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Keyword: nobmam2012

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  • US Foodstamp Usage Rises To New Record High

    10/05/2012 4:28:45 PM PDT · by mojito · 38 replies
    ZeroHedge ^ | 10/5/2012 | Tyler Durden
    ...[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...