The rational was that no-one else knows the shitstem like they do. If one wants to keep the chicken coop safe one should talk to the foxes.
Never in a million years could have seen this coming.
- Thread starter Max E.
- Start date
The rational was that no-one else knows the shitstem like they do. If one wants to keep the chicken coop safe one should talk to the foxes.
WAG. What percent of the following do YOU think is wasted on the non-deserving ?
the refundable portions of the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families through the tax code; programs that provide cash payments to eligible individuals or households, including Supplemental Security Income for the elderly or disabled poor and unemployment insurance; various forms of in-kind assistance for low-income families and individuals, including SNAP (food stamps), school meals, low-income housing assistance, child care assistance, and assistance in meeting home energy bills; and various other programs such as those that aid abused and neglected children.
Come to think of it, let's say 8%, that still makes around 1% of the total budget. How about 10%? That makes it 1.2%.
Or that he was grossly unprepared and hadn't the least idea what to do. Given how things have gone, I tend to go with this.
And he should be expected to know all about Wall St? He did the right thing by bringing in those with the experience.
Well, if he wanted to be President of the United States, yes.
Depends on the experience. Seems they were mostly experienced in saving the asses of the bankers.
Not that I see any improvements if Hillary is elected.
So you made a wild ass guess, and you're using this complete guess to poke fun at conservatives who think welfare fraud is a problem.
Am I understanding this correctly?
For once, something we can agree on. One of the reasons I voted for Obama the first time was that I was bamboozled into believing the guy was truly about change - I wanted to see all those on Wall Street responsible for the crisis prosecuted. But then Obama put all the criminals in charge who drove the issues in the first place. And what did they do? Pushed themselves a bailout.
Actually, a 3 to 6% rate of "cheating", to use an umbrella term to cover all kinds of theft (but not productivity sinks), is fairly typical of most organizations with ordinary internal controls and oversight. As I mentioned before, you can spend more to find it and prevent it, like banks do, but you still have to use a Pareto approach else you'll start losing more on enforcement. At the end of the day, 3 to 6%.
So 7% is not astounding, if it makes his point anyway, but we can certainly discuss how much fraud is tolerable in such a government program. I think the big fruit is found within military/industrial contracts, but the auditors there are... probably captured anyway.
Yes.
I notice you lack the courage to make a guess yourself.
Come on, throw a number at us. How much of this goes to the non-deserving?
the refundable portions of the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families through the tax code; programs that provide cash payments to eligible individuals or households, including Supplemental Security Income for the elderly or disabled poor and unemployment insurance; various forms of in-kind assistance for low-income families and individuals, including SNAP (food stamps), school meals, low-income housing assistance, child care assistance, and assistance in meeting home energy bills; and various other programs such as those that aid abused and neglected children.
I could make a guess, sure. It would be as totally irrelevant as yours. Here's my random guess - 27.3%. I don't lack courage to make a wild ass guess. You lack a brain to see why it is stupid to do so.