Jul 29 2012

Ph.D. in food stamps – the rise of food stamp usage among those with advanced degrees. Record number of households on food stamps.

t is hard to declare a recovery when a record 22.3 million households are now on food assistance.  The latest data shows that 46.5 million Americans are still relying on SNAP, the food assistance program, to get by each month.  Since this data lags, we see that in May we added 77,000 jobs but added […]

Jul 1 2012

The financial benefits of food stamps – Record $78 billion worth of food stamps issued in 2011. Select Wal-Mart stores pulled in 25 to 40 percent in revenues from food stamps according to a recent analysis.

When you think of food stamp usage you rarely think about big financial profits.  Yet some businesses are managing to get a big piece of the food stamp pie.  Last year alone the government spent a record $78 billion in food stamps.  This is a large amount of money and this is why you might […]

Apr 22 2012

The big swindle and a fog of debt – hiding the unemployed in the higher education bubble and three years of economic recovery equates to 11.5 million more Americans on food stamps.

A large part of our recovery is running on public relations trickery and smoke and mirrors debt machinery.  Let me explain what I mean by this since on the surface we have been out of a recession since the summer of 2009.  Government debt is soaring and public debt in certain sectors is flying off […]

Mar 6 2012

The crisis of solvency – peak debt, peak food stamp usage, and massive financial deception by media. The faux economy of solving a solvency issue with more debt. Job postings up but hiring flat.

The economy is largely running on a solid amount of debt, Orwellian news, and selective perception.  Take for example the absolute lack of coverage on our peak debt situation.  The media simply assumes that going over the $15 trillion mark on national debt was somehow a story not worth reporting.  The total amount we have […]

Feb 16 2012

American incomes and low wage America – top 1 percent earn above $343,927, top 5 percent above $154,643, top 10 percent above $112,124, top 25 percent above $66,193, top 50 percent above $32,396 – Over 68,500,000 tax filers, 50 percent of the country, make $32,000 a year or less. Food stamp usage peaks at over 46 million.

A recent report regarding income has thrown a few people off.  I think many Americans fail to realize how many people are barely making it day to day financially.  Do people realize that we still have 46,000,000+ Americans on food stamps and this coincides perfectly with the booming market in dollar stores?  These are not […]

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