Over 1 Million Americans Enter Poverty In Last Two Months...
Thread Starter
Member
Joined: Dec 2001
Posts: 51
Likes: 0
From: South Carolina
Vehicle: 02 Accent
Over 1 Million Americans Enter Poverty In Last Two Months...
So, where do the obamanoids in this forum think these numbers will be four years from now? (hopefully the trend of the last four years will miraculously reverse?)
http://www.zerohedge.com/news/2012-1...last-two-month
And we thought last month's delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and with August's 421K new impoverished America, over 1 million Americans made the EBT card their new best friend.
It is unclear just which atmospheric phenomenon will get the blame for this unprecedented surge in poverty, which comes at a time when the pre-election economic data euphoria was adamant that the US economy was on an escape velocity to utopia.
Instead what we do know is that in August and September, over three times as many foodstamp recipients were add to the economy as jobs (324,000). We also know that with the imminent impact of Sandy, which will send foodstamp recipients soaring, it is now looking quite possible that the US may end 2012 with just over a mindboggling 50 million Americans living in absolute poverty and collecting the $134.29 average monthly benefit per person, instead of working. Welcome to the recovery indeed.
http://www.zerohedge.com/news/2012-1...last-two-month
And we thought last month's delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and with August's 421K new impoverished America, over 1 million Americans made the EBT card their new best friend.
It is unclear just which atmospheric phenomenon will get the blame for this unprecedented surge in poverty, which comes at a time when the pre-election economic data euphoria was adamant that the US economy was on an escape velocity to utopia.
Instead what we do know is that in August and September, over three times as many foodstamp recipients were add to the economy as jobs (324,000). We also know that with the imminent impact of Sandy, which will send foodstamp recipients soaring, it is now looking quite possible that the US may end 2012 with just over a mindboggling 50 million Americans living in absolute poverty and collecting the $134.29 average monthly benefit per person, instead of working. Welcome to the recovery indeed.
Super Moderator
Joined: Sep 2001
Posts: 10,795
Likes: 5
From: Pflugerville, TX
Vehicle: 2000 Elantra
sure, right. no problem.
"poverty" in America is arbitrary. Don't be confused thinking "the poverty line" is some real thing. If you have food whenever you want it, clean running water, indoor plumbing, electricity all the time, a car, color TV & cable, a phone, etc. you are not "poor." Unless you live in America.
Read this.
"poverty" in America is arbitrary. Don't be confused thinking "the poverty line" is some real thing. If you have food whenever you want it, clean running water, indoor plumbing, electricity all the time, a car, color TV & cable, a phone, etc. you are not "poor." Unless you live in America.
Read this.
Senior Member
Joined: Mar 2008
Posts: 4,185
Likes: 0
From: Atlanta, GA
Vehicle: MC + RD2 + AW11 + 944 = 4x Win
I don't own a TV and most certainly don't pay for cable. I guess I'm in MURIKOVERTY.
Can't believe we live in such rough times when I have to sustain my thrust for entertainment on my measly 24" monitors and netflix subscription.
Can't believe we live in such rough times when I have to sustain my thrust for entertainment on my measly 24" monitors and netflix subscription.
Senior Member
Joined: Aug 2009
Posts: 11,992
Likes: 0
From: Washington D.C.
Vehicle: Hyundai Tiburon FX
Good. According to President Obama that means 607,544 new Americans will be eligible to purchase GMC Denalis which will "stimulate" the U.S. economy.
144,000 new jobs ...err, careers working at Pizza hut.
Obamas got it covered my man, they added 144,000 new jobs last month
144,000 new jobs ...err, careers working at Pizza hut.
Senior Member
Joined: Jan 2012
Posts: 382
Likes: 0
From: US
Vehicle: 2010/Hyundia/Genesis Coupe 2.0T Track
Yup, you gotta hire a bunch more people to distribute food stamps....
lol
That is because the govt steals from the rich and gives the poor "Obama phones" and food. And why our country will fail because we can't afford to keep doing that.
http://www.heritage.org/research/rep...600&h=721&as=1
Want to piss off other countries...show them what we call 'poor'.
