I came across this a couple of days ago. Those of you who have followed this blog, especially my reports about unemployment, know that the unemployment reports published by the Bureau of Labor Statistics have grown steadily more detached from reality since the onset of the recession in 2008. While the Obama administration would have us believe that the economy has been slowly recovering, the above-linked grid, titled “Measures of State Economic Distress,” provides data that paints a different picture. This tool gauges the economy of each state by comparing the foreclosure rates, the changes in the unemployment rates and the change in the food stamp participation rate. While the unemployment rate fell nationally by 0.7% during the 12-month period from October ’10 to October ’11, the food stamp participation rate soared by 7.8%.
So, while we are supposed to believe that more Americans have gone back to work, it’s clear that even more Americans’ incomes have fallen to a level that makes them eligible for and dependent upon the food stamp program to put food on the table.
An improving economy? Tell that to the growing number of Americans on food stamps.