Food Stamp Rolls in America Now Surpass the Population of Spain

 

 

 

” Since taking office in 2009, food stamp rolls under President Barack Obama have risen to more than 47 million people in America, exceeding the population of Spain.

When Obama entered office in January 2009 there were 31,939,110Americans receiving food stamps.  As of November 2012—the most recent data available—there were 47,692,896 Americans enrolled, an increase of 49.3 percent.

Furthermore, between January 2009 and November 2012 the food stamp program added approximately an average 11,269 recipients per day.”

 

 

See Also …

 

Food Stamp Nation - WSJ.com

USA becomes Food Stamp Nation but is it sustainable? | Reuters

Food Stamp Nation - FrontPage Magazine —

 

   The above links date from the past few months as each month brings a new record in the percentage of families newly dependent on government handouts . The ZeroHedge link below is from yesterday and is offered as a companion piece to the featured story .

 

 

Households On Foodstamps Rise To New Record

 

” While hardly presented by the mainstream media with the same panache dedicated to the monthly ARIMA-X-12 seasonally-adjusted, climate-affected, goal-seek devised non-farm payroll data, the three month delayed Foodstamp number is according to many a far greater attestation to the “effectiveness” of the Obama administration to turn the economy around.

 

Here is the “money” quote , pun intended … 

 

” The cost to the government to keep these 23 million households content and not rising up? $281.21 per month per household.”

 

    Well , you say , it’s a mere $281 a month , which was our initial thought as well but if you do the math , the number , constantly on the rise mind you , is significant . We’ll save you the trouble of digging your cell phone out of your pocket to get to your calculator app and tell you that $281.21 times 23,000,000 households adds up to a whopping $6,467,830,000 per month in SNAP payments alone . That’s right … nearly six and one half BILLION dollars per month in benefits .

   Here is a page directly from the Congressional Budget Office with projections for the next ten years . Note that they show a peak enrollment in 2014 with a steady downward trend from then to 2022 thus reducing benefit outlays( theoretically) , yet administrative costs never falter on their journey skyward . Why is that ?

 

 

SNAP Costs:Enrollment

Click The Graphic For The Full Sized PDF At The CBO

 

 

 

   The page below corroborates the endless upward growth in administrative costs of the SNAP program in somewhat greater detail .

 

 

 

SNAP Admin Costs CBO Projections

Click The Graphic For The Full Sized PDF At The CBO

 

 

 

 

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