Relevant:
- JP Morgan Rakes in Profits from U. S. Food Stamp Program
- Ph.D. in food stamps -- the rise of food stamp usage among those with advanced degrees
- One in Four Children on Food Stamps, One in Eight Overall; Weekly Unemployment Claims Tick Up
- Food Stamp Beneficiaries Exceed 46,000,000 for 40 Straight Months
- The food stamp economic recovery -- Food stamps increase by over 600,000 in last month of data. GDP at record levels yet US employment is 4 million below start of recession.
2008-05-14 — blogspot.com
While food stamps are clearly a lagging economic indicator, the continuous rise in recipient numbers during 2002-2008 causes me to conclude that real GDP growth in previous years was not as robust or widespread as the headline numbers suggested. Unlike other data, I believe food stamp numbers are not greatly "adjusted" and thus provide a truer picture of the economy - or, at least one aspect of it: how difficult it is for real people to make ends meet. As opposed, say, to those phantom employees created by BLS models. (I guess they don't need food stamps because, if we are to believe the official inflation figures, they don't eat.)
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