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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
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[quote:RoXY:MV8xNTc4NDI2XzM0NjY1MDAxXzJEMEQ2RDNC] [b]More Americans Will Use Food Stamps For Thanksgiving This Year Than Ever Before[/b] By Elizabeth Flock November 20, 2012 More Americans will use food stamps to buy their Thanksgiving dinner this year than ever before, according to a new report from the nonprofit government watchdog group The Sunlight Foundation. The Food Stamp Challenge, which challenges higher-income families to live as if they are on food stamps, estimates that a person on food stamps has a budget of about $1.25 per meal. In other words, a family on food stamps must buy an entire meal per person for less than the cost of an average cup of coffee. Usage of food stamps among low and no-income families has spiked since the collapse of the U.S. financial system four years ago. According to the U.S. Department of Agriculture, average participation in the Supplemental Nutrition Assistance Program, or food stamp program, has increased 70 percent since 2007. And economists have warned that usage of food stamps won't go down until unemployment improves. [b]CONTINUE: http://www.usnews.com/news/blogs/washington-whispers/2012/11/20/more-americans-will-use-food-stamps-for-thanksgiving-this-year-than-ever-before[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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