Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

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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