Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months

Tyler Durden's picture

And we thought last month's delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and with August's 421K new impoverished America, over 1 million Americans made the EBT card their new best friend. It is unclear just which atmospheric phenomenon will get the blame for this unprecedented surge in poverty, which comes at a time when the pre-election economic data euphoria was adamant that the US economy was on an escape velocity to utopia. Instead what we do know is that in August and September, over three times as many foodstamp recipients were add to the economy as jobs (324,000). We also know that with the imminent impact of Sandy, which will send foodstamp recipients soaring, it is now looking quite possible that the US may end 2012 with just over a mindboggling 50 million Americans living in absolute poverty and collecting the $134.29 average monthly benefit per person, instead of working. Welcome to the recovery indeed.

Individual Americans on foodstamps:

Foodstamps at the household level rose to a record 24 million:

Aggregating foodstamp, disability and nonfarm payrolls data shows that since the start of the Depression in December 2007, 21.8 million Americans have shifted more or less permanently to the entitlement line, even as the US still has to generate 4.4 million jobs just to break even.

And the same shown on a monthly basis:

Source: SNAP

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smiler03's picture

Plus there will always be those that qualify but don't want to take the benefit or even those who don't know that they qualify.

FreeNewEnergy's picture

According to the last five-seven years of tax returns, I qualify, but never even thought of applying for food stamps.

Of course, I do my own taxes and mastered in Avoidance at TAXFU.

I can eat just about anything I like on $30 a week, which isn't too bad, I figure. Plus, grow my own - vegetables, tobacco and more.

Buying more land. Opening a food stand and small eatery. People gotta eat, so I might as well feed 'em. Hopefully, I'll be rich before I die.

nmewn's picture



GMadScientist's picture

C'mon...if anyone can succeed at secession, it's gotta be Florida!

(must take the old jews with you)

magpie's picture

As long the USA is not an importer, it is EBTopia

mademesmile's picture

I don't thinks it's instead of working. It just encourages $8 hourly wages because a family can just make it on that, as long as the govt. subsidises  housing, food, insurance, childcare and education. People would NOT work for less than they can live off of, which they are obviously doing now. Wal-mart is the master of getting cheap labor by encouraging employees to make the government pay the gap.

flattrader's picture

For middle class idiots who want a Walmart in their community so they can save money in their pockets, just remember that the corporate welfare queen is picking your other pocket through tax increment financing, tax abatements, public assistance paid to employees becuase they won't pay a decent wage etc...

Every time you drive your car to a Walmart, you are on the road in the great race to the bottom.

Stop getting in the car.

Its_the_economy_stupid's picture

wish i could give you 2 up arrows

Yen Cross's picture

Need moar BEER...

mayhem_korner's picture



40 of the 46 mos. Barry has been in the White House, SNAP participation has gone up.  That's some special recovery.

Kiwi Pete's picture

According to Ludwig von Mises there is absolutely nothing Obama could do to prevent this bust:


“The final outcome of the credit expansion is general impoverishment. Some people may have increased their wealth; they did not let their reasoning be obfuscated by the mass hysteria, and took advantage in time of the opportunities offered by the mobility of the individual investor… but the immense majority must foot the bill for the malinvestments and the overconsumption of the boom episode.” 

Kobe Beef's picture

True. But he could have investigated, indicted, and prosecuted the Racketeers who brought the country to this crisis. Instead, he bails them out and protects them. Just as he (and the W before) was selected to do.

He's not a President, not even a real leader. Just a signature and a teleprompter: passing paper and pushing propaganda for the Cartel.

GMadScientist's picture


"After two weeks of contentious and often emotional debate, the federal government's far-reaching and historic plan to bail out the nation's financial system was signed into law by President Bush on Friday afternoon."

yogibear's picture

Yes we can surpass 50 million people on food stamps. More people getting free cell phones, rent, health care and education.

In the mean time Bubble Burnanke and the fed are on a mission to print away debt.

Taffy Lewis's picture

I'm confident that the Food Stamp President will hit 50 million.

Of course, the sheeple will just say that it's not his fault: it's because of the "do-nothing Congress" :-)

AGuy's picture

"I'm confident that the Food Stamp President will hit 50 million."

That's not really saying much. I have no doubt by the end of 2013 it will be between 65 and 85 million.


Mentaliusanything's picture

All jokes aside my Zerohedges... this is a Bubble that keeps 20% of Americans, Slaves to a thing most vile. A thing you fought a Civil War for. Slaves living under the weight of promise versus reward /punishment. Obama is the Plantation owner and hands out just enough so he sleeps at night.

nc551's picture

Don't you mean revolutionary war?  The civil war was not about slavery, it was about control.  Abe is pretty high on the list of terrible presidents.

foodstampbarry's picture

I'll let my name speak for itself here.

NeedtoSecede's picture

Don't you mean its all the fault of some guy named Sandy CliffBush? At least that is what I hear everyday on "the news."

LongSoupLine's picture

Nice fucking job Obama...we are now all collectively in da 'hood. 


Fucking Chicago piece of fucking shit.  Oh, and fuck you too Bernanke...printing fucking dick for brains. 

