What is American Food Stamp Program or Supplemental Nutrition Assistance Program(SNAP)?
American Food stamp Program is now called as SNAP( Supplemental Nutrition Assistance Program), it is initiated by US government to feed low or no-income people in the U.S. The SNAP program is administered by the U.S. Department of Agriculture.
These benefits were distributed by U.S. State’s division of Social Services of Family and Childern. Around $133.08/month was spent for an individual participant in Food Stamp Program (SNAP).
Food Stamp – Supplemental Nutrition Assistance Program(SNAP) in Numbers:
No. of Americans Benefited: 47.6 million Americans
Amount Spent in 2013: $76.4 Billion ~ € 62.77 Billions
Recently its is announced from Michigan state analysis that it has more food STAMP recipients than public school students.
Real Facts about One Hundred American Dollars:
One hundred Dollar USD is the highest value bill in circulation in the United States of America. Around 4 out of 5 $100 bills, its found that there are Traces of cocaine. $100 bills are mostly used for cocaine snoring than anyother bills.
Awesome Facts about Ten Thousand Dollars:
Using $10,000 USD you can buy a used car or go for an European Cruise vacation with your family. Also $10,000 USD is equal to 3 years of work for an average Indian.
How about 1Million USD?
Its is equal to 6crore of INR. It is calculated that average indian must earn 300years to earn $1,000,000(USD). However there are million of people more than $60,000/Month in India than U.S.
What Is Food Stamp Cards – EBT Cards?
More than 47.6 million Americans are benefited by Food Stamp Program also known as SNAP. In-order to avoid the stigma of Food stamp benefits, the EBT Cards were created and its used by the Americans same as Credit Cards.
Remember Breadline of America’s THE GREAT DEPRESSION of 1930’s ??
Important fact about the Great Depression Day is that People stood in the line for about 1/4 miles, which is 458 People standing in the line to get their food at a soup kitchen.
But Today, U.S. Govt brought by the technology “EBT Cards” same as credit cards for Food Stamp Program. These cards can be used by the People at the local retailers to get their foods. Usually EBT Cards will have certain amount($) allotted by the Govt.
More than 4000Walmart Super center are operating to provide food for Food Stamp program ( SNAP ).
Check Out the Line during 1930’s “The Great Depression day”
Facts about the Stamp Program(SNAP)
- Around 47% of Food Stamp (SNAP) Participants are Childern
- 78.6 are in metropolitan areas.
- Only 4% of Stamp Program Participants are self employed
- 93.2% of People belongs to US citizens.
Stunning Facts about one-hundred Million Dollars
With this Money, You can start really huge Bank in India.
I Can’t imagine about $100Millions USD
What is One-Billion Dollars?
Can’t Imagine billion dollars?.
Recently UBER raised billions of dollars to get prepared IPO. With the Billion dollar you will become one of the most influential people in the country.
Facts about $1Billion American Dollars
If you have cash of Billion dollar of $100bills, you definitely need a track to carry them.