CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.
Friday, April 20, 2012
Food Stamps in America
There are 46.5 million Americans in the
program as of the most recent information available (January 2012),
comprising 22.2 million households. That’s 15% of the entire
population, and just over 20% of all households. Moreover, despite the
end of the official “Great Recession” in June 2009, over 10 million more
Americans have been accepted into the program since that month, and the
year-over-year growth rate for the program is still +5%. The USDA’s report is,
not surprisingly, very upbeat on the utility of the program. Fair enough. But
what does it mean when 20% of all households cannot afford to buy the food they
need for their families?
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