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Households On Foodstamps Rise To New Record

Tyler Durden's picture




 

While hardly presented by the mainstream media with the same panache dedicated to the monthly ARIMA-X-12 seasonally-adjusted, climate-affected, goal-seek devised non-farm payroll data, the three month delayed Foodstamp number is according to many a far greater attestation to the "effectiveness" of the Obama administration to turn the economy around. And far greater it is: since his inauguration, the US has generated just 841,000 jobs through November 2012, a number is more than dwarfed by the 17.3 million new foodstamps and disability recipients added to the rolls in the past 4 years. And since the start of the depression in December 2007, America has seen those on foodstamps and disability increase by 21.8 million, while losing 3.6 million jobs. End result: total number of foodstamp recipients as of November: 47.7 million, an increase of 141,000 from the prior month, and reversing the brief downturn in October, while total US households on foodstamps just hit an all time record of 23,017,768, an increase of 73,952 from the prior month. The cost to the government to keep these 23 million households content and not rising up? $281.21 per month per household.

Total Americans on foodstamps:

Total households on foodstamps and average benefit per household:

Monthly change in Foodstamp and Disability recipients vs jobs since December 2007:

Cumulative change in jobs vs Foodstamps and Disability Recipients:

Source: SNAP

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Mon, 02/11/2013 - 09:09 | 3232694 GetZeeGold
GetZeeGold's picture

 

 

Damn straight it's a new record.

 

Don Pardo....tell them what they've won.

Mon, 02/11/2013 - 09:15 | 3232720 krispkritter
krispkritter's picture

Welcome to the United State of Welfare.  Here's your phone, couch, LCD TV, and EBT...

Mon, 02/11/2013 - 09:24 | 3232733 krispkritter
krispkritter's picture

+1 and right on cue the 'Assurance Wireless Government Assisted Phone' ads hit the banner line...gotta love it.

http://postimage.org/image/q2t04p46f/

Mon, 02/11/2013 - 09:25 | 3232743 GetZeeGold
GetZeeGold's picture

 

 

The EBTs have helped the PR department out greatly....cause the pictures of bread lines are just too damn depressing.

http://www.moonbattery.com/bread-line.jpg

Mon, 02/11/2013 - 09:43 | 3232785 Watauga
Watauga's picture

And 70% of "young" voters voted for Obama and the Democrats in 2008, and 60% in 2012.  Don't go all moron on me and started crying about GWBush.  Sure, he and the Republicans are almost as stupid and almost as corrupt and almost as evil, but there is no way they could be this bad. 

The only solution is to oust them all, one way or another.  The Great Reset.  It has to start somewhere.

Mon, 02/11/2013 - 09:56 | 3232828 MillionDollarBonus_
MillionDollarBonus_'s picture

What this (predictably biased) article fails to mention is that home equity is starting to surge once again to 2007 levels, raising the net worth of many Americans to the high triple digits and some even seven digits. There are many gree shoots out there that ZHers refuse to acknowledge. But the housing recovery alone should give American homeowners the confidence to spend freely and generously without worrying about retirement. This is exclusively the work of our Federal Reserve officials, and in my opinion we cannot thank them enough for their contribution to humanity.

Mon, 02/11/2013 - 10:00 | 3232842 krispkritter
krispkritter's picture

Krugman, put down the keyboard and take your meds.

You: Realistically, we’re not going to resolve our long-run fiscal issues any time soon, which is O.K. — not ideal, but nothing terrible will happen if we don’t fix everything this year. Meanwhile, we face the imminent threat of severe economic damage from short-term spending cuts.

So we should avoid that damage by kicking the can down the road. It’s the responsible thing to do.

Mon, 02/11/2013 - 11:09 | 3233189 tango
tango's picture

It also forgot to mention that personal debt is rising astronomically.  The only thing a rise in value of one's home gives is the ability to take out a second mortgage. There is NO path to consumer growth with food inflation, gas inflation, the hike in SS, poor wage performance EXCEPT through debt and government checks (the same thing).  I still think you are being sarcastic - nobody can be that damn dumb and get through the day.  

Mon, 02/11/2013 - 15:47 | 3234333 eddymunster
eddymunster's picture

I agree that MDB is being sarcastic but hard to decypher at times which makes it look trollish.

Mon, 02/11/2013 - 10:21 | 3232931 I am more equal...
I am more equal than others's picture

When hyper inflation kicks in there will 25,000,000 pissed off people ready to rumble for food.  Pay-outs will not be able to keep up with inflation.  Its going to be a grand old time. 

Mon, 02/11/2013 - 10:27 | 3232969 Taffy Lewis
Taffy Lewis's picture

Build that legacy, dingleBarry!

At this rate, you will cruise to 50 million before your term is up.

