15 percent of the U.S. population is receiving food-stamp benefits.
from David Ruccio
In 2007, at the start of the Second Great Depression, 26.3 million Americans—8.7 percent of the population—were on the Supplemental Nutrition Assistance Program (SNAP). Today, that number has risen to 47.6 million, which means that 15 percent of the U.S. population is receiving food-stamp benefits.
What’s that you say about a recovery?
Leave a comment Cancel reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Real-World Economics Review
WEA Books
follow this blog on Twitter
Top Posts- last 48 hours
- The problem with electric vehicles
- Weekend read - A STIGLITZ ERROR?
- With a modest financial transactions tax, Jim Simons would not have been superrich
- Economics — a dismal and harmful science
- Ayn Rand — a perverted psychopath
- Comments on RWER issue no. 89
- The eclipse part wo
- The current state of game theory
- Water Flowing Upwards: Net financial flows from developing countries
- Real-world economists take note!
"We cannot solve our problems with the same thinking we used when we created them." Albert Einstein
Regular Contributors
Real World Economics Review
The RWER is a free open-access journal, but with access to the current issue restricted to its 25,952 subscribers (07/12/16). Subscriptions are free. Over one million full-text copies of RWER papers are downloaded per year.
WEA online conference: Trade Wars after Coronavirus
Comments on recent RWER issues
————– WEA Paperbacks ————– ———– available at low prices ———– ————- on most Amazons ————-
WEA Periodicals
----- World Economics Association ----- founded 2011 – today 13,800 members
Recent Comments
- David Harold Chester on Weekend read – A STIGLITZ ERROR?
- David Harold Chester on Weekend read – A STIGLITZ ERROR?
- sackergeoff on With a modest financial transactions tax, Jim Simons would not have been superrich
- CBASILOVECCHIO on Weekend read – A STIGLITZ ERROR?
- David Harold Chester on Weekend read – A STIGLITZ ERROR?
- pfeffertag on Weekend read – A STIGLITZ ERROR?
- CBASILOVECCHIO on Weekend read – A STIGLITZ ERROR?
- Arbo on Economics — a dismal and harmful science
- spamletblog on Economics — a dismal and harmful science
- bckcdb on Economics — a dismal and harmful science
- David Harold Chester on Real-world economists take note!
- Patrick Newman on Real-world economists take note!
- deshoebox on Real-world economists take note!
- felipefrs on The non-existence of economic laws
- Seeker on The non-existence of economic laws
Comments on issue 74 - repaired
Comments on RWER issues
WEA Online Conferences
—- More WEA Paperbacks —-
———— Armando Ochangco ———-
Shimshon Bichler / Jonathan Nitzan
————— Herman Daly —————-
————— Asad Zaman —————
—————– C. T. Kurien —————
————— Robert Locke —————-
Guidelines for Comments
• This blog is renowned for its high level of comment discussion. These guidelines exist to further that reputation.
• Engage with the arguments of the post and of your fellow discussants.
• Try not to flood discussion threads with only your comments.
• Do not post slight variations of the same comment under multiple posts.
• Show your fellow discussants the same courtesy you would if you were sitting around a table with them.
Most downloaded RWER papers
- The state of China’s economy 2009 (James Angresano)
- Global finance in crisis (Jacques Sapir)
- Green capitalism: the god that failed (Richard Smith)
- The housing bubble and the financial crisis (Dean Baker)
- Why some countries are poor and some rich: a non-Eurocentric view (Deniz Kellecioglu)
- Trade and inequality: The role of economists (Dean Baker)
- New thinking on poverty (Paul Shaffer)
- What Is Neoclassical Economics? (Christian Arnsperger and Yanis Varoufakis)
- Debunking the theory of the firm—a chronology (Steve Keen and Russell Standish)
Family Links
Contact
follow this blog on Twitter
RWER Board of Editors
Nicola Acocella (Italy, University of Rome) Robert Costanza (USA, Portland State University) Wolfgang Drechsler ( Estonia, Tallinn University of Technology) Kevin Gallagher (USA, Boston University) Jo Marie Griesgraber (USA, New Rules for Global Finance Coalition) Bernard Guerrien (France, Université Paris 1 Panthéon-Sorbonne) Michael Hudson (USA, University of Missouri at Kansas City) Frederic S. Lee (USA, University of Missouri at Kansas City) Anne Mayhew (USA, University of Tennessee) Gustavo Marqués (Argentina, Universidad de Buenos Aires) Julie A. Nelson (USA, University of Massachusetts, Boston) Paul Ormerod (UK, Volterra Consulting) Richard Parker (USA, Harvard University) Ann Pettifor (UK, Policy Research in Macroeconomics) Alicia Puyana (Mexico, Latin American School of Social Sciences) Jacques Sapir (France, École des hautes études en sciences socials) Peter Söderbaum (Sweden, School of Sustainable Development of Society and Technology) Peter Radford (USA, The Radford Free Press) David Ruccio (USA, Notre Dame University) Immanuel Wallerstein (USA, Yale University)
“What’s that you say about a recovery?”
That getting a job now only helps to pay the debt and interest owed to the PFPBanks, while leaving nothing left over for food. Has anyone asked, Why and how during the time of plenty(1976-2012), the top 10% gained all of the increase in income while the other 90% had a decrease.