Re:Federal Government Begins First Shutdown In 17 Years
by NoPiece on Tuesday October 01, 2013 @01:37AM
(#6474325)
According to numerous articles, food stamps (SNAP) aren't affected by the shutdown.
School lunches and breakfasts would continue to be served, and food stamps, known as the Supplemental Nutrition Assistance Program, or SNAP, would continue to be distributed. But several smaller feeding programs would not have the money to operate.
http://usnews.nbcnews.com/_news/2013/09/29/20745618-a-govern...
The USDA said food stamps would not be affected in October.
http://www.huffingtonpost.com/2013/09/28/government-shutdown...
With 46 million people dependent on food stamps, the only thing separating the US from great depression style bread lines right now is that single program. Especially with the huge plunge in the labor force participation rate and the U6 being at 14%.
The downside to that is program is, the Federal Government is masking just how bad the US economy really is, with a trillion dollars a year of stimulus help from the Fed. Many people believe the economy is healthier than it really is when they read the fake unemployment number of 7.3%.