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Record Number Of US Households On Foodstamps

Posted By admin On June 5, 2012 @ 2:49 am In Money Watch | Comments Disabled

Zero Hedge [1]
June 5, 2012

Last month, when the USDA released the latest foodstamps numbers for the month of February, there was some hope that following a third month of declines, we may just have seen the peak of US foodstamp usage and going forward we would only see the number decline. Sadly, the latest numbers refutes this: in March a total of 46,405,204 persons [2]were at or below poverty level and thus eligible for foodstamps [3], a 79K increase in the month. Yet while many individuals have learned to game the system, and this numbers at the peak may fluctuate, when it comes to the far more comprehensive and difficult to fudge “households on foodstamps” number, there was no confusion: at 22,257,647, [2] the number of US households receiving the “SNAP treatment” rose to an all time high, even as the benefit per household dropped to the second lowest ever. At least all these impoverished believers in hope and change have FaceBook IPO profits to look forward to. Oh wait.

Record Number Of US Households On Foodstamps  Households%20Foodstamps 0 [4]

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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/record-number-us-households-foodstamps

[2] March a total of 46,405,204 persons : http://www.fns.usda.gov/pd/34SNAPmonthly.htm

[3] eligible for foodstamps: http://www.fns.usda.gov/snap/applicant_recipients/eligibility.htm

[4] Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/05-2/Households%20Foodstamps.jpg

[5] Recovery: Record 23 Million American Households Receive Food Stamps: http://www.prisonplanet.com/recovery-record-23-million-american-households-receive-food-stamps.html

[6] Foodstamp Usage Remains At All Time High, Record Number Of Households Receive $277 In Poverty Assistance Monthly: http://www.prisonplanet.com/foodstamp-usage-remains-at-all-time-high-record-number-of-households-receive-277-in-poverty-assistance-monthly.html

[7] Record 44.7 Million People Celebrate Geithner’s Departure And The End Of QE2 Through Foodstamps: http://www.prisonplanet.com/record-44-7-million-people-celebrate-geithners-departure-and-the-end-of-qe2-through-foodstamps.html

[8] US Foodstamp Usage Rises To New Record High: http://www.prisonplanet.com/us-foodstamp-usage-rises-to-new-record-high.html

[9] Foodstamps Surge By Most In One Year To New All Time Record, In Delayed Release: http://www.prisonplanet.com/foodstamps-surge-by-most-in-one-year-to-new-all-time-record-in-delayed-release.html

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