I came upon some statistics with regard to food stamps. The program is called “Supplemental Nutrition Assistance Program,” or SNAP.
The figures are impressively large, unfortunately. As well, the growth rates are brisk.
Here is a table showing the Number of People Participating; as of January the figure is 39,430,724 up 22.4% from year-ago levels.
Here is a table showing the Number of Households Participating.
Of course, what is particularly disconcerting is not only the extent of participation in these programs, but the fact that this is yet another notable statistic that is getting worse well after the purported end of the recession.
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SPX at 1194.37 as this post is written