Mar 18 2011

Austerity nation – 45 million Americans on food assistance programs. Americans shopping at discount dollar stores confronting the realities of a shrinking dollar and disappearing middle class.

From November to December of 2010 487,000 Americans were added to the food stamp program.  Keep in mind this all occurred while the stock market continued to soar and has rallied nearly 100 percent from the lows reached in March of 2009.  Working and middle class Americans barely have enough to pay for the monthly […]

Dec 13 2010

The growing chasm between rich and poor in America – Latest data shows that 500,000 people were added to the food assistance program in one month. 6 million Americans added over the last year. Those that buy diamonds versus those that barely have enough to buy soup.

The shrinking of the American middle class is painful to watch.  Shopping at the grocery store I’ve noticed more and more people with unique debit cards that don’t look like your typical debit or credit card.  These are actually the modern day food stamps and help to take away the stigma of pulling out a […]

Oct 20 2010

Some American families are $133 a month away from Great Depression like problems – 1 out of 7 Americans receiving food assistance at an average of $133 per person.

The U.S. government is now spending roughly $5.6 billion per month on food assistance helping out 41,836,000 Americans.  How bad is it for the lower economic strata of families in our economy?  In January of 2007 we had 26,000,000 Americans on food assistance.  The economic crisis has added 15,800,000 Americans onto the food assistance program […]

Apr 12 2010

The Invisible Recovery – 40,000,000 Americans Receiving Food Stamp Assistance – Since 2000 23 Million Americans have been added to the Food Assistance Program.

The latest food stamp data for January of 2010 shows that 39,430,724 Americans are receiving food stamps or are part of the supplemental nutritional assistance program (SNAP).  If you make the acronym and name long enough and with a neutral undertone average Americans won’t fret that 40 million of their fellow neighbors are one government […]

Dec 8 2009

The New Economic Misery Index: Five Sectors that Show Financial Pain for Americans. Food Stamps, Bankruptcy, Credit Access, Employment, and Housing.

Talking with a few colleagues I was reminded about a misery index used in the 1970s to measure the real feel of the stagflation hitting the country.  Today, we have a more insidious version of economic crisis because what is good for Wall Street is counter to what is good for the average American.  There […]

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