Monday, October 28, 2013

MORE NEEDING FOOD STAMPS MAY BE NEW NORMAL

BOSTON, Oct. 27 (UPI) -- 
Enrollment in the Supplemental Nutrition Assistance Program has more than doubled in the past decade even during times of economic growth, U.S. researchers say.
SNAP enrollment in the last 10 years more than doubled to 47 million but, for the first time, the number of Americans receiving food stamps increased even when the economy was growing.

During the 2003-07 expansion, the SNAP case load, -- in a break with historic trends -- rose 24 percent, the Center for Retirement Research at Boston College reported. CRC economists Matt Rutledge and April Yanyuan Wu said one reason is a change in the longstanding correlation between poverty and the unemployment rate.

Poverty used to fall in tandem with the jobless rate, reducing the need for food stamps but the researchers found poverty did not decline as the economy grew in the mid-2000s -- and in the recovery following the Great Recession, the number of people receiving food stamps kept rising.

Via: Breitbart
Continue Reading....

No comments:

Popular Posts