It doesn’t matter if you’re liberal or conservative, the fact that America has seen 35 months with more than 46 million Americans on food stamps is not a good thing.
What this signals is the American economy is in the tank.
It also indicates an over-reliance on taxpayer-funded welfare programs to help people stay afloat. Forty-six (46) million Americans on food stamps says that too many people depend on the government and not enough are out there working to support themselves.
The chart below shows the trend of food stamp usage over the past several years.
The numbers are discouraging on so many levels.
The biggest cause of frustration is the fact that the Obama administration makes it so easy for people to get on the program. So easy, in fact, that millions of Americans who don’t honestly need food stamps are tapping the government for millions because “it’s there for the taking.”
This is true of not just Food Stamps, but of many government welfare programs.
According to IJ review “The percentage of Americans now receiving a federally-funded ‘means-tested program’ now stands at 35.4%. When you add pensions, unemployment, Social Security, and Medicare to the mix, the percentage of Americans relying on government for part or all of their subsistence is 49.5% of the American population.”
Those numbers are outlandish… and… unsustainable.
The solution for helping people out of their desperate plight isn’t to create more government programs, but to reduce regulations and build a thriving economy through private enterprise.
The government won’t be able to sustain all the people on welfare programs much longer. Soon something will have to give. And when it does, what’s taken two and a half centuries to build could come tumbling down in a matter of months.
Avoid a potential economic wipe-out… Build your wealth where not even an economic collapse can touch it.