The boom in Food Stamps

One area where the languishing U.S. economy is breaking records these days is in need. One measure: more than one in seven Americans is now on Food Stamps, an all-time record. Here’s a graph of the share of the U.S. population drawing benefits from what used to be called the Food Stamp program, and is now known as the Supplemental Nutrition Assistance Program, or SNAP, which is no doubt some bureaucrat’s idea of catchy. As of September, the latest month available (data here), over 46 million people, or almost 22 million households, were… Read More