Almost 50 million Americans now on food stamps as nation plunges into widespread poverty

Tuesday, September 17, 2013
By Paul Martin

by: Thomas Henry
NaturalNews.com
Tuesday, September 17, 2013

As economic recovery continues to prove dismal if not illusory, American families are signing up for food stamps in record numbers, showing signs that poverty is increasing and the job market is far from recovering.

According to official U.S. Department of Agriculture (USDA) numbers, households on food stamps increased by 45,900 in one month, hitting a staggering new high in June of 23.117 million households, with an additional 125,079 individuals signing up for Supplemental Nutrition Assistance Program (SNAP) benefits, a near-record 47.76 million people that is just below the December 2012 peak of 47.79 million.

More than 80% of those families receiving food stamp benefits are at or below the poverty line, with more than 61% of households drastically below the poverty line, making less than $14,648 in a year per household of three.

These numbers reflect a bigger trend that is all but abysmal in scope – that more than 22 million people have been added to the government dole since December 2007, at the onset of the economic crisis that has spiraled into near depression levels. According to Zero Hedge, more than 2.2 million jobs are needed to reach equilibrium with Fall 2008 levels of employment and cost of living affordability.

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