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Hunger at Home. Its Costs to our Economy and our Society. America’s Hunger Bill. $167.5. High poverty and hunger rates among U.S. children reduce the value of economic output by several hundred billion dollars annually.
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Hunger at Home Its Costs to our Economy and our Society
America’s Hunger Bill $167.5 • High poverty and hunger rates among U.S. children reduce the value of economic output by several hundred billion dollars annually. • Food insecurity for families and communities has clear economic consequences that cross a number of sectors. • Education • Health • Law Enforcement • Short-term expenditures to put off the effects of poverty and unemployment on children and youth could have major fiscal payoffs that offset their initial costs. Billion source: americanprogress.org
“…likely a conservative estimate.” We Pay for Poor Performance • U.S. economic output reduced by as much as 4 percent of GDP each year (roughly $500 billion), caused by: • Low productivity and earnings • Poor health • High levels of crime and incarceration among adults who grew up poor • Failure of high school dropouts to obtain diplomas costs the public sector about $125 billion in lost revenues each year. • Every percentage point increase in the dropout rate each year would reduce federal revenue by $5 billion over time. - Penny Wise, Pound Foolish
We Pay for Poor Health • Intermittent hunger contributes to binge eating and overeating to cope with stress and depression. • Hunger in babies wreaks havoc on their metabolism and makes them more susceptible to obesity later in life. • Medical costs of obesity are estimated at $147 billion per year. • Hunger among children affects cognitive development and leads to lower academic achievement. $67 Estimated yearly cost of hunger-related health expenses. billion
How SNAP Helps • Nutrition programs like SNAP are one of the most cost-effective ways to control rising healthcare costs, which pose a much greater long-term threat to the nation’s economy than the cost of nutrition programs.
Greater Need than Ever 14.5 • The Great Recession has only tightened hunger’s grip on American communities. • Keeping hunger at bay will demand timely action from government at all levels and civil society. Of U.S. population is food insecure Percent 2010 $731 Average monthly gross income for all SNAP households
How We Compare • The U.S. has some of the highest child poverty and infant mortality rates of the developed world. United States source
Ahead of the Curb: Philadelphia • Philadelphia has set very ambitious goals for ending hunger in its neighborhoods. • It has developed a city-wide prevention and response network.
Your city or community can join a greater movement against hunger: The Hunger Free Communities Network • This network combines the efforts of: • Government agencies, businesses, faith groups, health service providers, educational institutions, civic associations, foundations andnon-profit organizations Connect with the network and find resources at: www.hungerfreecommunities.org
Read the 2013 Hunger Report • The most current policy analysis on hunger—at home and around the world—and how to end it. • Find interactive tools, info-graphics, a Christian study guide and much more at the hunger report website. www.hungerreport.org