Joe points to an element of my experience of the poem I neglected to mention.
The opening felt like it expressed self-loathing, and loathing for whole human race. Gradually I realized that the loathing was focused on a more specific group and (at about the same time) that the criticism was coming from outside that group. Welfare recipients? The "choicest cuts" and foreign trips worked against that, but it seemed the most likely, until the final line made me feel the target was Jews (or possibly that the poem was drawing a parallel between attitudes toward welfare recipients and German pre-WWII attitudes toward Jews). The early mention of pigs resonated with this being about Jews.
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