With 46 million on foodstamps and 93 million out of the workforce a "defense" budget this big is unjustifiable.
Food Stamp Beneficiaries Exceed 46,000,000 for 38 Straight Months
(CNSNews.com)
– The number of beneficiaries on the Supplemental Nutrition Assistance
Program (SNAP)—AKA food stamps–has topped 46,000,000 for 38th straight
months, according to data released by the Department of Agriculture
(USDA).In October 2014, the latest month reported, there were 46,674,364 Americans on food stamps. Food stamp recipients have exceeded 46 million since September 2011.
image: http://cns7prod.s3.amazonaws.com/styles/ap_image/s3/images/FOOD%20STAMPS-OCTOBER-2014.jpg
The 46,674,364 on food stamps in October was an increase of 214,434 from the 46,459,930 on food stamps in September.As of July, the national population was 318,857,056, the Census Bureau estimates. Thus, the 46,674,364 on food stamps equaled 14.6 percent of the population.
The number of households on food stamps increased from 22,749,951 in September to 22,867,248 in October, an increase of 117,297.
http://www.cnsnews.com/news/article/ali-meyer/food-stamp-beneficiaries-exceed-46000000-38-straight-months
Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
(CNSNews.com)
– The number of Americans 16 years and older who did not participate in
the labor force–meaning they neither had a job nor actively sought one
in the last four weeks–rose from 92,898,000 in February to 93,175,000 in
March, according to data released today by the Bureau of Labor
Statistics.That is the first time the number of Americans out of the labor force has exceeded 93 million.
Also from February to March, the labor force participation rate dropped from 62.8 percent to 62.7 percent, matching a 37-year low.
Five times in the last twelve months, the participation rate has been as low as 62.8 percent; but March’s 62.7 percent, which matches the participation rate seen in September and December of 2014, is the lowest since February of 1978.
image: http://cns7prod.s3.amazonaws.com/styles/ap_image/s3/images/march-labor.jpg
BLS employment statistics are based on the civilian noninstitutional
population, which consists of all people 16 or older who were not in the
military or an institution such as a prison, mental hospital or nursing
home.In March, the civilian noninstitutional population was 250,080,000 according to BLS. Of that 250,080,000, 156,906,000 — or 62.7 percent — participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.
http://cnsnews.com/news/article/ali-meyer/americans-not-labor-force-exceed-93-million-first-time-627-labor-force
US Defense Spending
http://www.usgovernmentspending.com/us_defense_spending_30.html
https://en.wikipedia.org/wiki/Military_budget_of_the_United_States
Read more at http://investmentwatchblog.com/with-46-million-on-foodstamps-and-93-million-out-of-the-workforce-a-defense-budget-this-big-is-unjustifiable/#XlwHRI3O6VD1hcig.99
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