Tag Archives: survival on food stamp

USA Becomes Food Stamp Nation

15% of the entire American population uses such coupon for survical food handouts: Reuters

By Kristina Cooke (Reuters),

Forty Six Million Americans (15% of the total population) is now surviving because of government food handouts in what has rapidly become a food stamp nation. That’s an increase of 74 % since 2007, just before the financial crisis and a deep recession led to mass job losses.

At the same time, the cost doubled to reach $68 billion in 2010 — more than a third of the amount the U.S. government received in corporate income tax last year — which means the program has started to attract the attention of some Republican lawmakers looking for ways to cut the nation’s budget deficit. Continue reading USA Becomes Food Stamp Nation