Yesterday (May 17) Governor Coumo Announced an end to the odious practice in New York that requires families seeking SNAP (food stamps) to be finger printed. This is a very important announcement. While there is much work to be done, I wanted to share with each of you one small slice of what it could mean if every New Yorker who qualified for SNAP got it.
In the Governor’s press release he states that have in New York we have 1.4 million neighbors who are eligible for but not receiving SNAP.
The Center on Budget and Policy Priorities reports that in New York Sate the average household awarded for SNAP was $278 per month.
The Economic Research Service of the USDA reports that SNAP has an incredible economic multiplier of 1.79 per dollar spent.
What could this mean for New Yorkers, for our neighborhood bodegas, our grocers and our food system?
Well before the multiplier the estimate impact of complete enrollment of all those currently eligible would be approximately $4.6 billion.
If you are interested in economic impacts, jobs creation, wealth generation then you would certainly take into account the economic multiplier which would result in a cash infusion of $8.4 billion into our economy.
Again, according to the Center on Budget and Policy Priorities New York State’s project budget short fall for 2013 is a little more than $2 billion.
Let’s close the budget gap by feeding people not slashing budgets.
Let’s feed people and let’s grow local economies that put people to work growing food, transporting food, selling food.
Let’s work to ensure that all who work in this economy get paid a wage so that they don’t need support from SNAP.
Excited by this new
Grateful to those who work so hard.
Glad to be working with you all each day.