Wednesday, December 28, 2016

If Congress wants to reduce the food stamp recipients raise the minimum wage.

Food Stamps (SNAP) and Medicaid is Wall Street Welfare. Raise the minimum wage and eliminate the need for Corporate Welfare.

DOW at nearly 20,000 with innumerable of million-billionaires with record USA deficit and debt with 20 percent of Americans on SNAP. I think that picture and why it exists is obvious.

March 11, 2016
By Tyler Durden

Record Dow Jones, (click here) record US debt ($16,701,846,937,879.74), and now, once more, record number of Americans on foodstamps. According to the USDA, an all time high of 47,791,966 Americans closed 2012 in possession of the highly desired Electronic Benefits Transfer (EBT) card, managed by who else but JPMorgan. And with a civilian non-institutional population of 244.4 million in December, this means that a record 19.56% of eligible Americans are on Foodstamps.
In December an additional 109,924 Americans became reliant on foodstamps for their poverty-level needs, bringing the total to 47.8 million....

The billionaire families such as Trump, Koch and the Waltons aren't a part of the markets. They are private industries. So, it is slightly unfair to accuse all Wall Street counting on Corporate Welfare. The truth is there are disproportionate wealthy families receiving Corporate Welfare in SNAP and Medicaid.

Before a Republican Congress decides to reduce SNAP and/or Medicaid they need to look at their donors and those billionaires lining the new administration's cabinet and find out where improvements can be made in the minimum wage in the USA!

The best paying janitor jobs are in Alaska. (click here)