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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  2/11/2016
TUESDAY, APR 1, 2008  |  1 comments
USA 2008: The Great Depression
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.

The increase – from 26.5 million in 2007 – is due partly to recent efforts to increase public awareness of the programme and also a switch from paper coupons to electronic debit cards. But above all it is the pressures being exerted on ordinary Americans by an economy that is suddenly beset by troubles. Housing foreclosures, ...


CLICK HERE to Read Entire Article
www.independent.co.uk

Response to economic crisis?
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News Item4/1/08 12:23 PM
bernie | illinois  Find all comments by bernie
This story certainly is not making front page news in any American newspaper or news show, our Government keeps giving the impression 'all is well', however, the real story contradicts such nonsense. We should not be in a panic mode, but in a prayer mode, our country is going to @#*! in a handbasket, we are running on pride and arrogance, but it won't last much longer.
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Last PostTotal
Pope unleashes 'super confessors' to tackle special sins
john yurich usa from usa: " christopher000 john y, how do you feel about the..."
-8 min 13 
Pope faces Mexicans worshipping skeletal 'Death Saint'
brobill from montana: "i had served as a missionary to haiti in the 80's and was..."
-11 min 
Evangelicals Favored Donald Trump, Ted Cruz in New Hampshire...
christopher000 from rhode island: "no, political posturing never crossed my mind..."
-14 min 17 



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