Tuesday, June 5, 2012

Food stamp usage by Americans reach another new high

While the Federal Reserve can print money out of thin air, it almost seems now the Federal Government can print food stamps the same way.  The sad part is, they now have to as the newest report from the USDA SNAP program shows another increase in Americans on the dole for food stamp benefits, with the number soaring over 46 million in March.



Last month, when the USDA released the latest foodstamps numbers for the month of February, there was some hope that following a third month of declines, we may just have seen the peak of US foodstamp usage and going forward we would only see the number decline. Sadly, the latest numbers refutes this: in March a total of 46,405,204 persons were at or below poverty level and thus eligible for foodstamps, a 79K increase in the month. - Zerohedge

No jobs, no home, but an EBT card to buy all the stuff Michelle Obama and Mayor Bloomberg want to eliminate from the American diets.

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