Posted on 10/05/2012 4:28:45 PM PDT by mojito
...[T]here was one other, far more important data point released by the government's Department of Agriculture, sufficiently late after the market close to impact no risk assets. That data point of course was foodstamps (or the government's Supplemental Nutrition Assistance Program, aka SNAP), and we are confident that no readers will be surprised to learn that foodstamp usage for both persons and households, has jumped to a new all time record.
At 46,681,833 million the persons hooked on SNAP, the July number crossed the previous record posted a short month before, as the foodstamp curve continues 'plumbing' newer and greater heights each month.
More disturbing is that in the same month, the number of US households reliant on foodstamps rose by a whopping 99,493 to 22,541,744.
(Excerpt) Read more at zerohedge.com ...
Lol. Was the car a 2011 or 2012 Mercedes?
They’re one and the same. Lots of new jobs at crap wages, so they’re no longer unemployed, just underemployed, and eligible for food stamps.
Or... thats nearly the equivalent of the entire population of the Midwest...
On twenny-fo inch wheels yo.
The ultra Hussein Heads at Snopes refuse to call it genuine.
Few’s heads are farther up Hussein’s o-hole than the Mikkelsons.
Obama IS the food stamp president!
And the media chewed Newt’s arse for pointing it out.
It’s racist! /s
I believe it is at an all time high. There is no doubt about that in my mind.
I just know.
IS part of the reason for food price inflation!
It’s only
Government money escalate prices and get it now!
It may not be there in the future!
So the taxpayer suffers on two fronts!
I might as well apply as well. Others are getting it, so why shouldn’t I?
Government can’t be giving out money forever. Something needs to be done.
We are well along the road into becoming Greece.
/s
The part they neglected to mention was....it was stolen out of her 2011 Lexus.
Nothing to see here....move along...
Wait, I thought unemployment numbers had dropped to a record low in the Obama Error.
Proof that they just dropped millions from the unemployment rolls and have left them to draw gub’mint money from other piles.
Obamanomics is Not Working.
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