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Title: More than 40m now use food stamps (All Time Record)
Source: Bloomberg News
URL Source: http://www.boston.com/news/nation/a ... _than_40m_now_use_food_stamps/
Published: Jun 3, 2010
Author: Bloomberg News
Post Date: 2010-06-03 16:52:35 by Badeye
Keywords: None
Views: 580
Comments: 1

More than 40m now use food stamps Bloomberg News / June 3, 2010 WASHINGTON — The number of Americans receiving food stamps in March topped 40 million for the first time as the jobless rate hovered near a 26-year high.

Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases totaled 40.2 million, up 21 percent from a year earlier and 1.2 percent more than in February, the Department of Agriculture said yesterday in a statement on its website. The number of recipients has set records for 16 straight months.

Food aid climbed as the unemployment rate stayed at 9.7 percent in March for a third straight month, near levels last seen in 1983, according to the Bureau of Labor Statistics. The rate rose to 9.9 percent in April. Jobless numbers for May will be released tomorrow.

Food stamp use will rise as joblessness persists and the government tries to get more eligible families onto assistance, the USDA said.

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.

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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.

Note the last line. Contrast it with what the Administration, and our resident Owe-bama lap poodles keep trying to claim about the 'economy recovering'.

If thats true...how is it Owe-bama and company are projecting ANOTHER 3 MILLION on Food Stamps NEXT YEAR? Over THIS all time high?

On the flip side...see Jimmy Carter's disasterous failed one term Presidency.

Badeye  posted on  2010-06-03   16:55:14 ET  Reply   Untrace   Trace   Private Reply  


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