U.S. Gross Domestic Product

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Cutting food assistance is not just morally wrong — it’s bad economics

 

By William Spriggs

Guest Commentator

 

The U.S. Gross Domestic Product (the value of all goods and services in the economy) figures show GDP per person is $53,211. That’s per person, not per family. Those figures also show we annually spend $2,797 per person on food — that’s $233 per person a month. After netting out imports, we sell nearly $14 billion in food overseas. Clearly America is a wealthy nation that is fully food secure. Continue Reading →

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