Monday, January 3, 2011

Food Stamps No Long For Poor and Uneducated

It’s a recession when your neighbor looses his job, but it’s a depression when you lose yours. Gently massaged economic time series and biased expert analysis hide not only a growing number but also changing demographic of welfare recipients. Food stamps are no longer just for the poor and uneducated.

Headline: Number, nature of welfare clients changing at county offices

They are dressed in designer clothes, some in fur coats and shiny jewels, remnants of the money they used to readily spend on appearances. Some even come from Colts Neck, Middletown, Rumson, Sea Girt and other havens for the upper class.

A husband and wife are well educated, but the woman stayed home to raise the children and the man lost a high-paying job when his company went bankrupt. They drained their IRA, 401(k) and bank accounts to pay the mortgage and other expenses, and the unemployment insurance just ran out.

Source: app.com

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