March 31, 2008

Fast facts on THIS DEPRESSION (yet to be named)

Again, items from the Center for American Progress . (for historical purposes, as the KlusterfucK gathers more momentum - ongoing items are tagged either "fiscal crisis" or klusterfuck on this blog)

"The number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s." The economic slowdown caused the "recent rises in many states," say officials and experts. At the same time, after rising by 100,000 for the second month in a row, the number of Americans working part time jobs out of economic necessity reached the highest level since 1993.

"Average gasoline prices hit another all-time high, according to a survey conducted for motorist organization AAA. The average price of regular rose to $3.287 a gallon, up from $3.286 the previous day, according to the AAA Web site. The price averaged $3.165 a month ago. A year ago, American drivers were paying $2.673."

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