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February 24, 2025

What Do You Call an Automatic Stabilizer that Doesn’t Shrink When Conditions Improve? The Biden Food Stamps Blowout

Last month the Wall Street Journal editorial board (“The Great Biden Welfare Blowout”) reviewed the staggering number of welfare recipients in key programs at the close of the Biden administration:  Some 84.6 million individuals are enrolled in Medicaid—about a quarter of the population—roughly the same as when Mr. Biden entered office. About 42.6 million Americans…