Download - 10 Facts About Food Stamps in America

Transcript
Page 1: 10 Facts About Food Stamps in America

FOOD STAMPS10 Facts about

in America

Page 2: 10 Facts About Food Stamps in America

Here’s a depressing fact for you…

Page 3: 10 Facts About Food Stamps in America

Americans are on food stamps46.8 million

Page 4: 10 Facts About Food Stamps in America

That equates to 15% of theU.S. POPULATION

Page 5: 10 Facts About Food Stamps in America

To make things worse…

Page 6: 10 Facts About Food Stamps in America

set a record for the number of people receiving benefits.2013

Page 7: 10 Facts About Food Stamps in America

47.6 Millio

n

Here’s the average annual number of food stamp recipients since 1970…

4.3 Millio

n

Page 8: 10 Facts About Food Stamps in America

That equates to a 1,007% increase!

Page 9: 10 Facts About Food Stamps in America

Meanwhile,the population of the United States has increased only

54%

Page 10: 10 Facts About Food Stamps in America

In other words…

Page 11: 10 Facts About Food Stamps in America

The growth in food stamp recipients has outpaced general

population growth by 953%!

Page 12: 10 Facts About Food Stamps in America

But before you get TOO DEPRESSED…

Page 13: 10 Facts About Food Stamps in America

There is some GOOD NEWS.

Page 14: 10 Facts About Food Stamps in America

Over the last year, the number of food stamp recipients has

started to fall.

Page 15: 10 Facts About Food Stamps in America

Dec. 2012 Nov. 2013 Dec. 2013

47,792,05647,035,644 46,782,047

Food stamp recipients by month...

Page 16: 10 Facts About Food Stamps in America

This has dropped the monthly overall cost of the program to

$5.8 BILLION

Page 17: 10 Facts About Food Stamps in America

This is down from a record $6.5 BILLION in Nov. 2012.

Page 18: 10 Facts About Food Stamps in America

Also helping on this front...

Page 19: 10 Facts About Food Stamps in America

The average benefit per person is dropping...

Page 20: 10 Facts About Food Stamps in America

Dec. 2012 Dec. 2013

$133.70

$124.39

Average monthly benefit per person...

-7%

Page 21: 10 Facts About Food Stamps in America

And, just for good measure...

Page 22: 10 Facts About Food Stamps in America

$10.55

$124.39

Here’s the NOMINAL average monthly benefit per person since 1970 (+1,079%)…

Page 23: 10 Facts About Food Stamps in America

And here it is if you adjust for INFLATION (+100%)…

$124.39

$62.31

Page 24: 10 Facts About Food Stamps in America

In sum...

Page 25: 10 Facts About Food Stamps in America

While costs to the government from the food stamp program are going

DOWN

Page 26: 10 Facts About Food Stamps in America

There are still a near-record number of recipients thanks to the ongoing economic malaise.

Page 27: 10 Facts About Food Stamps in America

RECAP: 10 Facts about FOOD STAMPS in America 1. Number of food stamp recipients: 46.8 million.

2. This equates to 15% of the U.S. population.

3. 2013 was a record year in terms of the number of enrollees.

4. Since 1970, the number of recipients has increased 1,007%.

5. This has outpaced population growth by 953%.

6. The number has finally started to fall, dropping the overall monthly

cost of the program to $5.8 billion.

7. At the peak, the overall monthly cost was $6.5 billion (Nov. ’12).

8. Also contributing to this is a 7% drop in the average monthly benefit

per person.

9. Still, over the last 44 years, the nominal monthly benefit per person

has grown by 1,079%.

10. Adjusted for inflation, that equates to a 100% increase.

Page 28: 10 Facts About Food Stamps in America

To learn about one more government program in

desperate need of attention, check out The Motley

Fool’s latest FREE REPORT on Obamacare. In only

minutes, you’ll be able to learn the critical facts you

need to know in order to profit from this

earthshaking change in policy.

Simply click here now, to access a free copy

instantly.