There are 306 million Americans living in the United States, shockingly, 34.4 million of them are now on Foodstamps.
WASHINGTON (Reuters) – For the first time, more than 34 million Americans received food stamps in May, the government said on Thursday, another symptom of the longest and one of the deepest recessions since the Great Depression.
Enrollment surged by 2 percent to reach a record 34.4 million people, or one in nine Americans, in the latest month for which figures are available.
It was the sixth month in a row that enrollment set a record. Every state recorded a gain, and Florida had the largest increase at 4.2 percent.
Food stamp enrollment
May 34.409 million
April 33.758 million
March 33.157 million
February 32.556 million
January 32.205 million
December 2008 31.784 million
November 2008 31.097 million
October 2008 31.050 million
September 2008 31.586 million
Notice the relentless climb in the numbers? Guess what… those numbers are not “seasonally adjusted.” There is no “birth/death” model used. It simply is what it is and it is shocking – 11.24% of the entire population.
Please compare and contrast that reality with the bonuses on Wall Street or with the money printing games being played by the Fed, Treasury, and central banks.
In Zimbabwe, they printed easy money too and the people starve as the cost of a loaf of bread becomes unaffordable. They have no food stamps in Zimbabwe, but for a while they had the best performing stock market in the world. For a while.