"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Friday, January 7, 2011

Yet Another Sign of Our Strong Recovery: RECORD 43.2 MILLION Americans receiving Foodstamps

The USDA released their SNAP (a.k.a. food stamp) usage report for October 2010 and sadly, 43.2 million Americans are receiving Food Stamp assistance (40% increase from October 20008). All told, 20.1 million households rely on food stamps in order to feed their families. The average benefit per month per person was $133.76 and an average per household benefit of $286.30.

5.5 million more Americans relied on Food Stamps in October 2010 than in October 2009. 2.9 million more households received Food Stamp assistance in October 2010 versus the same month in 2009.

During the month of October 2008, 30.8 million Americans received food stamps representing 13.9 million households.

Thanks to Zero Hedge for Copy/Paste Chart

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