Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Food Stamps More Effective Than We Knew
Posted
November 2, 2015
Views
80,830
Likes
2,016
Comments
603
Engagement
3.24%
November 2, 2015
80,830
2,016
603
3.24%
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6:45Now PlayingSocial welfare programs like food stamps help to cut poverty. It turns out they are more effective at this than we previously thought. John Iadarola (Think Tank) and Jimmy Dore (The Jimmy Dore Show Podcast), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"A new study suggests that programs like food stamps and housing vouchers cut poverty by almost twice as much as we thought they did.
According to standard census numbers, the poverty rate in New York from 2008 to 2011 was 13.6 percent, before taking these programs into account. The programs the study examines — food stamps (a.k.a. SNAP), welfare (a.k.a. TANF), state-level general assistance programs, and housing aid — dropped that down to 10.8 percent. But the study suggests the real number was even lower: a mere 8.3 percent. If that's true, then the estimated poverty-fighting power of these programs has been dramatically understated for years.”*
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