Welfare Helps the Wealthy Says Ron Paul

I don't disagree at all with this from Ron Paul:

“So the middle class is shrinking and their [sic] losing their jobs and their [sic]  losing their houses, but Wall Street isn’t getting poorer. And they are the ones who are getting the bailout. So we have to address the bailout and the system that favors a certain group over another group. If you don’t have sound money and you have a welfare state, no matter whether the welfare state is designed to help the poor, you know, the welfare system helps the wealthy.”

Welfare does indeed help the wealthy. It helps the wealthy in many ways most people don't realize, and way more in terms of real dollars. Even in ways Ron Paul omits.  Or at least the American Welfare System does.  And that's because we have a system fundamentally designed to see that the rich are taken care of at much higher rates than the poor.

Since 2007 alone, the federal government has spent trillions propping up the wealthy.  This is nothing other than welfare.  For the last decade the federal government has cut taxes disproportionately to favor the wealthy, subsidized their professions, and allowed for very wealthy bosses to mismanage their companies into the ground all the while still receiving hundreds of billions in welfare payments that helped pay their bonuses and golden parachutes.  This is all welfare.  And we as a society have spent way more money subsidizing rich people than we ever have the poor.

I don't think this is necessarily what Ron Paul was saying, nor do I think he would necessarily disagree with it either.  But yes, welfare does help the wealthy.  That's the whole problem nobody wants to talk about.