iFoodstamps

Tyler Durden's picture

Think Apple is the only thing allowed to hit new records every month? Think again: presenting iFoodstamps - the number of Americans living in poverty (or at least doing a damn good job of fooling the government in pretending they do). As of December, per SNAP this number just hit another record high of 46.5 million, an increase of 384,000 in one month (and ending the trend of declines from October and November), 2.4 million in 2011 (about as many as have dropped out of the Labor force, hmmmm), and 14.3 million since Obama took office.

But it's not all good news for iCommunism: as of December the benefit per household has dropped to a series low of just $280.5. One can only hope this money is being spent on edible iPads and not on silly things such as iPot.

Finally, for the supreme definition of irony: