Number Of Americans On Food Stamps Breaks Another Record
Another grim milestone for Obama’s economy:
While the lowest unemployment rate of President Barack Obama’s tenure dominated weekend economic news, a less-welcome statistic for the White House — a record number 0f food-stamp recipients — slipped by with barely a notice.
About 46.68 million Americans received food stamps in July, the government said in a report released late on Friday afternoon before a holiday weekend, a traditional time for dumping bad news. The report for July, the most recent month that data was available, showed participation up by 11,532 from June and 2.9 percent higher than a year earlier. …
“When the president took office, 32 million people on food stamps — 47 million on food stamps today,” Republican Mitt Romney said in last week’s presidential debate. “Going forward with the status quo is not going to cut it for the American people who are struggling.”
Monthly spending on food stamps in July reached $6.26 billion, also a record and 2.9 percent more than a year earlier.
It’s hard to argue that we’ve got an improving economy when food stamp enrollment keeps going up.Tags: Economy, food stamps, jobs