Food Stamp Use Surges To 45.8 Million

08-02-2011 • ZeroHedge.com

It appears that GDP data revisions are not the only thing that the administration enjoys fudging with in order to make the Chinese ministry of Truth seem like a real ministry of truth. After last month the data for April food stamp recipients indicated the we may, just may, be reaching an inflection point in the foodstamp participation following a mere 60 thousand jump in those receiving Supplemental Nutrition Assistance Program (SNAP), today's just released data confirmed that the BLS and BEA may have had a hand or two when determining this latest data series. Because the just announced jump in foodstamp usage of over 1.1 million is entirely out of the blue, and as the chart below shows, is the highest single monthly jump in Foodstamp participation since mid 2009, when eligibility requirements were adjusted. Yes, that's 45.8 million people (obviously an all time record) living on foodstamps which amount to the whopping $133.80 per person (an increase of $0.54 M/M) and $283.65 (an increase of $1.29) per household. Obviously, annualizing the latest monthly rate of 1.1 million people, it means that over 13 million Americans will live on about one third what the cheapest iPad costs in about a year.

1 Comments in Response to Food Stamp Use Surges To 45.8 Million

Comment by Ben Dover

Entered on: 8/3/2011 1:44:58 AM

Naming Names: Your Real Government (When dark deeds unfold, point the finger in this direction).
by Tony Cartalucci
http://landdestroyer.blogspot.com/2011/03/naming-names-your-real-government.html

The Real Revolution
http://landdestroyer.blogspot.com/2011/02/real-revolution.html
"Boycott the globalists, cut off their support, undermine their system, and they lose their ability to commit these atrocities. That will be a real revolution and it can start today. Not burning cities and masked rebels waving flags, but communities no longer dependent and fueling a corrupt system we all know must come to an end."

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