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Originally Posted by Binky Bainbridge  Disadvantaged Americans queue for aid in New York Related Articles By David Usborne in New York Tuesday, 1 April 2008
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.
For full article: USA 2008: The Great Depression - Americas, World - The Independent |
There’s a few problems with
The Independent's article. It’s less than honest.
Check out the source of the picture.
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They didn’t do their homework on the stock market either.
Bloomberg.com: U.S.