Wednesday, June 1, 2011

As of 2009, 15 percent of Americans are Poor and on Food Stamps

The report is clear that America is broke. It is to the point that the poor are unable to afford to bury their dead. If Congress is debating on the escalating cost of food stamp, there is another issue that needs to be addressed. The escalating cost of food stamps is indicative that U.S. poverty rate is increasing. In the latest report, one in seven Americans live under the poverty rate. Under Obama, since 2009, a remarkable 15% of Americans are living in poverty. Also, while poverty in America is climbing, 44 million Americans (15%) rely on food stamps.

Because the economy has not changed since 2009, the figures reported will likely increase. This disturbing trend will only get worst. We do not know the true figures for 2011. Since the 2009 census data had been released, 45 million Americans (15%) were poor last year. In 2008, 13% of Americans lived in poverty. Under Obama, the economy is pathetic, poverty escalating, and more people are being more dependent on the government. I guess Obama isn't stupid after all.

(ABC News) Congress is under pressure to cut the rapidly rising costs of the federal government’s food stamps program at a time when a record number of Americans are relying on it.

The House Appropriations Committee today will review the fiscal year 2012 appropriations bill for the Department of Agriculture that includes $71 billion for the agency’s “Supplemental Nutrition Assistance Program.” That’s $2 billion less than what President Obama requested but a 9 percent increase from 2011, which, critics say, is too large given the sizeable budget deficit.

A record number of Americans -- about 14 percent -- now rely on the federal government’s food stamps program and its rapid expansion in recent years has become a politically explosive topic.

More than 44.5 million Americans received SNAP benefits in March, an 11 percent increase from one year ago and nearly 61 percent higher than the same time four years ago.

Nearly 21 million households are reliant on food stamps.