n. WTSHTF: Plenty of Food To Go Around...Not!

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Wednesday, October 12, 2011

Plenty of Food To Go Around...Not!

If there’s one record that has been broken month after month almost every single month for the last four years, it’s the Supplemental Nutritional Assistance Program, or SNAP, participation rate. In January of 2011, with about 43 million people receiving assistance nationwide, we wrote Broke and Hungry, where we suggested that participation in the program would not decline, and that we would see at least 50 million Americans in the program within 18 months. We’re well on our way. As of this writing, 45.8 million Americans are dependent on government assistance just to put food on the table – and the trend shows no signs of abating.
Over 15% of our countrymen, roughly one in six, are now registered with the SNAP program. Think about that for a minute. ONE IN SIX people in the United States of America – purportedly the richest country in the world – can’t buy their own food.

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