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.

Transcript of 10 Facts About Food Stamps in America

FOOD STAMPS10 Facts about

in America

Here’s a depressing fact for you…

Americans are on food stamps46.8 million

That equates to 15% of theU.S. POPULATION

To make things worse…

set a record for the number of people receiving benefits.2013

47.6 Millio

n

Here’s the average annual number of food stamp recipients since 1970…

4.3 Millio

n

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.

Dec. 2012 Nov. 2013 Dec. 2013

47,792,05647,035,644 46,782,047

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...

Dec. 2012 Dec. 2013

$133.70

$124.39

Average monthly benefit per person...

-7%

And, just for good measure...

$10.55

$124.39

Here’s the NOMINAL average monthly benefit per person since 1970 (+1,079%)…

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

DOWN

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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