Mon, 02/11/2013 - 10:33 | 3233004 SamAdams
SamAdams's picture

BUSH=OBAMA=ROMNEY, party affiliation matters not to the bankers so long as you can follow orders with a straight face (challenging to Bush Jr).  Compartmentalizing hides the truth, you have to take in the big picture to see what is really going on.  Same for religion, man made compartmentalizing of a people into prejudice as a means to war.  Oldest tricks in the book:  money creation, religion and war....

The great reset is not what you think it will be.  America is being cut down to a more managable size.  National factions compete, but at the top, how many money creators are there? 

It's not brainwashing per se, it is controlling what the mind knows. 

Mon, 02/11/2013 - 09:55 | 3232816 MillionDollarBonus_
MillionDollarBonus_'s picture

.

Mon, 02/11/2013 - 09:18 | 3232730 bank guy in Brussels
bank guy in Brussels's picture

Soon they can party with the 'SNAP 50 Million!' celebration caps on

D-EBT cards for all ... no one left behind ... your signed waiver of all human and US Constitutional rights all that is needed

Funny how current it is, the 1982 great rock tune by the Clash, 'Know Your Rights'

« Know your rights
All three of 'em

You have the right to food money
Providing of course
You don't mind
A little investigation
Humiliation

You have the right not to be killed ...
Unless it was done
By a policeman
Or an aristocrat

You have the right to free speech
As long as you're not dumb enough to actually try it

Know your rights
These are your rights ... »

Great live performance of 'Know Your Rights' here:

http://www.youtube.com/watch?v=e_dV1P5hZTI

Mon, 02/11/2013 - 10:23 | 3232949 Dingleberry
Dingleberry's picture

Me thinks we are giving too much $$ to each food stamp recipient.  All the ones that I see are fat as fuck.

Mon, 02/11/2013 - 12:42 | 3233643 mumcard
mumcard's picture

Healthy fresh food is expensive.  Processed, gmo, empty calorie junk is cheap.  Do the math.

Mon, 02/11/2013 - 12:44 | 3233650 escargot
escargot's picture

How many Americans do you see that AREN'T fat as fuck?

Mon, 02/11/2013 - 13:57 | 3233903 chubbyjjfong
chubbyjjfong's picture

How many Americans do you see that AREN'T fat as fuck?

The few that are remaining that have to work their asses off to foot the bill for those fat fucks that are on foodstamps.

Mon, 02/11/2013 - 14:04 | 3233936 mumcard
mumcard's picture

So are the members of the CFR, the Fed, Wall Street...are they working their asses off to foot the bill?

Mon, 02/11/2013 - 17:38 | 3234684 chubbyjjfong
chubbyjjfong's picture

Your reply can't honestly be serious.   No.. I am obviously referring to Americas middle class, whom have had their manufacturing jobs steadily shipped off-shore in addition to their wages being subjected to ever increasing taxes. The working class demographic is comtinually expected to pay for everything in exchange for the total annihilation of their future wealth creation and that of their children.

Yes.. there are families who legitimately rely on foodstamps so that their children can go to school with breakfast in their stomach, however there is an increasing amount of lazy individuals who see it as a free lunch. What is the incentive to work when you can can get paid to have kids and sit on the couch and watch Oprah and stuff your mouths with pizza and coke. 

The money the Fed prints only ends up in the pockets of the Elite via higher valuations of their shitty stock on what used to be known as the stock market.  It would be incredibly niave to think that any money made it to the sheeple.

Mon, 02/11/2013 - 13:55 | 3233895 Panafrican Funk...
Panafrican Funktron Robot's picture

Yep, though giving them less would probably still result in obesity (possibly even worse than it already is) due to how we subsidize and regulate agriculture.  We are a fat fuck country because we're short-run incentivized to eat shit that barely qualifies as food. 

Mon, 02/11/2013 - 11:01 | 3233158 DaveyJones
DaveyJones's picture

Don Pardo for us

Don Pardon for them

Mon, 02/11/2013 - 09:11 | 3232703 Desert Irish
Desert Irish's picture

"Let them eat cake...."

Mon, 02/11/2013 - 09:12 | 3232710 smlbizman
smlbizman's picture

im looking for you karnack.........a steaming pile of dog shit, ben bernanke and larry meyers....

Mon, 02/11/2013 - 09:25 | 3232738 max2205
max2205's picture

$300 a month is a small price to pay so your mother and sister dont get raped every 20 minutes and your brother and father don't get murdered.....right?

 

Until $300 isn't  enough anymore

Mon, 02/11/2013 - 11:27 | 3233264 tango
tango's picture

A big problem is welfare unenforcement. Mom get workers comp, dad gets disability.  This does not count as income so they can get foodstamps.  If they claim two kids (no one ever checks) they get $500/mth in food stamps. But, as happen so often, son Jimmy gets state aid and foot stamps since he really lives away from home.  Daughter Sue also lives awa and just had another kid from a one night stand and she gets all sorts of aid.   Thirty years ago, all would have been employed or living off savings. In our Brave New World we detail the plans of our collapse.  

