Tuesday, August 2, 2011

Awww, SNAP! (updated thru 5/2011)


The Food Stamp program participation is in a powerful uptrend. Here is the latest raw data as of May, 2011:
Total Participation: 45,753,078
Total as Percent of the US Population: 14.7%

There were about 800,000 new people added to SNAP this month in the state of Alabama.


3 comments:

  1. Sweet(s)!

    Cramer did say there is always a bull market somewhere.

    Maybe he's got great insight on how to invest in this. I wouldn't know. I try not to watch him.

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  2. I don't qualify for food stamps or any free food. But I'm $30,000 underwater on my mortgage. I'm trying to sell 6,000 loaves of bread that I donate to the food bank to get out of my negative equity. It's like a double win. Visit http://6000loaves.blogspot.com

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  3. Mark,

    I don't know what Cramer has going for him other than a wacky TV show.

    Fishysmommy,

    You have a compelling story and a creative way of solving it. As a rule, I only donate directly to the local Second Harvest but I sincerely wish you the best. You are not so far underwater that you can't dig yourself out.

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