food stamps Archives

It’s a SNAP

By Econ70 | 12/19/2013

The number of Americans receiving Supplemental Nutrition Assistance Program (SNAP), more commonly known as food stamps, fell from 47.665 million in August to 47.306 million in September, a decline of 0.75%, the biggest decline on record. In FY 2013, the number of persons on SNAP averaged 47.6 million, 15.2% of the population, and the average…

Countercyclical Measures

By Econ70 | 04/25/2011

Including the stimulus, tax cuts, bailouts, home and car subsidies and automatic stabilizers (i.e. unemployment insurance and food stamps) the Great Recession will add about $4.2 trillion to the federal debt by the time it ends. The largest contributor; automatic stabilizers. They kick in when the economy slows. These stabilizers will add about $1.9 trillion…