Mon, 02/11/2013 - 09:23 | 3232729 Sudden Debt
Sudden Debt's picture

that's so 1792...

the 2013 version: LET THEM EAT TWINKIES!!!!

DOUBLE TWINKIE PORTIONS WHEN YOU GET YOUR RFID CHIP IMPLANTED TODAY!!!

Mon, 02/11/2013 - 09:12 | 3232705 youngman
youngman's picture

It will never be reported....this is the plan...its called vote buying....once you are hooked on the free government drug..you want more and more..in fact you think you deserve more and more...

Mon, 02/11/2013 - 09:12 | 3232706 Seasmoke
Seasmoke's picture

Glad to see Tyler used the correct word DEPRESSION

Mon, 02/11/2013 - 09:12 | 3232709 BlackMagician
BlackMagician's picture

Who needs a job when there's all this free stuff...can't wait till the immigrants from down south get their "path" to citizenship approved.

Mon, 02/11/2013 - 09:12 | 3232712 fiftybagger
fiftybagger's picture

Bread getting lighter, circuses getting stranger.

Silver For The People

http://www.brotherjohnf.com/

Mon, 02/11/2013 - 09:15 | 3232719 Red Raspberry
Red Raspberry's picture

Do not feed the bears!!

Mon, 02/11/2013 - 10:10 | 3232889 EvlTheCat
EvlTheCat's picture

Unless you can extend them voting rights.

Mon, 02/11/2013 - 09:15 | 3232721 DavidC
DavidC's picture

"Households On Foodstamps Rise To New Record".

The numbers are UP, that must be good!

DavidC

Mon, 02/11/2013 - 09:17 | 3232726 Sudden Debt
Sudden Debt's picture

BEATING CONCENSUS SINCE 2007!!!

Mon, 02/11/2013 - 09:18 | 3232731 Vincent Vega
Vincent Vega's picture

Holy Fuck! If my math is correct that is $6.4B per month.

Mon, 02/11/2013 - 09:25 | 3232745 Sudden Debt
Sudden Debt's picture

you'll never make it into the foodstamp programm if you keep on using words like "math" you know....

 

Mon, 02/11/2013 - 09:59 | 3232838 SmallerGovNow2
SmallerGovNow2's picture

Your math is correct VV...

Mon, 02/11/2013 - 09:19 | 3232732 Black Markets
Black Markets's picture

Need to show the change in population otherwise the charts are meaningless.

Mon, 02/11/2013 - 09:28 | 3232749 Tyler Durden
Tyler Durden's picture

Well, let's see:

- increase in population since December 2007: 11.8 million; Since January 2009: 8.9 million;
- increase in labor force since December 2007: 1.4 million; Since January 2009: 1.1 million

Mon, 02/11/2013 - 14:11 | 3233952 Panafrican Funk...
Panafrican Funktron Robot's picture

Fun fact related to this:  Since the January 2009, the civilian labor participation rate has dropped 2.1%.  

Can't stop gravity on a real basis, but you can try on a nominal basis.  

Mon, 02/11/2013 - 09:38 | 3232774 MFLTucson
MFLTucson's picture

What the hell difference does age mean?  The number of needy people is the issue!

Mon, 02/11/2013 - 09:59 | 3232839 LMAO
LMAO's picture

Just wait till Hopey Changey and TPTB are finished with Vote-buying the "illegal immigrants", bestowing upon them Merikan nationality. I'm sure that scheme would also work wonders towards the SNAP business. GO JPM!

Mon, 02/11/2013 - 13:33 | 3233817 Creepy Lurker
Creepy Lurker's picture

And at less than $300 a month, that was the suprise for me. These are cheap whores.

Mon, 02/11/2013 - 09:28 | 3232746 Aegelis
Aegelis's picture

It feels terrible being helpless to help the 'helpless'.  I'm sure there's some people in legit need, but I'm also confident there are some people who don't understand what being a government slave means or will mean.  Hope there isn't a draft, we know who will be the first to go because they're already on the government's payroll.

Mon, 02/11/2013 - 09:44 | 3232793 ATM
ATM's picture

They will be the last to go. They are valuable voters for the dole. The ones who will be drafted will be those who are oissed off supporting the chattle, those that vote against the party and the government.

Mon, 02/11/2013 - 12:50 | 3233665 mumcard
mumcard's picture

Rome did hire mercenaries near the end, not send out the slaves.

Mon, 02/11/2013 - 09:32 | 3232752 Squid Vicious
Squid Vicious's picture

My local Walmart did seem awfully busy the first few days of Feb. but I thought it was because of all the new high paying jobs, rising home prices and wealth effect from rising equity prices...hmm

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