US: Food Stamps Used by Record 43.2 Million in October, Up 15 Percent From A Year Ago

It’s the Greatest Depression.

Get ready for the greatest financial-economic collapse in history.

There is still some time left.

The recovery is gaining speed now …


Jan. 07 (Bloomberg) — The number of Americans receiving food stamps rose to a record 43.2 million in October as the jobless rate stayed near a 27-year high, the government said.

Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases jumped 15 percent from a year earlier and increased 0.7 percent from September, the U.S. Department of Agriculture said today in a statement on its website. Participation has set records for 23 straight months.

An average of 43.3 million people, more than an eighth of the population, will get food stamps each month in the year that began Oct. 1, according to White House estimates.

By Alan Bjerga – Jan 7, 2011 7:16 PM GMT+0100

Source. Bloomberg

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