More Americans are on food stamps than the population of 24 states – or about 47% of the country.
Obama promised to remake the country… and he’s doing just that.
Wynton Hall at Breitbart reported:
An analysis by Breitbart News has found that the number of individuals on food stamps now exceeds the combined populations of 24 states and the District of Columbia.
In November, the U.S. Department of Agriculture reported that a record 47,102,780 individuals receive food stamps.
According to US. Census Bureau data, that figure exceeds the combined populations of: Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.
Since January 2009, the number of individuals on food stamps has skyrocketed from 31.9 million to the current record high 47.1 million. By comparison, in 1969 just 2.8 million Americans received food stamps.
Also benefiting from the rapid rise in food stamps are companies like JP Morgan who administer Electronic Benefit Transfer (EBT) cards. A recent report by the Government Accountability Institute found that since 2004, JP Morgan’s 24 state EBT contracts have totaled at least $560,492,596.02.
Last year, the food stamp program (officially known as the Supplemental Nutrition Assistance Program or SNAP) cost taxpayers $72 billion, more than double the $30 billion spent four years ago.