By the Left Coast Rebel
-- Another JFK-esque moment from President Barack Obama, January 26, 2011 to Dianne Sawyer of "ABC World News"
Directly after the quote above (video here), Obama doubles down on the Blame-Bush doctrine:
"...second of all, the initial expansion of food stamp eligibility happened under my republican predecessor, not under me."
Sure it did, Professor-President -- but to what degree is the question...
It is true that food stamp participation was elevated during the final years of the Bush administration but this chart shows Obama's stimulus's parabolic rise since His inauguration (Jan 2009):
I guess we can consider ourselves kind of lucky since the number look to be leveling off at the mid-40-million mark. Obama can always point out that at least 50 million Americans aren't on food stamps. It could be worse.
Upside to Food Stamp Nation: Maybe we can trade in our soon-to-be worthless dollars for a fistful of these:
At The Enterprise Blog, "The Economic Chart that may Doom the Obama Presidency"
Tad DeHaven at the Cato Institute: "Food Stamp Price Tag Rising"
Updated: Tyler Durden at ZeroHedge shows that food stamp numbers are not plateauing as indicated above.