Bushite Practices Bring America To The Brink Of Depression

You can thank George Herbert Hoover Bush, his administration, Bushites, corporate cronies offshoring jobs, and the have's and have more elite for the following.

From The Independent:

"We knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United States, a record number of Americans will shortly be depending on food stamps just to feed themselves and their families.

"Dismal projections by the Congressional Budget Office in Washington suggest that in the fiscal year starting in October, 28 million people in the US will be using government food stamps to buy essential groceries, the highest level since the food assistance programme was introduced in the 1960s.

"The increase – from 26.5 million in 2007 – is due partly to recent efforts to increase public awareness of the programme and also a switch from paper coupons to electronic debit cards. But above all it is the pressures being exerted on ordinary Americans by an economy that is suddenly beset by troubles. Housing foreclosures, accelerating jobs losses and fast-rising prices all add to the squeeze.

"Getting food on the table is a challenge many Americans are finding harder to meet.


[In Michigan]"...one in eight residents of the state is on food stamps, double the level in 2000....Forty states are reporting increases in applications for the stamps....At least six states, including Florida, Arizona and Maryland, have had a 10 per cent increase in the past year...In Rhode Island, the segment of the population on food stamps has risen by 18 per cent in two years."

Food stamps are but another indicator that Bushite practices may have us all saying, "Welcome to the 2008 depression."

 

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