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Food Stamp Usage up 64% in Last Four Years, Cost up 114% in Same Period; SNAP Charts, Facts and Figures

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Here are a couple of charts from Tim Wallace on the food stamp program, now called “SNAP” to remove the stigma. SNAP stands for Supplemental Nutrition Assistance Program.

SNAP Participants

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SNAP Program Costs in Millions

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SNAP Facts and Figures

  • In the last four years the number of participants increased by 64.7%
  • In the last four years the program cost is up by 114.4%
  • Since 2000, the number of participants is up 170%
  • Since 2000, the program cost is up by 395%

Mike “Mish” Shedlock
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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Mike Shedlock

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