Latest / The 47 Morning Update with Ben Ferguson

It's a Wel-fraud Wonderland, Industrial-Scale Theft in Minnesota & GDP Boom vs. Media Gloom Week In Review
1. Welfare System Fraud and Structural Issues Based on an op-ed by Phil Gramm and John Early in The Wall Street Journal titled “The Biggest Fraud in Welfare”. Key points: U.S. welfare spending has skyrocketed 765% since the mid-1970s, now totaling $1.4 trillion annually. If distributed evenly among the 19.8 million families classified as poor, each would receive $71,000 per year. The government fails to count non-cash benefits (Medicaid, housing subsidies, food stamps) as income, creating a distorted picture of poverty. Example: A single parent earning $11,000 annually can receive…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.