JAD,
from the CBO:
which indeed does show a decline in SNAP participation to approximately 34 million in 2022, which would be a return to approximately pre-recession levels after accounting for population growth. total cost goes to approximately 2008 levels after accounting for US GDP/federal budget growth.
ie, after the recession, participation returns to pre-recession levels and costs go down/stabilize at slightly higher than pre-recession levels. using big numbers like "700 billion over 10 years" isn't particularly meaningful when in the same time frame the US economy is predicted to generate over $150-$180 trillion in economic activity.
Sorry about that. The rate was 70% in participants and 135% in cost. The CBO estimate was in 2012.
which indeed does show a decline in SNAP participation to approximately 34 million in 2022, which would be a return to approximately pre-recession levels after accounting for population growth. total cost goes to approximately 2008 levels after accounting for US GDP/federal budget growth.
ie, after the recession, participation returns to pre-recession levels and costs go down/stabilize at slightly higher than pre-recession levels. using big numbers like "700 billion over 10 years" isn't particularly meaningful when in the same time frame the US economy is predicted to generate over $150-$180 trillion in economic activity.
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