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Tuesday, November 1, 2011

So Proud: the Food Stamp President Sets a New All-Time Benchmark!

Does the word historic ring a bell?

...here is this month's refresh from the Supplemental Nutrition Assistance Program, which informs us that in August, a new all time record number of Americans, or 45.8 million, relied on food stamps for sustenance. So for those who are looking for those up and coming states where the population has decided that slowly but surely work of any kind is an anachronism we suggest you move to Alabama, Delaware, Utah, or Washington: all states that have seen at least a 3% sequential increase in food stamp usage...

And, tangentially, confirming that this country's economy is headed straight to hell and won't pass go is the latest news from LPS according to which nearly 40% of loans in foreclosure have not made a payment in two years, and 72% have not made a payment in the past 12 months.

Sweet! Glad to see those billions spent to resurrect the housing industry are working out.

And don't forget: since "not even the USDA knows what people are buying with food stamps"", you can be sure your tax dollars are being used with the utmost efficiency.


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