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

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
newengland's picture

I pity the rest of the world. The USA is a big enough country to make everything it needs. The only thing it needs now is for Wall St gangster banksters and federal government to die by their own hands. That is likely.

StychoKiller's picture

Ahh, good ol' MiniPlenty!  Hey, they just increased the chocolate rations to 28 grams!  Praise Big Brother!

tnquake's picture

Wonder how many in this crowd carry an EBT or maybe a black Amex card?


StychoKiller's picture

The winning comment (on that article):

"The cops didn't need to use pepper spay.  All they had to do was threaten to find jobs for the people in line and they would have stopped chimping out immediately."

q99x2's picture

Ok I'm going to go to work finally. Enough people are now participating in the take down the banksters by eating into their profits and it looks like catastrophe is near enough now that I'm ready to go out and make more money than I can get from the NWO. Not that I haven't been working on my own and that includes about 40 miles average jogging per week. Oh I hate money.

cherry picker's picture

Problem is, once on food stamps, when will they ever come off?

It is a vicious circle isn't it?  Earlier on in this blog it was stated that for 315 million Americans only 115 are employed by the private sector and these are the Americans who are shouldering the bill payments aside from the loans and the printing press.

Doesn't look good for freedom or democracy or capitalism.  We know what happened to the USSR, Germany, China before they allowed free markets and competition and so on.

Why our leaders are continuing on this path is mysterious to me, unless they are so foolish to believe they can achieve this thing called elitism, which is really a pedestal made from fragile glass.

Anusocracy's picture

It was Putin who asked why the US was going in the direction that Russia had just come from.

newengland's picture

Putin who puts pop girls into horrible jails, just for singing against him and his?

newengland's picture

It is my sad task to say that  the Trilateral Commission rules the West...for now.

That fragile pedastal will be shattered by their own hands, soon. What is unsustainable will not be sustained. It will end, by their own hateful hands, turning upon each other, as that is their venal nature.

Happy Christmas.


Dr. Engali's picture

Is it really a mystery? I can tell you why they are doing this. It's because for years they have been buying their way into office through offering a little bit more than what the system was previously offering. They offered welfare to the corporations and to those who had little so they wouldn't cause trouble. After 50 years of taking advantage of being the worlds reserve currency status they know we are at the end game , so they will do whatever it takes to slow down the final day of reckoning. Just as those who are in tune are getting their preps in place so are the elites. There is a show down coming , I hope it gets directed at the right people.

Yen Cross's picture

It's late in "fly over country"...   A man with your skills?

AGuy's picture

"It is a vicious circle isn't it? Earlier on in this blog it was stated that for 315 million Americans only 115 are employed by the private sector and these are the Americans who are shouldering the bill payments aside from the loans and the printing press."

I suspect as usual that the BLS data on Private Sector jobs is misleading. I suspect they only count Federal Gov't and state gov't employees, and don't include gov't contrator jobs, such as Military contractors, business that sell good and services only the Federal and state gov'ts. The current estimate is that gov't spending (Federal, State & Local) accounts for at least  1/3 of the economy, and I seen recent articles stating it may be as high as 46%. Its likely that at least 1/3 of the workforce has a job either directly or indirectly working for the gov't. So out of the 144M workers, only about 95M are private sector jobs.

I also wonder if the BLS is double counting workers, since a large number of workers now have more than one job because they can only get part time hours and work  two or more jobs to get enough hours to meet ends. Federal taxes reciepts are still down +20% from 2008. I seriously doubt there are now 144M employed workers, or they are making considerable less money.

If you go to the IRS stats, at the peak in 2007, only 120M filers reported Wages and Income (out of 142M returns). That would include Federal, State & local Gov't workers. Unfortunately the IRS has not updated there data for 2011 yet. I think its fair to say the BLS data is pure fiction.





StychoKiller's picture

bySocialSecurityNumber = 0;

jobCount = 0;

while (notDone == TRUE)


  if (FICA_TaxGenerated( bySocialSecurityNumber ) > 0)


  if (bySocialSecurityNumber >= 999999999)

     notDone = FALSE;




jobCount -= redundantTaxPayers();

// Just WHO needs the BLS again?

