Friday, August 16, 2013

Aiding and Abetting Poverty



Those using food stamps through the Supplemental Nutrition Assistance Program (SNAP) increased by an average of 13 percent a year from 2008 to 2012.

Subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population. The U.S. Department of Agriculture estimates that a total of 101,000,000 people currently participate in at least one of the 15 food programs offered by the agency, at a cost of $114 billion in fiscal year 2012. Read more... at CNS News.

View the chart

The government, instead of trying to raise people from poverty, are aiding and abetting. With the government about to pass amnesty, more and more Americans will be out of jobs and those who suddenly become "legal" will put pressure on the government for welfare services and benefits...the standard of living in America will keep falling.  The interesting thing is that the stock market is rising. Money has to flow somewhere, much like water in an open tap.  Beware a market pumped up mainly by the printing press. What goes up will go down.

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