April 11, 2012

Food stamps reduced poverty during crash by 8%

Daly Kos  Confirming other reports and common sense, a U.S. Department of Agriculture has concluded that the Supplemental Nutrition Assistance Program, better known to everyone as the food stamp program, kept the poverty rate down during the Great Recession. It had "a particularly strong effect on child poverty." In the nine years covered by the study, beginning in 2000, food stamps reduced the poverty rate by 4.4 percent. But in the deep recession year of 2009, it cut the rate by 8 percent.

1 comment:

Anonymous said...

So the government gives out free money and that reduces the poverty line. What a shock.