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Thursday, February 03, 2011

An Excess Supply of Austerity

The use of food stamps is still increasing:

Some 43 Million Use Food Stamps, by Sara Murray, WSJ: Nearly a year and a half into the economic recovery, some 43.6 million Americans continued to rely on food stamps in November.
More than 14% of the population drew food stamps in November to purchase groceries as high unemployment and muted wage growth crimped budgets. The number of recipients was up 0.9% from October... Compared to a year ago, the number of people receiving food stamps was up 14.2%. ...

    Posted by on Thursday, February 3, 2011 at 12:33 AM in Economics, Social Insurance, Unemployment | Permalink  Comments (10)


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