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Food stamp use hit record 40.8m in May

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-05-10 01:55 PM
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Food stamp use hit record 40.8m in May
WASHINGTON — 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.

Unemployment in July may have reached 9.6 percent, according to a Bloomberg News survey of analysts in advance of the Aug. 6 release of last month’s rate. Unemployment was 9.5 percent in June, near levels last seen in 1983.

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.

Source: http://www.boston.com/news/nation/washington/articles/2010/08/05/food_stamp_use_hit_record_408m_in_may/
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saigon68 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-05-10 01:58 PM
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1. Lots of young military families get stamps
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mirta Donating Member (1 posts) Send PM | Profile | Ignore Fri Aug-06-10 02:12 PM
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2. The world is changing
Mankind today is realizing that what is produced in supranational financial and monetary empire, does not belong only to money masters but to all people.
The world is changing in many positive ways, different from what the elite have planned.
It is possible that obedience to the imperatives of consumerism and militarism would disappear completely.

Sometimes the question is more important than the answer, and in my opinion, there is no more important question than the monetary one: Who is the owner of money at the act of issue? Without asking questions to participants in the party directly, we cannot later distinguish between debtor and creditor.

I have found an interesting website about the use of alternative currencies, proposal of a new way of trading goods, products and services online: Crom Marketplace

Everyone, take a look at this, its worth your time...


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