The Trump administration and the US Department of Agriculture proposed a grocery delivery program called the Harvest Box as part of the fiscal year 2019 budget. The program would replace part of the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps. One Trump administration official called the Harvest […]
President Donald Trump released his fiscal year 2019 budget proposal on Monday. Included in the budget is a proposed overhaul to the Supplemental Nutrition Assistance Program (SNAP), typically referred to as food stamps. Under the proposal, SNAP recipients would begin to receive some of their benefits in the form of […]
Fewer and fewer Americans are on food...
Close to home.
Here’s a chart from Bloomberg BRIEF economist Michael McDonough showing the number of people on food stamps overlaying the cost of food stamps as a percentage of grocery sales.
[credit provider=”Instagram @corybooker” url=”http://instagram.com/p/S1QE4cPUUm/”] Newark, New Jersey Mayor Cory Booker certainly isn’t the first politician to see first-hand what it’s like to survive on food stamps, but he just might be one of the most fascinating to watch.For the next seven days, Booker will live off the same $4.32 per day […]
Citi’s Chief U.S. Equity Strategist Tobias Levkovich just released his Chart of the Month, which includes a new metric to measure economic dissatisfaction.Levkovich argues that the traditional Misery Index — the sum of inflation and unemployment — failed to adequately represent the poor state of the economy due to persisting […]