Yen Cross's picture

it gets better

Detroit Nears Bankruptcy | Via Meadia

 Channel stuffing at it's finest? Fuck off Phil Labow, and your exhaust sucking lips/   Motor(morgue) City... AKAK would eat your ass for lunch!

Anusocracy's picture

The good old hunter-gatherer mindset.

Survival by foraging on what society produces.

Goldilocks's picture

Los Del Rio - La Macarena ( Full Spanish Version with Lyrics (5:15)

Yen Cross's picture

Thanks G/L, I'm just not in the mood to " Spanish/Mexican Line Dance" gracias Amigo ;-)

Yen Cross's picture

Thanks G/L REM kicks butt/  That is a great tune! Long Dogs/

kliguy38's picture

I have a problem with your foul post. Its too short and not foul enuff

LongSoupLine's picture

Thank you for your constructive critique.  I'm always looking for ways to improve my craft.

Yen Cross's picture

Your craft is perfect! don't change a thing!

dolph9's picture

It doesn't seem like a lot of money.

But then you have to realize that, as an American worker, you are supporting an international system that results in ever larger numbers of hungry mouths to feed the world over.

Do keep that in mind, my fellow Galts.  The American welfare state is just the tip of the iceberg.

Diamond Jim's picture

This is all part of the plan to fix need to worry......just need a little wealth re-distribution....

reader2010's picture

How do you get that EBT card again, Komrade?

Jam Akin's picture

I'll ask my neighbor.  His mother comes in from China for part of each year and has never worked a day in the US in her life.  She is apparently getting them every month.  

infinity8's picture

I have been asked at least 10x in the last 2-3 years if I want to "buy" a neighbor's (more often a neighbor's kid) food stamps - usually 50% off (i.e. "gimme fitty" for a $100 food stamp credit card). Fucking disgusting.

newengland's picture

Say what? I know of someone who was convicted and deported back to Israel (Haifa)  for trading food stamps 20 years ago. Now it is the norm? Tsk. Scoundrels in Washington and Wall Street (JP Morgue) have led the people into bad ways.

newengland's picture

Tsk. And Washington related banksters tell honest Americans that they are to blame for the nation's woes. Bull$hit.

chump666's picture

America, so sad.

Well done Obama, you too Bernanke you lunatic and those other clueless maniacs at the Fed.  Republicans you got no balls or brains.

Just the people, rise up, revolution, cities will burn.

1970's redux

DavosSherman's picture

It is sad.  Where you're fucking clueless is this: Both parties suck.  They're one.

Reagan bought in Greenspan, who had NYU hide is fucking theisis which was the basis of the housing bubble.  At the time he met Ronnie, Alan was working for Charles Keating the convicted criminal who ruined 23,000 investors, most losing their life savings costing the tax payers billions.  Alan was working for Keating, bribed for $40,000 to walk around the Hill and tell everyone how great Keating's sound business plan was (Keating brided 5 senators, dipshit McCain was one of them) and to tell them what an honest guy he was.

We all know (well you don't have a fucking clue) but we all know how that worked out.

Ronnie's boss, who tells him in the video on this page

 to speed it up was Merril Lynches CEO who was by this time the Treasury Secratery and then the WH Chief of staff.  When he told Ronnie to make the government expand like no other Democrat or Republican, Ronnie did.

You fucking think the asshole democrats or shithead Republicans run this country?  You fucking clueless moron.  They don't.  The banks do.  Video on this page

of Citi shitcanning JPM Chase as WH Chief of Staff.

The banksters run the place.  The only difference is today Bill fucking Black isn't wearing a badge, that is why no one is in jail today.

chump666's picture

Ah keep your cock outta your own a-hole you dumb but-nut.

Banksters run the world BS whiny a-hole talk.  Look a-hole, money on you have a credit card and you got a bank account, you might even have a mortgage for some shit dump somewhere.  Who knows.  You bought in, now you can't cash out.  You blame Wall Street, fine, me too.  But your real enemy is your own waste of time, go to protests, go lobby, go hang with OWS kids, which I give respect for getting off their A-HOLES.  NOT Internet warriors.

So that's it.



newengland's picture

Stay close to home. Defend the person stood next to you.

Let the banksters and their poitical pets kill each other as they will most certainly do as the money runs out.

GMadScientist's picture

No mortgage, no debt, and only a credit union for plasticity; fighting the bankers the only way possible.

Show me one thing OWS has actually accomplished that can distinguish it from pathetic nostalgia for Woodstock or a goddamn Renn Faire.


DavosSherman's picture

+1 on the no debt, and shunning the banksters.  As far from the fucking banking system which will be a disaster of Biblical proportions.

Diogenes's picture

OWS did what it was meant to do, drain off and neutralize left wing anger at the PTB just like the Tea Party was hijacked and used to drain off and neutralize right wing anger.

WillyGroper's picture

I love all the BO bashing as if this shit just started. Must be the youngun's. 

At least Keating had to give up 4 1/2 yrs. of his life b4 his conviction was overturned. Still yet, at least they prosecuted some of the scoundrels back then. How McShame is still in office is beyond me. But then again, if memory serves me John Glenn was in on it also. 

newengland's picture

No. Don't give the machines an excuse to kill you or your neighbor. Stay close to home and neighbor. Defend the person stood next to you.

To hell with the politicians and their banksters who will most certainly kill each other.