Tag Archives: food stamps

Derivatives suspensions and food stamps

Stacy Summary:  Good morning!!!!  The food stamps story seems to be one that keeps popping up; I guess food stamps are the soup lines of this Great Depression?

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Food stamp use soars

Stacy Summary:  I recall reporting on the number on food stamps hit 1 in 13, oh about three years ago.  It’s now one in 8 Americans.  Your thoughts?  Anyone seeing the rise in their county? And what’s up with the fact that apparently 100% of the top 100 counties using food stamps voted Republican?  Wonder what that means?

From the ailing resorts of the Florida Keys to Alaskan villages along the Bering Sea, the program is now expanding at a pace of about 20,000 people a day.

There are 239 counties in the United States where at least a quarter of the population receives food stamps, according to an analysis of local data collected by The New York Times.

The counties are as big as the Bronx and Philadelphia and as small as Owsley County in Kentucky, a patch of Appalachian distress where half of the 4,600 residents receive food stamps.

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Brown’s pound, Swedish banks and American income ** [Updated] **

Stacy Summary:  Oh yeah, green shoots are everywhere!

Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter of 2009, the Bureau of Economic Analysis reports. That’s the highest percentage since the government began compiling records in 1929.

In all, government spending on benefits will top $2 trillion in 2009 — an average of $17,000 provided to each U.S. household, federal data show. Benefits rose at a 19% annual rate in the first quarter compared to the last three months of 2008.

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