Oldwood's picture

If incomes and employment continue to fall the government will be forced to tax wealth. As with income tax the wealthy will of some bracket will be selected to pillage. As they quickly discover its not enough they wll start moving that bracket down. It will be suprising that in the middle of a depression that we would find ourselves with so many rich. The wealth tax will ultimately just be a federal property tax...on everything. Real estate, personal property and investments. What they haven't been able to steal from us through the banks and inflation they will let the taxman take care of. Our ability to provide for ourselves outside of government wiol be gone. Renters and moocher, one and all.

seek's picture

Liquid wealth is already taxed via inflation -- based on gold pricing, the tax is likely between 9 and 17% per year, with just a few asset classes escaping this tax by growing at/faster than the real inflation rates.

At its very core, all of these problems (housing crisis, unemployment, foodstamps, etc) are due to an economic depression, which in turn has been caused by taxation and deficit spending far in excess of what can be supported.

When all the taxes that already exist are combined, we're well to the right on the Laffer curve, and things simply get worse. I don't think they'll successfully enact a true wealth tax, for several reasons. One, by the time this is needed, they likely won't have enough time on the clock to both pass the tax and collected it; two, money goes where it is treated best, and a wealth tax would absolutely kill any investment in the US (indeed, any wealth tax would have to be paired with capital controls -- likely controls enacted well before the tax, as one whiff of such a tax will drive capital outside the US instantly), and three, and most importantly, there is nothing a wealth tax can do that inflation or outright custodial seizure of bank accounts can't do. Wealth tax rates generally have to be pretty low to have any hope of collection -- that bastion of economic sanity known as Argentina has a wealth tax, and that rate is 0.5% to 1.25% per year -- laughably below the inflation rate.

Given our position that the Laffer curve, the core problem is simply there's nowhere near enough money left that's untaxed to support the spending that's been promised/planned. Foodstamps are chump change compared to everything else going on, and as disgusting as the FSA is, I won't begrudge a fairly small program that keeps the legitimately unfotunate from starving; we can cover its costs easily with current revenues.The problem lays with all the other FSA entitlements.

There is no tax level or system on earth, from a totally free market to pure communism, that can deliver on the promises made by the US to its citizens with respect to retirement, medical care, and maintenance of quality of life. The excitement starts when the truth dawns on even the slowest among us that we've been lied to.

SanOvaBeach's picture

Speaking of "whiff's". Back in the good ole 80's, there was talk of taxing savings accounts in congress.  22 armored trucks full of cash to fund the withdraws from the banks came rolling down Hwy. 5 to San Diego.  That talk went away real fast, when that sort of thing started happening all over the country.

spooz's picture

The depresssion was caused by banksters gaming our debt based monetary system, not spending.

And the Laugher Curve is a joke, despite what Glenn Beck tells you. Evenright wing economists have discredited it:

Oldwood's picture

When it comes down to it all economic theories Are a joke, as they attempt to use metrics to predict the future, but there are just too many variables. We can predict most of the big things using the seat of the pants intuition. The problem is specifics of date and magnitude. Many have suggested that we have already collapsed yet most in the world would deny it. Predictive science only works until it doesn't. We each thing we can predict either on history or the belief that we know what the PLAN is. The obvious thing is that the developed world spends more than it produces, and those costs will be realized to the loss of some if not all. The game always has been how to end up on top. Sometimes it pays to be smart but it seems mostly its best to be lucky. Given my luck, I fully expect to be somewhere near the bottom when TSHTF.

spooz's picture

Unfortunately, luck is more about having the right connections these days.  Cronies win, those that play by the rules lose. And I agree about economic theories, and especially their wonkish models.   They, and those who design them, are enablers for the elite agenda. But what do I know, I'm a lowly beancounter who holds no allegiance to any economic theory.  Maybe if I had taken some advanced economics classes I would have stars (or $) in my eyes. 

I have spent some time considering the possibilities of The Chicago Plan, but find it is a taboo subject on both "conservative" and "liberal" blogs.  Both sides are entrenched in their dogma and refuse to think outside the box.  Problem is, when the ponzi implodes, there will be no backup plan because anything that wipes out the banksters must not be spoken of. 

One blogger, connected loosely to MTM blog Mike Norman Economics, dared to discuss it, but he could only use his initials, perhaps because speaking of taboo subjects could destroy a career. It seems the banksters decide which theories are allowed to be discussed.  Shocking, really, that The Chicago Plan, Revisited came from a working paper out of the IMF, albeit with little or no fanfare.

lakecity55's picture

They will, in the not far future, take all 401(k)s.

JamesBond's picture

Lord of the Flies Bitchez



TheObsoleteMan's picture

All is going according to plan, no need to worry comrades.You re-elect a devout communist along with a Senate to match, what do you expect? This has been in the works since Jeckyl Island. And there is still a ways to go, but it shouldn't take too much longer.

