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The Recession is over!

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  • #16
    Re: The Recession is over!

    Originally posted by GRG55 View Post
    ...Clearly what's needed is a series of new stimulus programs to supplement "Cash for Clunkers". Time for iTulipers to put their thinking caps on; here's my suggestion [although it may still be a bit early for something this drastic]..."Cash for Corn Flakes".
    On further reflection it would appear that "Cash for Corn Flakes" already exists, and is expanding quickly...they just don't want to admit that's what it really is. As EJ posted...Recession over, Depression just beginning...
    U.S. food stamp list tops 34 million for first time

    Thu Aug 6, 2009 5:05pm EDT

    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 is rising because the economy is having a devastating impact on low-income families and they need this program to eat," said Stacy Dean of the Center on Budget and Policy Priorities, a think tank. "Every single state has been affected."...


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