Every Sixth American Uses Food StampsAugust 6, 2011 5:56 pm
We have written about unemployment stats before, we spotted this today:
“According to the U.S. Dept. of Agriculture’s latest report on its Supplemental Nutrition Assistance Program (aka food stamps), a record 45.8 million Americans received SNAP benefits during the month of May, up 12% from the same month in 2010 and 34% from two years ago.
“The rise in the Supplemental Nutrition Assistance Program indicates that the economy is still in tough shape and for a lot of people the recession has not ended,” Nicholas Colas, chief market strategist for ConvergEx, told ABC News. “It’s clear that the historical stigma of being on food stamps is quickly eroding because there are so many people on it. People don’t feel bad asking for help.”
Statistics Source: Consumerist