Tuesday, November 17, 2009

10,400 vs. 17,000,000

The stock market closed above 10,400 today. Also happening today was the release of a study of hungry people by the U.S. Department of Agriculture. This study shows that there are 17,000,000 households with 49,000,000 men, women and children who have gone to bed hungry over the past year. That works out to 14.6% of the households in our country. That's the highest percent since the government counted these numbers.

Is the economy stabilizing? Certainly it is for some. But not for the 10.2% unemployed or the 14.6% hungry. We have a ways - a long ways - to go before we can say goodby to economic adversity.

1 comment:

R J Adams said...

The price of hating socialism? No-one goes hungry in Britain. It's welfare laws don't allow it. I believe that's also true of mainland Europe, though I can't be sure.