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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Bindare_Dundat on August 05, 2010, 10:31:38 PM

Title: Food Stamp Usage Hits 18 Sequential Record High At 40.8 Million
Post by: Bindare_Dundat on August 05, 2010, 10:31:38 PM

Not much commentary needed here as boston.com says it all: "The number of Americans who are receiving food stamps rose to a record 40.8 million in May as the jobless rate hovered near a 27-year high, the government reported yesterday. Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases jumped 19 percent from a year earlier and increased 0.9 percent from April, the US Department of Agriculture said in a statement on its website. Participation has set records for 18 straight months. An average of 40.5 million people, more than an eighth of the population, will get food stamps each month in the year that began Oct. 1, according to White House estimates. The figure is projected to rise to 43.3 million in 2011." But who cares: can someone please tell these ungrateful sods their stocks are up like 70% since the Fed became the market in March 2009.

http://www.zerohedge.com/

Title: Re: Food Stamp Usage Hits 18 Sequential Record High At 40.8 Million
Post by: dario73 on August 06, 2010, 09:37:51 AM

That stim is a resounding success. This is the exact result that Obama secretly wanted.

Title: Re: Food Stamp Usage Hits 18 Sequential Record High At 40.8 Million
Post by: Soul Crusher on August 06, 2010, 09:49:22 AM

Quote from: dario73 on August 06, 2010, 09:37:51 AM

That stim is a resounding success. This is the exact result that Obama secretly wanted.