America Celebrates Positive NFP Surprise And Wealth Effect With Another Foodstamp Record

Tyler Durden's picture

As some Americans managed to find part-time and temporary jobs in March, some other Americans dropped below the poverty level threshold. 105 thousand in one month to be precise. The total foodstamp participation in January hit an all time record 44,187,831 according to the USDA. But fear not, here's the bullish spin... sorry, there is no way to spin this.

And while there is no positive spin, here is the negative: the average monthly benefit on a per person and per household basis, has been declining for two years straight and is now at the lowest it has been since April 2009.

In summary: more Americans than ever are living on government subsistence, but at least the amount these people are receiving is the lowest since 2009, or $132.81 per month. Unfortunately, America's attempt to recreate communism may not be working out all that well.

And now back to your regularly scheduled episode of BTFD.

h/t John Lohman

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snowball777's picture

Wait a minute...they fall off the rolls, but they get to keep eating?!

What is this country coming to?

AR15AU's picture

My girlfriend pointed out how the latest rage at all the pizza places is to sell you an unbaked pizza!! ie, capture the foodstamp sales.  And y'all said there was no TARP for main street. 

MachoMan's picture

16" cheese pizza @ sam's made fresh is $6.50

DonnieD's picture

Those pizzas aren't bad but fruits and vegetables at Sams can be horrid. Somehow green bananas purchased their have brown spots on them the next day. They seem to skip the "ripe" stage somehow.

MachoMan's picture

Absolutely, notice the same exact thing.  Their meats are pretty solid though and generally at or slightly below the going rate...  the $5 cooked chickens are solid...  and the bags of trimmed chicken $11.50/6lbs. are pretty good...  The $5 kiwi box is also pretty solid (if you're looking for potassium) and lasts longer than the bananas...  I generally stay away from their fruits...  but they do have cheap salad in bulk that is vastly better than its walmart counterpart...

prole's picture

uh.... isn't that a 'store' where you have to pay them to let you in?  Is it like Amsterdam or something going on I don't know about? Otherwise I damn sure ain't paying to get in some stupid store.

MachoMan's picture

yearly membership...  I think it's ~$30...  just depends on how much you buy whether it's worth it.  They are also routinely $.03-.05/gallon cheaper on gas...  doesn't take long to pay for itself...

prole's picture

Well I respect anyone's individual choice in a free market (even if a free market exists only in theory) But I can't help my personal opinion that it is silly to pay a store to let you in when hundreds of stores are marketing you hoping you come in every day for free.

MachoMan's picture

It's pretty easy to calculate whether there will be net savings given your general spending habits...

zerozulu's picture

My wife do the shopping and I enjoy the fattest asses in town.

texpat's picture

Geez, no one can make pizza at home any more?

$6.50 sounds pretty steep for a pizza.

VisualCSharp's picture

Wow, it's so interesting you mention this. I went out to a Baskin Robbins the other day and noticed that, next door, there was an "unbaked pizza" joint! My wife and I were like, "WTF?" Now it makes complete sense!

AR15AU's picture

Yes, ma and pa PDs (pizza dealers) getting their share of the POMO (pepperoni / olive / mushroom / onion) cash.  

All this talk of OTC food stamp trading desks is making me hungry.

werealldoomed's picture

Seriously made me laugh hard with that one..

Maniac Researcher's picture

It's cute how pervasive poverty and unemployment are a big joke to ZHers.

I suppose since the apocalypse is [always] tomorrow, all of you can sleep soundly knowing you did nothing about it but snarkily trade bigoted jokes, bad investment advice and poorly conceived conspiracy theories.

Maniac Researcher's picture

I think I'll do my part without the bullshit religious dogma/profiteering. Stycho -- you look foolish promoting a company that even Oxfam [who has their own house to clean] has strongly criticized.

Glad you are entertained, prole. I hope you were joking when you mentioned paying for 'content' here on ZH. If not, the joke's on you.

prole's picture

Oh come on. Who junked the researcher? That was funny as hell. I mean as long as we are paying for these posts at least we should be entertained. Put in for a raise researcher.

Porkbellytrader's picture

The take and bake pizza is the only decent pizza in Minnesota, and they have beena round and taken food stamp cards long before TSHTF.

NotApplicable's picture

There is also the commuter aspect. By the time I can get home with a pizza, it will have cooled off quite a bit. Instead, our local pizzeria has unbaked pies in the grocery stores, so I can have the best local pizza, piping hot at home.

markmotive's picture

Many of us live our lives as worker bees so we get treated as disposible citizens - perhaps (as much as I hate to say it) as individuals we are. 

