Skip to content

Oh really Obama? President claims economic success while population dependent on food stamps hit all time high

By Catholic Online (NEWS CONSORTIUM)
8/27/2014 (3 years ago)
Catholic Online (www.catholic.org)

Number of Americans on food stamps over 46 million

Democrats are facing a tough midterm election, and with less than three months to go the party is scrambling to prop up the image of the U.S. economy in the minds of disgruntled voters.

The number of Americans on food stamps has not decreased since 2011, despite claims from President Obama that the U.S. economy has recovered under his policies.

The number of Americans on food stamps has not decreased since 2011, despite claims from President Obama that the U.S. economy has recovered under his policies.

Highlights

By Catholic Online (NEWS CONSORTIUM)
Catholic Online (www.catholic.org)
8/27/2014 (3 years ago)

Published in Business & Economics

Keywords: Economics, Finance, U.S., Obama, Welfare


LOS ANGELES, CA (Catholic Online) - Yet one of the quickest shorthand indicators of economic growth is food stamp enrollment-and this measure paints the Democrats and President Barack Obama in a less than flattering light.

All over the world children are starving, do your part today!

According to the Department of Agriculture's most recently released data, the number of people enrolled in the Federal food stamp program (SNAP) has remained above 45 million every single month for three years running.

In May of 2011, 45,410,683 people were receiving food stamps, and as of May 2014 (the most recent data collected and made available) that number has risen to over 46,000,000. At no point between these two dates did the food stamp enrollment number dip below 45 million.

Food stamp enrollment soared because of changes in categorical eligibility provisions implemented by Obama, as well as aggressive enrollment marketing and a bleak economy, and lobbying from big corporations who stand to make large amounts of money off food stamps.

A report by the Government Accountability Institute (GAI) found that JP Morgan took in $560,492,596 since 2004 for processing the Electronic Benefits Transfer cards, of which it holds contracts with 18 of 24 of the states which use that system.

Despite the historic levels of food stamp usage and welfare, and with the middle class poorer now than in 1984, Obama continues to claim that his economic policies have made things better.

"Since I have come into office, there's almost no economic metric by which you couldn't say that the U.S. economy is better," Obama said in an interview this month with the Economist.

According to Gallup, just 39% of Americans believe the U.S. economy is "getting better" versus 56% who say it is "getting worse."

---


'Help give every student and teacher Free resources for a world-class moral Catholic education'


Copyright 2017 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for OCTOBER 2017
Workers and the Unemployed.
That all workers may receive respect and protection of their rights, and that the unemployed may receive the opportunity to contribute to the common good.


Comments


More Business & Economics

Is now the time to sell? Experts say Wall Street is on a bubble, here's why Watch

Image of Stocks appear to be on a bubble according to many experts.

Is now the time to sell on Wall Street? Stocks are on a bubble, according to multiple analysis and expert opinions. Fundamental market ... continue reading


Forget Winter, Recession is Coming Watch

Image of Major indicators reveal recession is coming.

The economy is about to go into recession according to several Wall Street firms. They are warning investors to prepare for an end to the ... continue reading


Get ready for self checkout everywhere: 3.5 million retail cashiers are about to be replaced by automation Watch

Image of Retail cashiers often loathe self checkout stands. However, both cashiers and self checkout stands are facing replacement as new technologies threaten to eliminate the checkout process.

Automation is coming soon to a store near you as retailers look for ways to cut costs and improve profits. The best way to accomplish this ... continue reading


'Budgets are moral documents'

Image of

The highly relevant quote, "Budgets are moral documents," has been arguably attributed to Rev. Martin Luther King, Jr. But if he didn't ... continue reading


Central bankers warn of looming global recession Watch

Image of A recession could be lurking around the corner and central banks have been asked to take note, especially in Asia.

A group of central bankers has warned that a great recession, possibly larger than the 2007-2008 recession is looming on a global scale. ... continue reading


Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Information
Learn about Catholic world

Catholic Online
Inform - Inspire - Ignite

Catholic Online Saints
Your saints explained

Catholic Online Prayers
Prayers for every need

Catholic Online Bible
Complete bible online

Catholic Online News
Your news Catholic eye

Daily Reading
Today's bible reading

Lent / Easter
Death & resurrection of Jesus

Advent / Christmas
Birth of Jesus

Rest of Catholic Online
All Catholic world we offer

Services
Products and services we offer

Catholic Online Shopping
Catholic medals, gifts & books

The California Network
Inspiring streaming service

Advertise on Catholic Online
Your ads on catholic.org

Catholic Online Email
Email with Catholic feel

Catholic Online Singles
Safe, secure Catholic dating

The California Studios
World-class post production service

Education
Learn the Catholic way

Catholic Online School
Free Catholic education for all

Student Classes
K-12 & Adult Education Classes

Catholic Online MasterClass
Learn from experts

School Teachers
Teacher lesson plans & resources

Catholic Media Missionaries
The New Evangelization

Support Free Education
Tax deductible support Free education

Socials
Connect with us online

Catholic Online on Facebook
Catholic social network

Catholic Online on Twitter
Catholic Tweets

Catholic Online on YouTube
Enjoy our videos

Catholic Online on Instagram
Shared Catholic moments

Catholic Online on Pinterest
Catholic ideas style inspiration

Catholic Online Logo

Copyright 2017 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2017 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.