Startling Look At How Much Money Food Stamp Recipients Spend On Junk Food

Btchain

zerohedge.com / by Tyler Durden / Nov 23, 2016 9:00 PM

A new investigate only expelled by a USDA, offers a really minute demeanour during accurately how participants in a “Supplemental Nutrition Assistance Program” (SNAP, aka Food Stamps) spend their taxpayer-funded subsidies.  Unfortunately for taxpayers, a volume of income spent on soothing drinks and other nonessential junk foods/drinks is sincerely staggering.  But, we suspect it’s a good taxpayer saved funding for a soda industry…so measure one for Warren Buffett and a Coca Cola lobbyists.

Per a study, scarcely $360mm, or 5.4% of a $6.6BN of food expenditures done by SNAP recipients, is spent on soothing drinks alone.  In fact, soothing drinks paint a singular largest “commodity” purchased by SNAP participants with $100mm some-more spent on sodas than divert and $150mm some-more than beef.

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