Suffering at Home. Plus: Macron Threatens Internet Shutdown & Update on US Govt’s Private Data Purchases | SYSTEM UPDATE #111

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War via Glenn Greenwald

Related:

America Is Living on Borrowed Money

America’s Wars and the US Debt Crisis

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

The United States faces a default on its debt in early June if a deal on the debt ceiling is not reached between the Biden administration and Republicans in Congress before then. House Speaker Kevin McCarthy is pushing for sweeping budget cuts and new work requirements for recipients of government programs, including Social Security, Medicare, Medicaid and SNAP. Notably, however, neither Republicans nor Democrats are proposing cuts to one of the biggest drivers of the nation’s debt: the massive U.S. military budget. “We’ve got to get this military-industrial lobby under control, but it’s hard to do, because it’s a bipartisan affair,” says our guest, economist Jeffrey Sachs, whose recent article is headlined “America’s Wars and the US Debt Crisis.

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

Previously:

The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine