Foodstamps Surge By Most In One Year To New All Time Record, In Delayed Release

Tyler Durden's picture


While there had been speculation that the BLS may delay the release of its October nonfarm payroll number until after the election, it turned out there was no reason to worry. Perhaps this is because the number, while at stall speed, was not quite as horrible as some had expected (even if the change in average hourly earnings did tumble to new all time lows) and so boosted Obama's reelection chances. There was, however, another closely tracked number which perhaps is far more indicative of the economic "growth" in the past 4 years, which certainly had a delayed release. The number of course is that showing how many Americans are on foodstamps, and usually is released at the end of the month, or the first day or two of the next month. This time the USDA delayed its release nine days past the semi-official deadline, far past the election, and until Friday night to report August foodstamp data. One glance at the number reveals why: at 47.1 million, this was not only a new all time record, but the monthly increase of 420,947 from July was the biggest monthly increase in one year. One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing.

Foodstamps at the household level also rose to a record 22.685 million:

Finally, going back to the start of the official start of the depression in December 2007. In the 57 months from then until August 2012, there have been 4.6 million jobs lost even as Americans on foodstamps and disability have risen by 21.2 million.

And the same shown on a monthly basis:

Delay explained.

Source: USDA and SSA

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Sat, 11/10/2012 - 22:06 | 2969006 Kprime
Kprime's picture

I am one year ahead of you.  Sold my buisness, filed for food stamps and medicad, growing a gardena and raising my own food.  sam gets no taxes from my effort but I am on the obama gravy train doing my part to crash the system.

Sat, 11/10/2012 - 11:57 | 2967619 RSloane
RSloane's picture

Vilsack, the Sec of Agri, said:  "I should point out, when you talk about the SNAP program or the foot stamp program, you have to recognize that it's also an economic stimulus. Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It's the most direct stimulus you can get in the economy during these tough times."

We're rich! Rich I tell you --- or rather, Vilsack does.

Sat, 11/10/2012 - 12:00 | 2967625 Pool Shark
Pool Shark's picture



And if those grocery customers get mad at the higher prices and start breaking windows - we'll all be BILLIONAIRES!


Sat, 11/10/2012 - 12:02 | 2967628 RSloane
RSloane's picture

Broken windows and food stamps... Our GDP will skyrocket~!

Sat, 11/10/2012 - 12:09 | 2967640 a growing concern
a growing concern's picture

Krugman just came at the thought.

Sat, 11/10/2012 - 12:04 | 2967632 vast-dom
vast-dom's picture

yo now i'm convinced i gotta get me one of them EBT cards. it my duty as citizen to stimulateate da economee!

Sat, 11/10/2012 - 12:06 | 2967637 Pool Shark
Pool Shark's picture



Sure. To get one; just call your local DHS office on your Obamaphone...


Sat, 11/10/2012 - 12:14 | 2967646 nmewn
nmewn's picture

Everbudy roun here got ObowmaPhone!!!

Sat, 11/10/2012 - 12:56 | 2967662 vast-dom
vast-dom's picture

ObamaEBTfood + ObamaPhone = Hope and Change!

That's Hope and Change you can feed off of!

Sat, 11/10/2012 - 16:01 | 2968250 imbrbing
imbrbing's picture

Because ObamaCare(s)!

Sat, 11/10/2012 - 18:20 | 2968589 willwork4food
willwork4food's picture

Free Freedom Beer!

Sat, 11/10/2012 - 21:19 | 2968924 knukles
knukles's picture

ObamaDon'tCare tm

Sat, 11/10/2012 - 12:50 | 2967720 JPM Hater001
JPM Hater001's picture

I predict a bush era stimulus check setting the whole mad world in a tailspin as $10K checks are issued to the people expecting them to pay off debt in lieu of a full Jubilee...they buy guns instead.

Full Debt Jubilee Just Ahead

Followed by civil war.

Sat, 11/10/2012 - 18:11 | 2968566 flaunt
flaunt's picture

Buy SWHC and RGR.

Sat, 11/10/2012 - 15:36 | 2968172 zerozulu
zerozulu's picture

Put rest of the nation on this stimulus.

Sat, 11/10/2012 - 16:50 | 2968375 hooligan2009
hooligan2009's picture

sick sick sick...someone tell vilsack that the recipient gets only 20cents worth for every dollar allocated by the government because 80 cents is spent on packaging.

Sat, 11/10/2012 - 18:09 | 2968559 flaunt
flaunt's picture

God damn idiots.  It's more of a zero-sum game than anything.  The person who can buy more because of government assistance helps drive up prices and keeps another person from being able to buy as much.  I'd wager you move less product under that scenario rather than more.  Central planners are the problem.

Sat, 11/10/2012 - 11:57 | 2967620 dwdollar
dwdollar's picture

It's all about food. As long as your belly is full your genetics tell you not to rebel.

Sat, 11/10/2012 - 12:27 | 2967673 Rainman
Sat, 11/10/2012 - 12:51 | 2967723 PlausibleDenial
PlausibleDenial's picture

I was a the post office yesterday buying stamps using the automatic stamp dispenser.  When paying I noticed that there was a selection for EBT cards.  So, EBT cards are good for buying stamps.  Can you eat stamps???  Talk about a ponzi....

Sat, 11/10/2012 - 13:41 | 2967831's picture

Fiscally challenged philatelists need a hand up too.

Sat, 11/10/2012 - 17:36 | 2968481 Cathartes Aura
Cathartes Aura's picture

I may be wrong, but "EBT" cards can include unemployment or SS?  and the JPMSnap cards are for food purchases only?

of course, facts aren't really necessary when you're having a rousing good two-minute hate!

as you all were.

Sat, 11/10/2012 - 17:56 | 2968532's picture


when you're having a rousing good two-minute hate!

as you all were.


And now that you're here we can keep right at it. 

Sat, 11/10/2012 - 18:43 | 2968642 Cathartes Aura
Cathartes Aura's picture

I know!!

get your bros together dude, have at it!!

yer welcome.

Sat, 11/10/2012 - 11:59 | 2967624 Conman
Conman's picture

Thanks Bernanke! You made this possible.

Sat, 11/10/2012 - 12:03 | 2967633 malikai
malikai's picture

He didn't do that.

Somebody else helped make that possible.

Sat, 11/10/2012 - 12:07 | 2967638 Pool Shark
Pool Shark's picture



You mean he didn't spend that?

Sat, 11/10/2012 - 12:11 | 2967642 a growing concern
a growing concern's picture

He didn't conjur up those 1s and 0s out of thin air to purchase US Treasuries to keep the massively listing USS Titanic afloat for just a few moments more.  Someone else did that.

Sat, 11/10/2012 - 12:14 | 2967647 malikai
malikai's picture

There is more than one pirate on this ship.

Sat, 11/10/2012 - 12:20 | 2967659 Enslavethechild...
EnslavethechildrenforBen's picture

Honestly, do you really think that there is even one foreign country that does not print hundred dollar bills?

Sat, 11/10/2012 - 13:50 | 2967862's picture




You people can watch while I'm scrubbing these floors
And I'm scrubbin' the floors while you're gawking
Maybe once ya tip me and it makes ya feel swell
In this crummy Southern town, in this crummy old hotel
But you'll never guess to who you're talkin'.
No. You couldn't ever guess to who you're talkin'.
Then one night there's a scream in the night
And you'll wonder who could that have been
And you see me kinda grinnin' while I'm scrubbin'
And you say, "What's she got to grin?"
I'll tell you.

There's a ship, the black freighter
with a skull on its masthead
will be coming in.

By noontime the dock is a-swarmin' with men
comin' out from the ghostly freighter
They move in the shadows where no one can see
And they're chainin' up people and they're bringin' em to me
askin' me, "Kill them NOW, or LATER?"
Askin' ME! "Kill them now, or later?"
Noon by the clock
and so still by the dock
You can hear a foghorn miles away
And in that quiet of death
I'll say, "Right now.
Right now!"
Then they'll pile up the bodies
And I'll say,
"That'll learn ya!"


And the ship, the black freighter
disappears out to sea
And on it is me.


English version:


Auf Deutsche.

Sat, 11/10/2012 - 12:01 | 2967626 flacorps
flacorps's picture

For the middle class the coupon deals have gotten ridiculous and I know it's a twofer because the newspaper industry is being propped up by couponers who get a dozen Sunday papers ... Make that a fourfer for the paper and forestry industries...

Sat, 11/10/2012 - 12:28 | 2967674 New_Meat
New_Meat's picture

Yep, Gatehouse Media, Inc. is splattering Eastern Mass with freebie Sunday editions of e.g. Patriot Ledger, Brocton Enterprise, et al.  I wonder if they are doing that in other areas.

'cuz gotta' keep up the circulation numbers, otherwise the ad revenue goes South and poof!

- Ned

Sat, 11/10/2012 - 12:03 | 2967630 QE49er
QE49er's picture

The Climatic Symphony of Destruction of the west.

Sat, 11/10/2012 - 12:13 | 2967644 ghostzapper
ghostzapper's picture

I still am amazed the majority of people keep paying their mortgage.  Especially now with QEinfinity aimed at MBS.  Shalom is telling the world he will buy the toxic MBS from the boys so why would someone pay their mortgage if Ben's got your back.

Sun, 11/11/2012 - 01:18 | 2969243 aphlaque_duck
aphlaque_duck's picture

My wife quit paying the note on her upside-down condo and we've collected $20K in rental income so far that was otherwise met with $20K of mortgage. And bernank keeps printing money so we were able to up the rent significantly the last time it turned over.

Sat, 11/10/2012 - 12:15 | 2967649 max2205
max2205's picture

Yawn, call me when it hits 100 million.

My Obama phone # is 1-800- who gives a shit

Sat, 11/10/2012 - 12:18 | 2967653 Essential Nexus
Essential Nexus's picture

I see strong technical resistance at about 300 million.

Sat, 11/10/2012 - 12:27 | 2967672 dwdollar
dwdollar's picture

Not necessarily. Fraud could push us well past that number.

Sat, 11/10/2012 - 13:27 | 2967783 lolmao500
lolmao500's picture

After vote early and vote often... eat early and eat often. Imagine all the economic activity in restaurants, food producers and of course health care industry when all these fat slobs have heart attacks or diabetes?? GENIUS!

Sat, 11/10/2012 - 18:26 | 2968598 flaunt
flaunt's picture

After that they can start signing up foreigners.

Sat, 11/10/2012 - 13:36 | 2967807 JustObserving
JustObserving's picture

Gerard Depardieu can take himself and his piss to Belgium:

"Legendary French actor Gérard Depardieu caused quite a scene on an airplane Tuesday night by urinating in the cabin in front of his fellow passengers after the crew told him he had to wait to use the toilet, according to multiple reports. ",,20519658,00.html

Sat, 11/10/2012 - 12:20 | 2967658 IridiumRebel
IridiumRebel's picture

Fuck it. I'm signing up for them being as everyone else in the fucking country has them. Let's ride this donkey until it breaks a leg.

Sat, 11/10/2012 - 12:21 | 2967660 New_Meat
New_Meat's picture

"One can see why a reported surge in foodstamps ahead of the elections is something the USDA, and the administration may not have been too keen on disclosing."

Boeing et al. suppressing their layoff announcements, SeeBS suppressing both the admission that it wasn't a stupid internet video, before it was, now it isn't (but don't tell the Pakz, might make Hillary look bad), Petraeus scandal held in the pocket until after (but I'm with Ralph Peters on this timing), and we don't know what else is lurking out there.

I wonder when GW will examine the number of registered voters in various precincts vs. the number of votes cast? oh, nvm

- Ned

Sat, 11/10/2012 - 13:06 | 2967746 nmewn
nmewn's picture

More than just Boeing my friend...a partial list...

Energizer -

The St. Louis-based company said Thursday that it expects to shed about 1,500 employees. When finished, the restructuring should lead to $200 million in pretax yearly savings, Energizer said. It aims to have most of its restructuring steps finished by the end of September 2014.

Westinghouse -

Westinghouse Anniston, the contractor responsible for shutting down Anniston’s chemical weapons incinerator, has reduced its workforce by another 50 employees.

Research in Motion Limited -

Research in Motion Ltd., the maker of BlackBerry smartphones, laid off about 200 people at its U.S. headquarters in Irving on Wednesday, according to a source close to the company who did not want to be named.

Lightyear Network Solutions -

More than one dozen employees at a Pikeville company lost their jobs this week. Officials with Lightyear Network Solutions said they are consolidating offices in Louisville and Pikeville to save money.

Providence Journal -

The Providence Journal Co. laid off 23 full-time workers Wednesday as part of a cost-cutting effort, including 16 members of the Providence Newspaper Guild and 7 non-union employees.

Hawker Beechcraft -

The company says 240 employees will lose their jobs with the closing of Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio, Texas.

Sat, 11/10/2012 - 17:13 | 2968421 New_Meat
New_Meat's picture

how do you spell suenam, no, sunami, no,

dang, Tidal Wave!  (that's the trick)

- Ned

Sat, 11/10/2012 - 12:25 | 2967666 Monetative Easing
Monetative Easing's picture

One area of growth for the west over the past few years has been the increasing number of citizens who require some form of governmental support.  Sadly, like other trends that preceded and directly influnced this one (easy credit, suburban sprawl etc), this isn't sustainable either.  

Sat, 11/10/2012 - 12:25 | 2967667 hooligan2009
hooligan2009's picture

why has the amount per household dropped from 295 to 277 (drop of 18 bucks)?

anyway, 47.1 million people (22,385 million households) on foodstamps at c. $133 per person (277 per household) per month each = the odd $75 billion a year or $1.5 billion a week.

that is the modern soup kitchen. how well could the government feed these people if it prepared food instead of vouchers to prevent abuse? i am guessing around 20% of the welfare is spent on non-food (displacing other bills) and another 20% is spent on junk food making people obese and unhealthy (thank you mickey d's).

the other number..i am trying to get my head round how food stamp usage of up 21.2 million correlates with NFP of 4.6 million. does this mean that 16.5 million people have had pay cuts taking them into poverty?

i am trying to get the number of hours worked in total and the total earnings (excluding bonuses from FIRE) for the economy over the same period. with the BLS now via doug short and the st louis fed. i have a feeling that number of hours worked is down 5% in five years and earnings are down another 3-5%. that would explain some of the disparity in the NFP and SNAP trends.

Sat, 11/10/2012 - 17:48 | 2968515 Cathartes Aura
Cathartes Aura's picture

good to see someone actually trying to understand the numbers.

know this: the electronic pixels that slide through the machines via plastic, all of them are propping up the corporations who are credited with them.

those who benefit from each swipe include the bankers, the corporate fud-stores, the gas stations, and anyone else who provides a service for their imaginary pixelated e-con-o'-me.

oh, and those who need an excuse to hate others via team spirit post-voting embeds. . .

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