AP News Article: 49% of Children Will Need Food Stamps

I recently was sent THIS ARTICLE (thanks Isaac!) which was written by AP writer, Lindsey Tanner.   I was dumbfounded by the statistics shared.   Here are some specific lines that struck me:

  • Nearly half of all U.S. children and 90 percent of black youngsters will be on food stamps at some point during childhood
  • Your neighbor may be using some of these programs but it’s not the kind of thing people want to talk about
  • Other researchers have estimated that slightly more than half of adults will use food stamps at some point by age 65

Here is what I know – this crusade is all about helping PREVENT this from happening in the future.   If people are EQUIPPED with the ability to produce income and taught HOW to save some for emergencies and down times, we can make a substantial dent in these numbers.

I can’t wait until I launch the research division of IWBNIN.   One of the key items I want to know here is the amount of income that these families have received in the previous five years.   If they have received decent income over that time and managed to save exactly zero dollars, then it is shame on them.   If they have received no income, but they did not give 100% toward trying, then it is shame on them.   If they have received horrible income over that time even though they tried with everything they had then it is an entirely different problem.

I don’t have the research yet, but I can’t wait to see those numbers.   I have no idea what we will find out, but it will certainly be interesting!

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1 Comment

  1. Justin on November 5, 2009 at 7:10 pm

    That absolutely blows my mind Joe. I really hope that we as a nation can do something to help correct this problem and soon. I know that I’ll be doing my part with teaching my boy what I have learned from you about money….

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