Showing posts with label record high. Show all posts
Showing posts with label record high. Show all posts

Thursday, August 5, 2010

After 18 months of Obama's recovery, food stamps hit record high


Over 40 million Americans are now receiving food assistance from taxpayers under the Supplemental Nutrition Assistance Program. This is the 18th straight record month for the program. Most Americans know the program under the name "food stamps," because people used to receive paper coupon booklets. The nanny state erased the stigma of having to use government coupons at the grocery. Now, they are issuing EBT cards with magnetic strips that resemble bank debit cards. It isn't obvious who is receiving food assistance from taxpayers anymore. Don't expect the number to go down any next month. Unemployment has taken an unexpected jump this week and is expected to stay in the 9.5% or higher range for the rest of this year.

Thursday, June 3, 2010

Obama Delivers Change: Record Number of Americans Now Receiving Food Stamps


Is this the "Change" Americans voted for in 2008. Where did the "Hope" go?

The Boston Globe reported:
The number of Americans receiving food stamps in March topped 40 million for the first time as the jobless rate hovered near a 26-year high.

Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases totaled 40.2 million, up 21 percent from a year earlier...

Sunday, March 28, 2010

12.2 percent of Florida workers are getting their 'Hope and Change' at the unemployment office


(Bernard Pollack, Creative Commons 2.0)

Unemployment in Florida is at the highest level ever recorded. Florida voted for Barack Obama in 2008. How is that 'Hope and Change' working out in the Sunshine state?

Florida's unemployment is now near the peak of 12.3 percent forecast for midsummer, according to Florida's Economic Estimating Conference, a group of state labor experts. The comparable national unemployment rate is 9.7 percent for February.