Hope and Change
From
The Weekly Standard:
Food Stamp Growth 75X Greater than Job Creation
With the latest jobs report, it is now the case that "Under Obama, Food Stamp Growth [Is] 75 Times Greater Than Job Creation," according to statistics compiled by the Republican side of the Senate Budget Committee.
More:
Since January 2009, a net of 194,000 new jobs have been created. During that same time, 14.7 million have been added to the food stamp rolls.
75.773 times to be exact but who cares -- this is unreal.
Some numbers:
In January 2009, there were 133.56 million Americans with jobs and 31.98 million on food stamps. Today, there are 133.76 million Americans with jobs and 46.68 million on food stamps. The employment rolls have thus grown by 0.15 percent and the food stamp rolls have grown by 46 percent, meaning that for every one American who found a job, 75 Americans signed up for food stamps. Meanwhile, during that time, our nation�s debt has risen $5.63 trillion. Total spending on food stamps is now more than $80 billion annually, a fourfold increase from 2001. Total spending on federal means-tested welfare�food stamps, public housing, social services, cash aid, etc.�is now approximately $1 trillion. That amount is enough, if converted to cash, to send every household beneath the federal poverty line an annual check for $60,000.
And over half of that $60,000 is wasted in the Federal Bureaucracy. Bring it back to a State level or privatize it.
Posted by DaveH at November 2, 2012 4:37 PM