47.7 million Americans now on foodstamps as 607k become eligible this month.
Before I am flamed, I am not blaming this on the President. It is just a sad fact.
A million Americans entered the rolls of the impoverished in the past 2 months.
Again, another sad fact.
For all the news headlines about new jobs, and the economy recovering, statistics and facts like this offer a sobering look at the new normal in the USA.
I would say it is not getting better.
Again, I do not blame - or solely blame - this President.
The Asshats in Congress - both parties - as well as the current and past administrations - have led us here.
The Great Financial Crisis in 2008 offered America a chance to change course. Unfortunately, we did not. America followed the path of Japan, debasing the currency and throwing great gobs of money at problems with no real plan.
Iceland did it differently. They prosecuted the perpetrators of the fraud. They protected the taxpayers over the big banks; creditors took losses on loans and bonds, not the little people.
And, Iceland is growing, thriving, again.
Here is a link:
http://www.zerohedge.com/news/2012-12-08/guest-post-icelandic-success-story
The very first picture in the link tells a thousand words.
Before I am flamed, I am not blaming this on the President. It is just a sad fact.
A million Americans entered the rolls of the impoverished in the past 2 months.
Again, another sad fact.
For all the news headlines about new jobs, and the economy recovering, statistics and facts like this offer a sobering look at the new normal in the USA.
I would say it is not getting better.
Again, I do not blame - or solely blame - this President.
The Asshats in Congress - both parties - as well as the current and past administrations - have led us here.
The Great Financial Crisis in 2008 offered America a chance to change course. Unfortunately, we did not. America followed the path of Japan, debasing the currency and throwing great gobs of money at problems with no real plan.
Iceland did it differently. They prosecuted the perpetrators of the fraud. They protected the taxpayers over the big banks; creditors took losses on loans and bonds, not the little people.
And, Iceland is growing, thriving, again.
Here is a link:
http://www.zerohedge.com/news/2012-12-08/guest-post-icelandic-success-story
The very first picture in the link tells a thousand words.