David Henderson thinks Paul Krugman is wrong in suggesting that SNAP participation might have some correlation with U6, a broad measure of unemployment.
I made my own graph and lagged the SNAP data by a year and Krugman’s argument looks compelling; Henderson’s does not.
Sure, SNAP continues to increase even though U6 has started to decrease, but it’s clearly slowing down, and all of this matches the data showing that the recovery has been weak at the lower end of the income scale (i.e. likely SNAP recipients).