I read once that for every tax dollar taken by our income redistibuting welfare system, only 17 cents actually lands in the hands of a recipient. In essence, welfare is 500% inefficient. Reducing it to 100% would save countless billions and balance the budget in a couple years.
I remember hearing about welfare too, but I thought it was 28 cents efficient per dollar spent. Ain’t government great?
In essence, welfare is 500% inefficient.
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Sorry, some of us have trouble with the new insane math expressions, could you please use an expression that makes sense?