According to new data released by the U.S. Department of Agriculture, Participation in the SNAP program reached a new all-time high of 47,102,780 individuals in August, on the strength of the largest monthly increase in one year.
The number of participating households also hit a new high of 22.7 Million. The average benefit per person was $133.42, and the total cost for the month of August was nearly $6.3 Billion.
Unfortunately for Food Stamp proponents, while the program is obviously feeding Americans, to the tune of around $200 Million per day, we are not seeing any positive impact on employment.
“If you want to create jobs, the quickest way to do it is to provide more funding for food stamps”
–Nancy Pelosi (D), California
As participation rose again in August, the Employment–Population Ratio declined to 58.3%.