Foodstamps Surge By Most In One Year To New All Time Record, In Delayed Release

Pointgold

Keeps It Simple
While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances.

There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data.

One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.

http://www.zerohedge.com/news/2012-...-one-year-new-all-time-record-delayed-release
 
Some of the losers reading "Tyler Durden" spout 'forward!', just as Stargazer is doing here.

Do they all share the same brain? Guess so. They say whatever they're told to say. Some things never change.
 
While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances.

There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data.

One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.

http://www.zerohedge.com/news/2012-...-one-year-new-all-time-record-delayed-release
I am doing my part to increase the number of food stamp moochers, my post on this Forum explains all about getting your fair share of food stamps.
 
Conservitives bitch and howl about the cost of social serveses but when you cut the same size cuts to the military you see just how fiscally conservitive these people really are.
 
Tell ya what nutsack. Will you accept 1:1 cuts in military spending for welfare spending?

How about an equal ratio as you propose, though based on the total expenditures of each?
Would you support that?

In fiscal year 2005, the FSP served approximately 25.7 million people in an average month, at a
total annual cost of $31 billion.

http://www.usda.gov/documents/FOOD_STAMP_PROGRAM.pdf

Adding in all of these non-DOD agencies' costs, plus a share of the annual interest on the national debt, can get total US defense-related spending up to about $1 trillion

http://defense.aol.com/2012/03/16/the-military-imbalance-how-the-u-s-outspends-the-world/

IDIOT.
 
While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances.

There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data.

One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.

http://www.zerohedge.com/news/2012-...-one-year-new-all-time-record-delayed-release

Retard; thanks for proving the long reaching deleterious effects of the neo-con destruction of the economy.
 
How about an equal ratio as you propose, though based on the total expenditures of each?
Would you support that?

In fiscal year 2005, the FSP served approximately 25.7 million people in an average month, at a
total annual cost of $31 billion.

http://www.usda.gov/documents/FOOD_STAMP_PROGRAM.pdf

Adding in all of these non-DOD agencies' costs, plus a share of the annual interest on the national debt, can get total US defense-related spending up to about $1 trillion

http://defense.aol.com/2012/03/16/the-military-imbalance-how-the-u-s-outspends-the-world/

IDIOT.

I don't care how you do it cum stain. For every dollar you cut defense you cut welfare by a dollar. Real cuts too. Not just fake cuts in growth. Deal bitch?
 
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