The Obama Administration is fond of claiming that the economy is recovering, but for the third year in a row, over 45 million people are on food stamps. Excerpt:
According to the Department of Agriculture’s most recently released data, the number of individuals enrolled in the food stamp program (known officially as the Supplemental Nutrition Assistance Program, or SNAP) has remained above 45 million every single month for three years straight.
In May 2011, 45,410,683 individuals received food stamps. As of May 2014 (the most recent date for which data are available), 46,225,054 people were on food stamps. At no point between the two dates did the number of food stamp enrollments ever fall below the 45 million mark.
Food stamp enrollments have soared due to President Barack Obama’s categorical eligibility provisions, aggressive enrollment marketing, a bleak economy, and intense lobbying by large corporations who bag millions of taxpayer dollars as food stamp enrollments climb. Indeed, a report by the Government Accountability Institute (GAI) found that JP Morgan bagged well over half a billion dollars ($560,492,596) since 2004 processing the Electronic Benefits Transfer (EBT) cards of 18 of the 24 states it holds contracts with.
Only last Friday we discussed where the food stamp program should be going, and how it should be administered. But on top of that discussion, there is one line above that is troublesome: “Food stamp enrollments have soared due to President Barack Obama’s categorical eligibility provisions, aggressive enrollment marketing…”
Why the holy living hell is the Imperial Federal government conducting “aggressive enrollment marketing” for food stamps? Who (aside from JP Morgan) is profiting from this explosion in transfer payments? Is it not enough that transfer payments have exploded right along with Imperial debt in the last six years – must we spend more taxpayer dollars to advertise these payments?
Is this the way to economic growth? No, it is not; not only no but hell no. This is the way to fiscal ruin.