Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, will always be, a relentless optimist with radical gratitude.
Friday, April 20, 2012
Food Stamps in America
There are 46.5 million Americans in the
program as of the most recent information available (January 2012),
comprising 22.2 million households. That’s 15% of the entire
population, and just over 20% of all households. Moreover, despite the
end of the official “Great Recession” in June 2009, over 10 million more
Americans have been accepted into the program since that month, and the
year-over-year growth rate for the program is still +5%. The USDA’s report is,
not surprisingly, very upbeat on the utility of the program. Fair enough. But
what does it mean when 20% of all households cannot afford to buy the food they
need for their families?
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