The media is distorting the facts and misguiding the public conscience (II)
Posted in the Banking Forum
#1 Oct 29, 2013
The enormous negative impacts from SNAP (The Supplemental Nutrition Assistance Program): The food-stamp rolls have swollen since 2008 and are projected to stay that way for years. In 2008, SNAP enrollment was 28.2 million. Unemployment peaked in October 2009 at 10% and was at 7.7% as of February, but SNAP kept growing..
Presently, the total enrollment is almost twice of that in 2009 when SNAP became law: 51.8+ Millions (Fox News)!!! With the 13.5% increase in cost of Food Stamp programs, the overall burden to the society is double and more in the last four years alone - The cost has exceeded $ 79+ Billions USD A Year!! So, A Mere $ 5 B cut in Food Stamps is only a drop in the bucket..
The point: The Media made the $ 5 B Cut in Food Stamps sound like an Earth Quake and there is no Tomorrow!!!
Soon, America can be labeled as the Welfare State and the Food Stamp Paradise!!!
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