4 Bogus Right-Wing Theories About Poverty, and the Real Reason Americans Can’t Make Ends Meet

[JHB]

38. Not so much bad at math as obsessing ver the wrong things...

I've likened it to a shopkeeper fixated on kids pilfering candy from in front of the register while ignoring that by far most of his losses are from his relative in the stockroom letting high-ticket items walk out the back door (for a kickback).

In one of the3 articles about Romney during the campaign, one of them noted that he (legally) bilked the FDIC for $10 million. (Van't look it up right now, I think it was how he handled negotiations over debt for the original Bain & Company, not his spin-off equity firm).

That was sometime in the early 1990s. I managed to find numbers (for Massachusetts) for welfare (forget the exact program) + food stamps for a single mother with 2 kids. Romney put the taxpayers on the hook for the equivalent of 1420 of these single-mom families.

The grandest "welfare queen" in creation could not hit that number, and that's one guy with one deal, and not even one of the biggest. Throw on the S&L crisis, the Bush meltdown and bailout, gouging defense contractors, drug companies and the Medicare Part D doughnut hole, and on and on... naaah! let's get mad because somebody with a food stamp card also has enough cash to buy some beer! If they have enough to buy beer why am I paying for their food? Hey, who picked my pocket? It's that dirty beer guy, I just know it!