The Wall Street Journal took a look at food stamp usage and how it has soared to an all time high over the past few years. The reason is that states have been able to loosen restrictions so more an more people are eligible for the program. So now we have a whole lot of people who don’t really need this money receiving it anyway. One woman who earns $11 per hour has even been able to sock away $5,600 in savings, even though she’s a single mom.
While getting assistance from the program, Ms. Myers has been able to save $5,600 and recently put a $300 down payment on a car. Under older rules, the savings probably would have disqualified her from the program. Under the new, looser tests, that isn’t the case.
In addition to food stamps, it would be assumed that Ms. Myers also receives the Earned Income Tax Credit and other forms of assistance to supplement her income. As Dana pointed out at the First Street Journal, many of you who work hard and pay taxes aren’t able to sock away $5,600 in savings in this economy, but you’re paying for others to do it, and it isn’t just single parents receiving the benefits. Back to the WSJ:
For an able-bodied American without children, SNAP benefits are usually only offered for a few months. The federal government has waived these rules for most states in recent years because of high unemployment and will likely rescind the waivers when unemployment falls, program experts say. (Read More)
I have to run out the door now to go to work so I can pay taxes to support all of these people, but be sure to read Dana’s full post as well. This is a real problem and explains why the Democrats keep winning elections even in this rotten economy.
Update: Linked by The Other McCain – thanks!