When a political party is anathema to fact based information, the American people they serve suffer. Republicans punitively cut the SNAP program. To be sure some Democrats ultimately supported the bill that will cut $90/month to the poor as well.
This cut disproportionately affected veterans as their return to self-sufficiency into society has been difficult. After-all, by now all should know that in the trickledown theory of governance, the pain and necessities of the lowly peons that comprise most of America is only mitigated when that pain also affects the wealthy stockholding 1%.
The GOP was warned that SNAP was stimulative to the economy. They were warned that reducing SNAP in a stagnant economy would reduce economic activity.
This week realty is now apparent. Fox Business reports the following.
The world’s largest retailer cautioned that its profit will match or fall “slightly below” the low end of its previous guidance for $1.60 to $1.70 a share. Walmart gave the same prediction for full-year earnings, which were expected to hit $5.11 to $5.21 a share.
Bentonville, Ark.-based Walmart also said same-store sales at Walmart U.S. and Sam’s Club, excluding fuel, to be slightly negative compared to the company’s prior outlook. In November, Walmart projected comparable sales to be relatively flat at its namesake U.S. stores, while Sam’s Club expected results to be between flat and 2% growth.
Chief financial officer Charles Holley said Walmart saw a greater-than-expected negative impact from reductions in the Supplemental Nutrition Assistance Program, or food stamps. The cuts went into effect on Nov. 1.
The suffering poor have felt the pain. In fact most of the pain is in Red States as they are more dependent on government handouts. The stockholders of the stores that service the poor and working poor now feel a reduction in profits. Everyone knows that is a red light for them. Will the GOP respond to assist their masters?
(h/t DailyKOS)
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Did any of the GOP ever read the statement of purpose for the food stamp program? Or were they just to busy taking shots at the”poor”. The purpose of food stamps is too create jobs ! When I was a caseworker years ago, the going rate was a store received $1.15 for every $1.00 food stamps. When they decided how much food stamps a state received, we learned it was how much money does the food retail business in a state needs. If they needed 6 million then we got 6 million stamps to hand out and set the qualifications accordingly.
I would like to hear a persuasive argument that explains why 47 million people in this country need tax money from working Americans to buy food. I wholeheartedly agree that there are people who need help but I refuse to believe that even half of these people are in real need. I have seen people driving BMWs and paying for food with tax dollars. If you don’t believe it… go look for yourself.
How did you conduct your research, JP? Did you hang around the cash register, see who used SNAP, then follow them to their cars? Or did you spot high-buck cars in the parking lot, then follow the drivers and see whether they used SNAP at the checkout? Perhaps you’d like to provide an outline of how to do the research so people can “go look for themselves”. It’s not an “argument”, it’s the fact that this country is full of the working poor, that is people who work fulltime without making enough for survival and worse, those who are kept working enough hours that it would not be feasible to get another job but not enough hours to get benefits.
He’s apparently parroting Faux News talking points.
OK, I will. Where are you seeing this?
Some people who once had good enough jobs to buy nice things like clothes and cars and houses and jewelry now use food stamps and other forms of government assistance to make up for their loss of income after the big crash in 2007/8. To ask them to sell their belongings in a market that would cause them to lose even more of their financial worth just to make YOU happy is a bit over the top, don’t you think?
If I asked you to shut the hell up because you apparently don’t have the intelligence, perception, or compassion to care about others and know what the hell you are talking about in order to make everyone else happy, would YOU do it?
how bout asking why the defense department needs 700 billion tax dollars a year to sponsor phoney wars…. so that the war pig manufactures can stay the elitists mongers that they are.
We shouldnt be helping other country’s , when we have people going hungry and without heat here. Something is very wrong with that.