Whoever Said “There’s No Such Thing As A Free Lunch” Was Wrong!

Remember a while back when Nancy Pelosi famously said something to the effect that putting more people on food stamps and extending unemployment benefits was the best way stimulate the economy and create jobs? Remember how we conservatives made fun of her? Well, Republican Governor of Florida, Rick Scott, wasn’t laughing at Nancy. He’s decided the his state of Florida needs to get on that gravy train. Florida has even hire Food Stamp recruiters to get more Floridians on the government teet. My guess the biggest problem the recruiters have is getting people off the golf courses  long enough to get them signed up.

Washington Post _ A good recruiter needs to be liked, so Dillie Nerios filled gift bags with dog toys for the dog people and cat food for the cat people. She packed crates of cookies, croissants, vegetables and fresh fruit. She curled her hair and painted her nails fluorescent pink. “A happy, it’s-all-good look,” she said, checking her reflection in the rearview mirror. Then she drove along the Florida coast to sign people up for food stamps.

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In fact, it is Nerios’s job to enroll at least 150 seniors for food stamps each month, a quota she usually exceeds. Alleviate hunger, lessen poverty: These are the primary goals of her work. But the job also has a second and more controversial purpose for cash-strapped Florida, where increasing food-stamp enrollment has become a means of economic growth, bringing almost $6 billion each year into the state. The money helps to sustain communities, grocery stores and food producers. It also adds to rising federal entitlement spending and the U.S. debt. _ (Emphasis added)

Got that? By encouraging more people to get on the food stamps, the federal government  has pumped $6 billion more dollars into the Florida economy. How many other states are doing the same thing? I don’t know. But, I read recently that our Welfare President know has about 50 million people on food stamps and that 15 million of those people live in California. California is nearly bankrupt and probably would be if it were for those 15 million people spending their food stamps into the California economy.

So, whoever said there’s no such thing as a free lunch was wrong. Fifty million people plus Rick Scott, Jerry Brown, and Rahm Emanuel can testify to it. And, it is FREE! With all the billions of additional dollars being spent on the food stamp program,  no one has been asked to pay more taxes, have they? So, where does the money come from? From borrowing, of course. The federal government borrows about $45 billion a month from Uncle Ben Bernanke at the Federal Reserve, who creates the money out of thin via his Quantitative Easing policy. The rest is borrowed from China and Japan and from a few others. Because of our trade deficits, these countries have huge amounts of US dollars in their central banks just sitting there gathering dust and no interest. So, it makes sense for them to buy US  bonds and, at least, earn a little interest. So, there you are. It’s all FREE money!

Therefore, this self-proclaimed watcher of the asylum wants to encourage all my fellow American retirees to do your patriotic duty and, if you qualify, get yourself on food stamps and help your state’s economy.

How long can this Ponzi scheme last? Who can explain the insane? Not I!

Well, that’s what I’m thinking. What are your thoughts?