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10 Facts About Food Stamps in America
 

10 Facts About Food Stamps in America

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In 2013, there were a record number of food-stamp recipients. This presentation delves into 10 facts that are critical to understanding this epidemic.

In 2013, there were a record number of food-stamp recipients. This presentation delves into 10 facts that are critical to understanding this epidemic.

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    10 Facts About Food Stamps in America 10 Facts About Food Stamps in America Presentation Transcript

    • FOODSTAMPS 10 Facts about in America
    • Here’s a depressing fact for you…
    • Americans are on food stamps 46.8 million
    • That equates to 15% of the U.S. POPULATION
    • To make things worse…
    • set a record for the number of people receiving benefits.2013
    • 1970 1980 1990 2000 2010 47.6 Million Here’s the average annual number of food stamp recipients since 1970… 4.3 Million
    • 1970 1980 1990 2000 2010 That equates to a 1,007% increase!
    • Meanwhile, the population of the United States has increased only 54%
    • In other words…
    • The growth in food stamp recipients has outpaced general population growth by 953%!
    • But before you get TOO DEPRESSED…
    • There is some GOOD NEWS.
    • Over the last year, the number of food stamp recipients has started to fall.
    • 47,792,056 47,035,644 46,782,047 Dec. 2012 Nov. 2013 Dec. 2013 Food stamp recipients by month...
    • This has dropped the monthly overall cost of the program to $5.8 BILLION
    • This is down from a record $6.5 BILLION in Nov. 2012.
    • Also helping on this front...
    • The average benefit per person is dropping...
    • $133.70 $124.39 Dec. 2012 Dec. 2013 Average monthly benefit per person...
    • And, just for good measure...
    • 1970 1980 1990 2000 2010 $10.55 $124.39 Here’s the NOMINAL average monthly benefit per person since 1970 (+1,079%)…
    • 1970 1980 1990 2000 2010 And here it is if you adjust for INFLATION (+100%)… $124.39 $62.31
    • In sum...
    • While costs to the government from the food stamp program are going
    • There are still a near-record number of recipients thanks to the ongoing economic malaise.
    • 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.
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