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#3028789 - 11/12/12 06:28 AM More bad news...delayed release after election
JWW4
8 Point


Registered: 06/09/07
Posts: 2124
Loc: Signal Mtn, TN

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A lot of bad news for Obama has come out in the last week, but all was held until after Tuesday.
1. Iran fired on one of our planes oer international water
2. CIA director controversy
3. Libya hearings

and now:

Foodstamps Surge By Most In One Year To New All Time Recore, In Delayed Release

While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances. There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data. One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.


The rest of the article with charts can be seen with link
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#3029087 - 11/12/12 09:08 AM Re: More bad news...delayed release after election [Re: JWW4]
de novo
10 Point


Registered: 07/21/08
Posts: 4032
Loc: Middle TN

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Should be damning information; however, with our current dempgraphics it's doubtful any release would have affected this election. Dubious timing, though.
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#3029197 - 11/12/12 10:12 AM Re: More bad news...delayed release after election [Re: JWW4]
preds1
12 Point


Registered: 10/16/09
Posts: 6473
Loc: Sumner County

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The general public doesn't care about #1 - #3, doesn't affect them today.

However, #4 is the highest priority to many.

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