Another record in people receiving food stamps

M

misterno

Another record in people receiving food stamps

Every month we have a record so who was saying there was recovery????

http://www.fns.usda.gov/fns/data.htm


--------------household------persons
Oct 2010 ---20,183,177-------43,201,052
Nov 2010--- 20,404,895----43,596,084
Dec 2010----- 20,668,184---44,082,361
Jan 2011 ---- 20,748,799--44,187,874
Feb 2011----- 20,791,408--44,199,479
Mar 2011 ----- 21,045,909---44,587,275
Apr 2011 ----- 21,071,256 ---44,647,861
 
Somewhere around 50% of S&P 500 earnings are from outside the US. So, poor economic conditions here have only a partial impact on earnings, resulting in the disconnect between a poor US economy and a rising US stock market. Same for FTSE index in the UK.

Small business that relies 100% on US economy is suffering.
 
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