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?