28 million people in the US on Food Stamps

Discussion in 'Wall St. News' started by TorontoTrader2, Apr 3, 2008.

  1. clacy

    clacy

    I would bet that 75% of those adults smoke an average of a pack of cigarettes each day. That's $300/mo for a 2 adult family.
     
    #11     Apr 9, 2008
  2. S2007S

    S2007S

    10% of the population???

    That seems a bit high......
     
    #12     Apr 9, 2008
  3. So with about 300 million people in the U.S., about 1 in 11 people are on food stamps. That is quite a shitload. I see a very bleak future for many people in this country. Outsourcing of jobs is one thing that contributes to more poor folks in this country, as well as higher high school drop our rates. I think it will get even worse over the years as soaring costs for employee benefits, such as health insurance, will have even more jobs outsourced. The end result will be a small amount of wealthy people with a massive amount of people living in poverty.
     
    #13     Apr 9, 2008

  4. The USA is the country of extremes ...worldwide the rich get richer and the poor poorer, the gap widens...
     
    #14     Apr 9, 2008
  5. Food stamp and other welfare programs are not going away. Just look at the math. For every dollar give out in welfare, you need to pay out $5 for someone to do it.
     
    #15     Apr 9, 2008
  6. Actually it's quite a bit more the $5 an hour. More like $14 plus an hour. Downtown Denver wants to take all of the homeless off the street. They want to use the Philly model. That's costs 100k per person!:eek: One can live a decent life in Denver for 50k ( depending on neighborhood ), so where's the other 50k, admin.
     
    #16     Apr 9, 2008
  7. copa8

    copa8

    some welfare recipients have the latest mobiles and alot of bling too.
    in most countries, if you don't work, you don't eat.
     
    #17     Apr 9, 2008
  8. gnome

    gnome

    Remind you of anyone in recent history? The Soviet Union before the collapse, perhaps?
     
    #18     Apr 9, 2008
  9. clacy

    clacy

    The bottom 10% in any country is going to be unable to provide any sort of financial well being for themselves and their dependents.

    At least in this country the poor people have food, shelter, cable tv, transportation, etc.

    If they don't have those things, it's only due to drug abuse or mental illness.
     
    #19     Apr 9, 2008
  10. What kind?

    • the kind we have had for the last 8 years
    • aka a conservative republican one
    • aka a "let oil skyrocket 425%" one
    • aka a "let capitalism rule", and regulations be damn
    • aka a "we got ours" and ..... the rest of you(s)
    • aka a cynical bunch of .....
    • aka well, just like the ones we have now!
     
    #20     Apr 9, 2008