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Thursday, March 8, 2012

Millionaire Collects Food Stamps; Food Stamps Cover Far More Than the Cost of Food

The great food stamp boondoggle - proof that collectivism and statism makes crooks out of nearly everybody.

As James Bovard noted  earlier in The Wall Street Journal, the Obama administration has helped millionaires collect food stamps. As he pointed out,  the Obama administration has encouraged states to abolish asset tests for food stamps, leaving even unemployed millionaires able to qualify: “Millionaires are now legally entitled to collect food stamps....

There are now a record 47 million people on food stamps. To collect generous federal subsidies that reward states for increasing the number of people on food stamps, some states are deliberately qualifying for food stamps millions of people who are not poor...

Read the rest here

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