Owl: Between April and June 2012 more Americans were added to the food stamp program than found jobs…

Economics/True Cost, Graphics
0Shares
Who? Who?

Between April and June 2012 more Americans were added to the food stamp program than found jobs.

An alarming data point from the minority side of the Senate Budget Committee: More Americans are being added to food stamps than are finding jobs. The data is detailed in this chart, provided by the committee:

As the chart shows, between April-June 2012 (the most recent three month block for which government data is available), only 200,000 jobs have been created while 265,000 individuals have been added to the food stamp rolls. Additionally, in that time period, 246,000 workers were awarded disability.

Click on Image to Enlarge

Phi Beta Iota: It's actually worse than that — and not something that can be blamed on President Obama or his Administration alone. This is a systemic problem. Accurate statistics that account for the growing eligible workforce show net losses of jobs created.

Financial Liberty at Risk-728x90




liberty-risk-dark