Low-income shoppers are in worse shape than you thought

It was finally starting to look like the lowest-earning Americans had caught a break. Yet as they feel the squeeze of rising health-care and housing costs, the lift from a stronger job market and low fuel prices hasn’t been enough for these consumers to feel relief. And for hundreds of thousands who are unemployed, a change in qualifications for Supplemental …

Ed Feulner – In 2008, Fewer Than 30 Million Used Food Stamps. Now 46 Million Do.

Good news: The number of Americans using food stamps in 2014 declined slightly from the previous year. So why does the 2015 Index of Culture and Opportunity say this indicator is headed in the “wrong direction”? There are a couple of reasons. For one, the food stamp program (officially known now as the Supplemental Nutrition Assistance Program, or SNAP) is …

The Economic Tsunami Gathering Momentum Off the Shores of America – Michael Payne

A massive tsunami, a mega-powerful financial tidal wave, is growing in intensity off the shores of America. This government senses its ominous presence but refuses to prepare for the force that it will unleash. This highly dangerous condition has been brought on by decades of reckless government spending, together with banking and corporate industry policies and actions that further enrich …

Food Stamps Are Worth Double at These Michigan Farmers Markets—Helping Families and Local Businesses – Araz Hachadourian

Vicki Zilke is a farmer in Ypsilanti, Mich., population 20,000, where more than a quarter of residents live below the poverty line. Every week, she sells her vegetables at Downtown Ypsilanti Farmers Market, one of two in the city. Nearly 40 percent of the shoppers at both hubs are on some form of food assistance funding from the government. The …

LOW WAGES COST TAXPAYERS $153 BILLION A YEAR

Persistent low wages cost US taxpayers approximately $153 billion every year in public support to working families, according to a new report that details, for the first time, the state-by-state costs. Following decades of wage cuts and health benefits rollbacks, more than half of all state and federal spending on public assistance programs (56 percent) now goes to working families, …