SanOvaBeach's picture

How much canned food do you have saved-up in your cave?  How much ammo for your shotgun?  Do you generate electricity in your cave or do you use candles?  What provisions have you made for medical care?  Where is your cave located?  I'm so glad some prople on this blog really have their shit together.

Yen Cross's picture

 Its been fun BITCHEZ/  Let's trade 

q99x2's picture

Wow I just realized that the Federal Government is standing in the way of multi-national corporate profits and that a lot more wealth could be generated by allowing each state to act as its own country. That is big because the technology of today makes it a very easy transition. Since it is both a natural and profitable transition into the future I assume that that is what we will soon see take place. The elimination of the Federal Government.

Colonial Intent's picture

Hmmm.... divide and conquer tactics using secession to play each state off against the could just work.

My mate in china govt says he'll give most favored trading nation status to any state that sends his mother in law some gold slippers.

bobthehorse's picture

I'm poor.

I'm stupid.

And I'm ugly.

I'm also worried about losing my job.

But I don't care anymore.

Strange, huh.

SanOvaBeach's picture

Drink some warm milk and go to bed.  U well be ok.

SanOvaBeach's picture

Everbody is really quick to put down the gov.  I HAVE A SOLUTION.  START ANOTHER WAR!  That well get the economy moving again.  $1000.00 cash to the first person that says on this blog who said this.  "When all else fails, America then does the right thing."  Hope the reward in US dollars is okay!  I can also pay in Euros, Yen, or BitCoins.  I prefer paying in BitCoins since that crypto hash is going up in value more that any fiat I know about.................................

Colonial Intent's picture

"Americans can always be counted on to do the right thing...after they have exhausted all other possibilities."

Mr Churchill.


Keep the cash, if you still reside in america you need all the help you can get.

Dave Thomas's picture

I wanna talk to Yen Cross.


Yen Cross's picture

I'm here Dave. Just waiting for my entry pointe.


 Earth to Dave? is there any intelligent life out there?

hugovanderbubble's picture

Spanish Covered Bonds are Junk


Spain is in default


Italy is in default


Eurozone is a farce


Whole Italian Banks are fraudulent

Vatican City Bank is in like Banco Ambrosiano II

Notarocketscientist's picture

And Israel is a devil state that owns America... watch the Israeli General's Son expose it - forward this to EVERYONE

bobthehorse's picture

Foodstamps are cool.

I've never been on them.

But who knows the future.

Better than starving.


hugovanderbubble's picture





Yen Cross's picture

Don't sell anything/ be patient/  Relax

adamas's picture

Obummer is jealous of Kenyan poverty rates and dreams of delivering America the same living standards as his father

spooz's picture

Almost half of SNAP recipients with children are working families.  Food stamps support elderly, disabled and the working poor as well as unemployed. It works out real well for Walmart, whose employees earn less than a living wage.  Their impoverished employees are eligible for food stamps, which they spend at Walmart!  A double bonus!

"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."

Yen Cross's picture

do not sell anything/

Yen Cross's picture

FX risk is pinging the 200hour bar/    we are almost there.

 LOng  "Komodo Dragons"...

 Now I'm averaging in. the 200 crossover needs to confirm/ This is just a small  Trade/

MFLTucson's picture


wally_12's picture

I was in Wal-Mart early morning Friday in the check out lane.

In front of me was a young couple paying for their order. She used her SNAP card then needed $159.00 to complete order. She counted out $150,00 and didn’t have the balance.

He reached into his wallet and gave the clerk 2 $100.00 bills. The clerk returned the change to the young man, I have worked at a job for 46 years and all I had in my wallet was $10,00.

spooz's picture

Sounds like easy propaganda to me.  Even if it isn't a lie, you know nothing about the couple other than what you assume.

Yen Cross's picture

ORLY?  That 5 point (Gartly Thing a ma jig)

Yen Cross's picture

Still there Dave> NOW is the time to short FX risk. The 200 hourly bar was crossed. GET ER DONE

London options are done/ Short risk! I already made 50 pips/ aud/usd is riding the 200 hour bar /

 Nap time I did my business/ 50 pips

Notarocketscientist's picture

But China's exports are back in growth mode!  

In spite of the fact that the EU, Japan and the US are all fucked.  

Pray tell which countries are driving this miraculous China recovery?