SNAP, Circuses and No Tax Left Behind
Mish has this sobering statistical post –
Food stamp usage is up again except the program is now called SNAP Supplemental Nutrition Assistance Program.
Inquiring minds are looking at a SNAP Participation Table that shows a record 39,430,724 receive SNAP benefits, a 22.4% increase from a year ago.
Ah, the latter day soup kitchens and bread lines. EBT is much more discreet and therefore aids in maintaining the illusion that it isn’t all a charlie foxtrot.
You already know about the circuses – Pravda, er, USA Today, MSM et al, cable and satellite TV (electronic Colosseum) and the self-fulfilling parody of that is the American body politic.
The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.
Volcker, answering a question from the audience at a New York Historical Society event, said the value-added tax “was not as toxic an idea” as it has been in the past and also said a carbon or other energy-related tax may become necessary.
Though he acknowledged that both were still unpopular ideas, he said getting entitlement costs and the U.S. budget deficit under control may require such moves. “If at the end of the day we need to raise taxes, we should raise taxes,” he said.
You will never find a more wretched hive of scum and villany…