Unfortunately, we worker bees make up the middle class, and as a whole are essential to the functioning of the economic hive. Kill enough worker bees and the queen dies too.

snowball777's picture

Have you considered that it's merely a way to sell the part of the pizza with the best margins while not spending money on inflating energy costs to do the baking? You can also hustle a lot more of the unbaked ones in an hour since you don't have to wait until they're done, pay a delivery guy, etc.



snowball777's picture

So far 6 people have declared themselves incapable of parsing sarcasm.

Far be it from me to point out that decreasing UE and increasing EBT means someone is "half-baking" their stats.

dexter_morgan's picture

And unemployment is down - go figger.............

Dr. Richard Head's picture

Unemplomynet is down ONLY if you believe in the birth/death adjustment.  Many have put this number in context and see that nearly half of the "created" jobs were just that, created piece of fiction.

dexter_morgan's picture

true Mr. Head, er Dick, , should have added <sarc> after my post

Dr. Richard Head's picture

I wasn't sure one way or the other about whether sarcasm was intended or not.  I figured I would toss that in there so as to help all of the newbies I have been directing here through LinkedIn. 

I remember what I was like before ZH and I needed me hand held like Bush did for the Saudies and Obama continues to do.

By the way, you can call me Dick Head. Everyone else does, including my two year old.

Fuck the BLS!  Fuck the Fed!  Can't wait till this system is dead.

patience...'s picture

To Dick Head.

When you got old enough to care, did you tell dad thanks.

Dr. Richard Head's picture

HAHA.  My parents named me something else, but everyone kept calling me a dick head. 

SilverBaron's picture

I knew a guy who was Richard Jr.  He said they started trying to call him Little Dick. 

krispkritter's picture

I'm glad my parents didn't name me Richard.  My last name is Kless(no shit)...I probably would have come home from school at age 12, grabbed my shotgun and the old man and said 'Dad, we need to have a talk about my name..."

Rainman's picture that Polish ??

krispkritter's picture

Kless is German. But I'm half Polish so that must be the 'noshit' part...

Henry Hub's picture

I'm really pissed off about it. Dick was a perfectly good normal nick-name for Richard until about the sixties. Then some dickhead decided that dick would mean penis. Very traumatic. How would you feel if that happened to your name. Anyway, I changed it to Henry. Try messing with Henry and I'm coming with both barrels blazing.

slow_roast's picture

USSRessurection bitchez

hambone's picture

Best form of stimulus out there...starving people need spend all of it right away on first day of the month at Wallmart.

Posititive spin - duhhh.

Racer's picture

Ah I have just worked out why the markets always go up on the first of the month... it is the surge in food stamp use....

Waterfallsparkles's picture

Plus, they always go up on Mondays and Option Expiration day.

I read on the Yahoo Message Boards that expriations are now weekly.  Anyone know about that?

VisualCSharp's picture

Looks to me like they're daily, so-to-speak. :)

Waterfallsparkles's picture

Does seem lately that the price of stocks are pegged to some option price.  Usually around an even price.  Almost appears like the whole day and a stocks price is to sell options all day.  More trading on options than the real market.

ShankyS's picture

Ya think these folks got it bad now, wait till that "serious" inflation hits Wal-Mart. Add to the already downsized yet more expensive products another 10 to 20%. Nice. They not only thin your wallet but your wasteline as well!

AldoHux_IV's picture

"Yes we can! Yes we can!"

What a sad reality-- welcome to crony capitalism at it's finest.  Let's give Obama another Nobel prize.

Antipodeus's picture

In 'econnomics' this time?  It worked out so well, the last time.


Larry Darrell's picture

Everyone gearing up for Summer of Recovery round 2, and all that awaits is nuclear winter.

whatz that smell's picture

hookers, cocaine, and food stamps, oh my!

praise be the bernank! may the good numbers be gooder forever!

DutchTreat's picture

US future:

(notice the bankers who eat their POMO)

D.M.'s picture

Will the Apple store accept my stamps?

alien-IQ's picture

of course they will because, as we all know, I-Pads are edible....and oh so nutritious!

Guarded Pessimist's picture

I understand Micky D's accepts food stamps, and I hear cc companies make money on the food stamp debit cards. WTF?

It's good business, food stamps. We just gotta get more of the country using them, but how?