Re: Obamanomics
Professor Read becoming a meme sensation is
an interesting read (no pun).
I've argued elsewhere in this forum that the food stamp program is not what most people make it appear to be but is something else entirely. People will typically look at the front end of the process in where the money originates to fund such a process and it begins with our expending of labor time converted to dollars and extracted in the form of forced taxation. This taxation is then placed into a gov't program from which a form of coupon is issued to program qualified persons who then use said coupons to purchase program qualified foods. Now most people (I use to do it myself too) stop at this point and only see the person using the coupon as the end user and thus the focal point of blame. And at some level there may be some blame there but most people stop at that point and never consider beyond that point in who really benefits.
In this forum I've spoken about Walmart having 26% of it's gross sales in food revenue coming from food stamps so let's use them understanding that Walmart is just one spoke (albeit a big one) in this wheel. Walmart makes a food sale and collecting in payment a food stamp coupon. Like all receipts, Walmart totals at the end of the day and takes said coupons and does what with them? They submit them to the Dept. of Agriculture who runs the food stamp program for redemption in real cash. And where did this cash come from in the first place? From you and I who labored in time converted to dollars and extracted from us by force as taxation.
The action in the middle was just for appearances only and to give us something to blame and to hide the fact that the real benefactor of this wealth redistribution was not the so-called welfare queen who acted only as an unwitting agent but was in fact the actual end recipient of the money itself. And then as payment, a bribe if you will to perpetuate the status quo, lobbyist money, perks and re-election funds are cut from the gross proceeds and paid back to the witting agents (elected officials and appointed agents) in order to keep them in power and also increase their own personal wealth. Ever looked at the wealth of people in gov't when they first enter and then when they get out? Very telling when you begin to look.
I remind the reader that food stamps since it's creation in 1964' is under the authority of the Dept. of Agriculture so why not start there and begin to connect the dots outward. From where does this agency get the people who head and run it in the first place and who are they thus connected too. The "who" of the question will then come into focus so that the "how" becomes self explanatory. Doing so one may realize that Professor Read may at some level have a valid point.
As the old saying goes, "follow the money!"