A record 41.8 million Americans received food stamps in July

[웃 910]

WASHINGTON, D.C. (HawaiiNewsNow) - According to the government, as the jobless rate soared near a 27-year high, the number of Americans collecting food stamps rose to a record 41.8 million in July.

The U.S. Department of Agriculture said recipients of Supplemental Nutrition Assistance Program subsidies for food sales increased 18 percent from a year earlier, and increased 1.4 percent from June.

The White House estimates an average of 43.3 million people, which is more than an eighth of the population, will receive food stamps each month in the year that began Oct. 1.

http://www.hawaiinewsnow.com/Global/story.asp?S=13281683

[Heracles 417]

What's your point A.J 2.0?

[Trumplestiltskin 5,791]

There is a recession on, high unemployment. Who knew...

[JohnSmith2007 353]

There is a recession on, high unemployment. Who knew...

The recession ended last year. Didn't you get the memo?

It's official: The Great Recession ended last summer

By Neil Irwin

The Great Recession is officially over -- and has been for more than a year.

The panel of economists that is the widely accepted arbiter of business cycles has called an end to what is now officially the longest U.S. economic downturn of the post-World War II era. The recession ended in June 2009, 18 months after it began in December 2007, according to the National Bureau of Economic Research's business cycle dating committee.

http://voices.washingtonpost.com/political-economy/2010/09/its_official_the_great_recessi.html

[Trumplestiltskin 5,791]

Yes I'm sure families all over the country are not feeling an economic pinch. Seriously, don't be silly.

[JohnSmith2007 353]

Yes I'm sure families all over the country are not feeling an economic pinch. Seriously, don't be silly.

These are the economists that our politicians listen to. They can't be wrong. There is no recession. The unemployment problem is just the nasty old business people being greedy.

[Heracles 417]

These are the economists that our politicians listen to. They can't be wrong. There is no recession. The unemployment problem is just the nasty old business people being greedy.

Don't take this in the wrong way but the biggest problem with America is that many confuse the first amendment for knowledge. It's why even the biggest clown with zero knowledge, experience or education in economics, thinks they know better than even Harvard educated people.

It's why China and the rest of the world propels forwards but the middle-American in various states, the hillbillies and their equivalents in every state, those who cling on to their guns and listen to their Becks and Rush for economic advice are moving backwards. The joke is on these groups though.