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April 21, 2012

Obamanomics Epic Fail … CBO States Food Stamp Rolls Explode By 70%

Posted in: 2012 Elections,Barack Obama,CBO,Economy,Epic Fail,Food Stamps,Government,Jobs,Nanny State - Big Government,Obamanation,Obamanomics,Presidential Election,Recession,Unemployment

From the CBO comes the following, Barack Obama,  The Food Stamp President

The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

Spending for the program, not including administrative costs, rose to $72 billion in 2011, up from $30 billion four years earlier. The CBO projected that one in seven U.S. residents received food stamps last year.

Good grief, is it any wonder why Barack Obama is trying to divide and deflect as a political strategy for 2012 reelection? If he actually ran on his record he would be rode out of town on a rail. What a pathetic weak recovery due to nothing more than the policies and socialist Obama agenda.


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