The percentage of Americans reporting that they had enough money to buy the food they or their families needed continued to decline in October, nearing the record low seen in November 2008. The percentage who did not lack money for food in 2011 fell to 79.8% from 80.1% in September, continuing a decline that began in April.
This is only the second time since Gallup and Healthways began tracking this measure as part of the Gallup-Healthways Well-Being Index in January 2008 that less than 80% of Americans reported that they had enough money to buy food throughout the past year. The record low was in November 2008, at the start of the economic crisis, when 79.4% reported that they had enough money to buy food for themselves or their families.
This measure — which asks if one had enough money to buy food in the past 12 months — has decreased to its lowest level of the calendar year each October since 2009. The reason for this pattern is unclear and does not appear to be related to world food prices. In 2008, fewer Americans reported that they had enough money to buy food in August and November than in October, likely affected by high gas prices in the former case and the onset of the economic crisis in the latter. Still, this October finds fewer Americans saying that they had enough money to buy food over the past year than in each October for the past three years.
Americans’ Access to Basic Needs Falls to New Record Low
Americans’ access to basic needs is now at the lowest level recorded since Gallup and Healthways began tracking it in January 2008. The Basic Access Index — which comprises 13 measures, including Americans’ ability to afford food, housing, and healthcare — declined to a record-low score of 81.2 in October. This means Americans’ access to basic needs, though still high in an absolute sense, is now worse than it was throughout the economic crisis and recession, including the prior record lows recorded in February and March 2009.
I wonder when some of these poor economic conditions in America will be referred to Obama creaations or the Occupy encampments as Obamavlles?
With the left-wing media, probably never. But, American voters understand and will take action accordingly.
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