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Friday, August 5, 2011

U.S. ECONOMY: One in seven Americans lives on food stamps!


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Believe it or not, one in seven Americans - 15 per cent of the country - now need government-provided food stamps simply to survive, according to latest government figures.

Nearly 46 million Americans receive food stamps out of a population of some 311 million people, the US Department of Agriculture, which administers what's officially called the Supplemental Nutrition Assistance Programme reported on Thursday.

The continued high unemployment and the weak US economy have contributed to the explosive growth of the food stamp programme with no end in sight to the monthly increases, CNN said noting that 27 million people were dependent on food stamps in October 2007.


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