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US Food Stamp Usage Up 64% In Four Years!

  • Written by Syndicated Publisher No Comments Comments
    August 29, 2012

    Here are a couple of charts from Tim Wallace on the food stamp program, now called “SNAP” to remove the stigma. SNAP stands for Supplemental Nutrition Assistance Program.

    SNAP Participants 

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    SNAP Program Costs in Millions

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    SNAP Facts and Figures

    • In the last four years the number of participants increased by 64.7%
    • In the last four years the program cost is up by 114.4%
    • Since 2000, the number of participants is up 170%
    • Since 2000, the program cost is up by 395%

    Mike “Mish” Shedlock
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    About The Author

    Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.  Visit Sitka Pacific’s Account Management Page to learn more about wealth management and capital preservation strategies of Sitka Pacific.

    You are currently viewing my global economics blog which typically has commentary every day of the week. I am also a contributing “professor” on Minyanville, a community site focused on economic and financial education.  Every Thursday I do a podcast on HoweStreet and on an ad hoc basis contribute to many other sites.

    When not writing about stocks or the economy I spend a great deal of time on photography and in the garden. I have over 80 magazine and book cover credits. Some of my Wisconsin and gardening images can be seen at MichaelShedlock.com.