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News Link • Economy - Economics USA

42,389,619 Americans Are Now On Food Stamps

• Market-ticker.denninger.org/ & blogs.wsj.com/
 
... why is the number of people on food stamps up 17% from last year? Some 42,389,619 Americans received food stamps in August, a 17% rise from the same time a year ago, according to the U.S. Department of Agriculture, which tracks the data. That number is up 58.5% from August 2007, before the recession began. Remember, "The Recession ended in the summer of 2009." Oh really? Even during the summer children returned to schools to take advantage of free lunch programs where they were available. Nearly 195 million lunches were dished out in August and 58.9% of them were free. Another 8.4% were available at reduced prices. That number will surge when the fall data are released because children will be back in school. Last September, for example, more than 590 million lunches were served, nearly 64% of which were free or reduced price. SIXTY-FOUR PERCENT OF ALL SCHOOL LUNCHES ARE SUBSIDIZED BECAUSE THE FAMILY CAN'T AFFORD TO FEED THEIR KID(S)? But government tells us "the economy is improving." Liars. Bernanke has now imposed nearly two trillion dollars of tax on the American economy since 2009 (including the latest $600 billion announced) in the form of "Quantitative Easing", and this tax is abusively regressive, since food and energy constitute a much larger proportion of a poor person's spending than a wealthy person's. Every nickel of that money has gone to either pay banker bonuses or prop up bankrupt institutions. On an annualized basis this is more than fourteen times the amount of the Bush "Tax Cuts" that are about to expire. You, America, remain willing to sit still for this unlawfully-imposed tax.

2 Comments in Response to

Comment by Anonymous
Entered on:

This notion that 100 million more immigrants added would starve America to death is a dogged myth published by population innumerate.

Part I. Understanding The World’s Unlimited Resources

Technology rules the world! Only few understand much more are unaware what technology does to our civilization. The Myth: As the world’s population increases, humankind will disappear like dinosaurs from the face of the earth because of lack of …   Read Letter

Letter Written by bakadude
Date of Letter: 2010-11-05 also at http://www.freedomsphoenix.com/List-of-Letters.htm?EdNo=001

Misrepresentation about this country running out of resources – specifically food -- had dogged the imagination of the American public. I also exposed this:

Immigration & Population Lies That Our World Will End Should Be Exposed
Immigration This recycled calumny [that the world would end] needs to be exposed to public viewing. To protect our reading public, this immigration and population misrepresentation and disinformation have to be uncovered and the truth revealed. Targets of the truth campaign are recycled lies …   Read Letter

Letter Written by bakadude
Date of Letter: 2010-11-03

 

Comment by Anonymous
Entered on:

Americans may run out of jobs but will never run out of food. No amount of scare-jabs and strong tabasco punches thrown from the dog burrow can knock this truth out!


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