Wednesday, November 9, 2011


One in 15 Americans now officially living in poverty as number receiving food stamps rises 8.1% in a year

How does a country end up 15 trillion dollars in debt? 30 years ago, we were just a little over a trillion dollars in debt. How in the world do supposedly rational people living in "the greatest nation on earth" allow themselves to commit national financial suicide by allowing government debt to explode like that?

Shocking figures revealed today that one in 15 people in America is now living in poverty.
The number - a record high - is spread widely across metropolitan areas as the country's economic troubles continue to bite.

Nearly 46 million Americans are now taking food stamps, and the growing numbers advanced at 8.1% over just the past year. Because so many of these are children, I was quite interested in a recent study out just last week from the Bertelsmann Foundation. What brings his words to mind is news that 41.8 million Americans are on food stamps, and the White House estimates 43 million will soon be getting food stamps every month.

Saucedo, who earns $9.70 an hour for about 26 hours a week and lives with her mother, is one of the many Americans who survive because of government handouts in what has rapidly become a food stamp nation. Read more...


  1. To know why we are in debt, you need to read the history of George Bush and the Republicans when they were in charge. They spent money like crazy, started two wars, instituted tax breaks, and never worried about how anything would be paid for.

    Although Repubs howl about the debt under Obama, it was Bush who doubled our debt.

  2. so trade and monetary policy's and globalization among many things that took place before either one of those prez's had nothing to do with anything either? hanging onto the dems as best will disappoint, so will hanging onto the repubs as best, but we all choose and refuse as we will. I wonder, does lobbying by corporations have any push or pull on gov spending and policy and are the corps stuck in dem/repub boxes they even care really who they work with? or is their aim something beyond dems/repubs politics. just some thoughts..not like money and power are bigger draws then being dem or repub. what'd that old codger from england say so long matters not what king (dem or repub) sits on the throne it's who controls the money, and I control the money

  3. 1971 off of the gold standard, but started amassing debt in 1962, although very slowly compared to now


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