More of the sleazy entitlement generation that don't want to work for a living and earn their keep, looks like that dirty, sexually frustrated, scumbag fulsgold was right, props.
"The number of PhD recipients in the U.S. on food stamps and other forms of welfare more than tripled between 2007 and 2010 to 33,655, according to an Urban Institute analysis cited by the Chronicle of Higher Education.
Other graduates of continuing education weren't far behind. Of the nation's 22 million master's degree holders, nearly 293,029 applied for food stamps by 2010 - also triple the rate before the recession.
The boost in PhD recipients receiving food stamps is just the latest indication of how Americans are struggling in a down economy. Overall, the number of Americans on food stamps rose 43 percent over the past three years to 46.3 million Americans as of February 2012, according to the Department of Agriculture."
I love it! Both sides of the coin putting the blame on the other for decades! Blame Nixon/Kissinger for going off the gold standard and installing the ponsi, petro-dollar! Every leader from that point had an open check book to spend without a conscience! Play the blame game! You want to blame someone, look in the mirror! Petro-Dollar ponsi system collapse is in your future! There's no other way out! PERIOD!
Economists call it "Automatic Breakers". Its one of many tools they use to prevent a Great Depression. Where do the food stamp money go? To the grocer whom pays the suppliers whom pay the packaging plant whom pay the farmers. Velocity of cash flow. Has nothing to do with lazy bumbs, it has everything to do with economics to keep the system flowing. Once economy rebounds they will reign that in as it will no longer be needed. History repeats.
Pelosi Pablum for Putzes. So at what point does that so-called 'velocity' come to a screechingass halt? I presume when other folk's money runs out? It never fails that a leftwinger think that can make a silk purse out of a sow's ear. They are magicians of mayhem, lol.
Pelosi: Food Stamps and Unemployment Give ‘Biggest Bang for Our Buck’
Nancy Pelosi proudly defended the welfare party.
CNN: At a press conference in her home town of San Francisco, Pelosi explained that the program’s multiplier effect –the amount of money generated in the local economy as the result of the subsidy– far exceeds the nearly $60 billion spent this year by the federal government and is a sure-fire way to stimulate the economy. For every dollar a person receives in food stamps, Pelosi said that $1.79 is put back into the economy. The U.S. Department of Agriculture cites an even higher figure of $1.84.
“It is the biggest bang for the buck when you do food stamps and unemployment insurance. The biggest bang for the buck,” she said.
Gingrich on Tuesday wrote a letter critical of the Democrats’ stewardship of the economy and urged all Republican candidates to shape the political debate as one “between the Democratic Party of food stamps and the Republican Party of paychecks.”
“It is an unassailable fact that in June, more food stamps were distributed by the government than ever before in American history. (It turns out that Barack Obama’s idea of spreading the wealth around was spreading more food stamps around.),” wrote Gingrich.
Pelosi went on to accuse Gingrich of class warfare. Now that’s rich.
from what I have read, it seems the velocity of cash flow is going to the banks and the banks aren't lending in order to become solvent again and keep inflation at bay, I guess you could call it trickle down breadcrumbs.
No, they take money from me, so I can't spend it on a new car, landscaping, and new clothes, and give it to lazy people to spend on prepackaged fattening foods. And, they lose half of it in administration and waste.
No boost to the economy at all.
>>>More of the sleazy entitlement generation that don't want to work for a living and earn their keep, looks like that dirty, sexually frustrated, scumbag fulsgold was right, props.<<<
bubblehead's frustration with the system is of his own doing, and others like him, by their wanton desire for govt to do MORE for the masses, then he blames folks like me when it comes tumbling down. NOT only was fulsgold right about the sleazy entitlement-seeking generation not wanting to work, but is 100% correct about the ANAL beach bum leftist shill from Ft. Lauderdale. You know, the obsessive frootcake who can't seem to post ANYTHING AT ALL, unless it is a lead-in to antagonize poor little old me? Sheesh! He should surely take a page out the lefty's handbook of political correctness and, "GET A LIFE". COL, what a loser!
That being said, the article at the link is sad commentary concerning the state of affairs for students seeking loans and winding up forever being indebted to the government for those loans. This issue is something that bubble, vensh, voting and other ignorant village people think that it's the fault of conservatives for those problems and slamming folks like us conservatives for not having enough compassion when that same bunch go off the deep end financially. It is only a ploy attempting to shame us into pumping MORE money into a bottomless pit of welfares. I say, get on the side of smaller less intrusive government, can the welfare state and mind your own phucking business. When you do those things, folks will have the money to take care of themselves financially. Simple.
I think most people want to work to support themselves and their families, but can't, different from those that can and won't, which is a big difference. I don't know any PHD's or Master's students who want to go on public assistance.
I like to antagonize you because you are the half thinking ugly American who loves to spout off, who only likes to tell snippets of the story with a partisan slant, which serves to only divide people even further and get everyone nowhere, and then when you feel you can't get the other person to agree to your point(s), then your lack of sex life enters the picture. lol.
That being said, I find it curious that for creditors, they get special inside treatment and bailouts, in the trillions, but debtors, such as these college grads that want to work, will get no forgiveness. I mean, with all the money the central bank has given out for free in the past decade alone, we could have paid off everyone's credit card, mortgage and student loan for everyone in the country, that just shows you how ridiculous it all is.
As bizarre as it is for a government to saddle a nation and future generations with unsustainable debt, it is even dumber for individuals for whatever reason to sustain such debts. There are always choices. The full ramifications of bankruptcy is becoming more than an abstraction for the American people.