7,3% Unemployment but Almost one-sixth of Americans are on Food Stamps and The Work Force Participation Rate is Lowest Since 1978.

The Federal Reserve implied that the US economy is in a steady recovery and tapering is necessary. However, the statistics tell a different story and this might be the reason why tapering hasn’t started or may not even start in the near future. Food stamp enrollment had increased a whopping 70% from 2007 to 2011 along with temporary increased benefits which now do not seem so temporary. Growth of food [...]