- So it turns out Saddam Hussein lied about having WMD so the rest of the Axis of Evil would leave him alone. [CBS News]
- How much would you bet even he couldn't have kept that lie up 935 times! [Wash Post
- Isn't it funny how yesterday's enemies are today's...[Reuters]
- The New York Times to endorse Hillary Clinton? Identity politics much, Gray Lady??? [Radar]
- George Soros says it's the worst economic crisis in 60 years. Because financial instruments masterminded by crafty hedgies like himself just got too hard for central bankers and bureaucrats to understand. And speaking of hard to understand... [Financial Times]
- But anyway, everyone else smarter than you agrees. [NY Times]
- "Tax cuts in general perpetuate the excessive consumption that has marked the American economy." [NY Times]
- Suck it, Stiglitz, I want my six hundred bucks. [WSJ]
- Bill Gates is over capitalism. Convenient. [WSJ]
@aspiringexpatriate: The money is also being taken from unemployment benefits.
From USDA's website:
Based on a study of data gathered in Fiscal Year 2005:
• 50 percent of all participants are children (18 or younger), and 65 percent of them live in single-parent households.
• 54 percent of food stamp households include children.
• 8 percent of all participants are elderly (age 60 or over).
• 77 percent of all benefits go to households with children, 16 percent go to households with disabled persons, and 9 percent go to households with elderly persons.
• 34 percent of households with children were headed by a single parent, the overwhelming majority of whom were women.
• The average household size is 2.3 persons.
• The average gross monthly income per food stamp household is $648.
• 46 percent of participants are white; 31 percent are African-American, non-Hispanic; 13 percent are Hispanic; 2 percent are Asian, 1 percent are Native American, and 7 percent are of unknown race or ethnicity.
37.7 million Americans (approx. 13%) are eligible to received food stamp benefits, though participation rates in the program hover around 65% (varies by state.)
Unemployment number are also readily available from the BLS. The current number of unemployed is officially 7,655,000, but that does not include 4,697,000 individuals who are listed as "currently not in the labor force" but "who currently want a job." Of those 4.7 million, 1,338,000 have been unemployed for 26 weeks or more, meaning their unemployment insurance has already run out. Another 1,182,000 have been unemployed for more than 15 weeks (but less than 26). Over the past year, the average length of unemployment has increased from 15.9 to 17.2 weeks, so over a million more former workers are counting the days until their benefits run out.