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Over 46 Million Americans On Foodstamps For The First Time Ever
Zero Hedge ^ | December 5, 1011 | Tyler Durden

Posted on 12/05/2011 11:36:51 AM PST by Zakeet

While the capital markets may be cheering that in the past month 120,000 people supposedly found jobs, even if these were largely temporary or part-time just in time for the year end shopping sprees, we wonder how they will react when learning that according to the latest update from the Supplemental Nutrition Assistance Program (SNAP), some 423,000 Americans found their way to minimum way subsistence, courtesy of Food Stamp handouts from Uncle Sam. Since the start of the Second Great Depression, food stamp participation has increased by 18.7 million, and is now at an all time higher 46.3 million. All Bush's fault, or something. At least the chart below appears to be plateauing... Actually, sorry, no isn't.



TOPICS:
KEYWORDS: economy; foodstamps; freecheese; obama; obamanation; obamanomics; snap; welfare
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To: Hugin

Somehow, I don’t think that I’d sink that low - at least hope not.


21 posted on 12/05/2011 12:11:05 PM PST by Gaffer
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To: Zakeet
Do the math:

46 million times $5.00 per day(my guess) = an annual cost of $84B dollars. Pretty cheap way for the demonrats to buy votes.

22 posted on 12/05/2011 12:11:32 PM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Zakeet

As public sector sheds jobs, blacks hit hardest

http://www.twincities.com/ci_19470713

hope and change, baby.


23 posted on 12/05/2011 12:13:10 PM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: Zakeet

I want an EBT card. Is it hard to get one? What’s the cutoff for a family of 5? Gimme my Obama money!


24 posted on 12/05/2011 12:21:02 PM PST by montag813
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To: Zakeet

How many of the 46,000,000 are children for whom their parents are receiving food stamps AND we are paying through federal programs to feed them at least breakfast and lunch, if not 3 meals a day, at their schools? How much is that costing us to feed the children 31 meals per week (each) or more?


25 posted on 12/05/2011 12:26:59 PM PST by NEMDF
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To: Zakeet

Ask a Democrat.

This is considered to be a huge success, if they are honest.


26 posted on 12/05/2011 1:27:19 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: central_va
Pretty cheap way for the demonrats to buy votes.

Cheap for them, but the dems are buying votes with money earned by those of us who still work.
And remember, the 5% unemployment under Bush was so HORRIBLE that the MSM's had to mention it every day.

27 posted on 12/05/2011 1:31:27 PM PST by BitWielder1 (Corporate Profits are better than Government Waste)
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To: Zakeet

When the USSR when broke it only had one form of welfare and that was the pension. When we go broke, it will be a bigger deal......................


28 posted on 12/05/2011 1:44:03 PM PST by PeterPrinciple ( getting closer to the truth.................)
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