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FBaggins

(28,593 posts)

40. The author makes many mistakes

Tue Oct 28, 2025, 08:58 AM

Oct 28

He lives in the UK and he's just out of school (where he majored in politics and international relations... not economics) - so we should cut him some slack. But this is oversimplified beyond much value.

As you say - can he just asssume that SNAP recipients will stop buying food? The expectation is that recipients will be reimbursed the full amount once the government reopens. And what about the $6Billion/month that gets spent at other grocery stores? What if those SNAP recipients choose to offset their pain by shopping at cheaper stores (actually driving business TO walmart)?

And some states are covering SNAP payments (at least at first) when the federal taps dry up.

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Highlight:

Walmart Set To Lose Billions From SNAP Benefits Stopping in November [View all] BumRushDaShow Oct 27 OP

Not just Walmart. mdbl Oct 27 #1

Grocery store profits are minuscule. Losing snap will hurt a lot. cbabe Oct 27 #2

Reduced hours and layoffs, spoilage and uncertainty bucolic_frolic Oct 27 #3

So much winning! synni Oct 27 #4

They are huge donors. vanlassie Oct 27 #20

The CEO is Doug McMillon-- not a Walton RazorbackExpat Oct 28 #34

Gee, that's terrible for Walmart. Wednesdays Oct 27 #5

over 9 % reduction in sales possibly IbogaProject Oct 27 #19

They wanted him. They got him. BlueKota Oct 27 #6

Food assistance markie Oct 27 #7

And many Walmart employees use snap kerouac2 Oct 27 #8

Starving families, layoffs just before the Holidays, Buddyzbuddy Oct 27 #9

You should create a thread with this post. raccoon Oct 28 #25

Thank you, I did in GD. Buddyzbuddy Oct 28 #35

"Starving families, layoffs just before the Holidays" is the point durablend Oct 28 #28

Respectfully, a friendly suggestion, you might want to add Buddyzbuddy Oct 28 #36

True durablend Oct 28 #37

The true spirit of Christmas isn't it? Irish_Dem Oct 28 #32

And farmers will get screwed again. nt Trueblue Texan Oct 27 #10

You gotta wonder........ popsdenver Oct 27 #11

I also wonder popsdenver Oct 27 #13

This message was self-deleted by its author Bayard Oct 27 #21

That is an ugly assumption you cannot make Bayard Oct 27 #22

It's a mathematical certainty it's a large chunk. Hassin Bin Sober Oct 27 #23

Small rural hospitals and clinics are closing and now Walmart will lose SNAP and Medicaid income. They'll close ChicagoTeamster Oct 27 #12

Urban Hospitals, Also ColoringFool Oct 27 #14

Miller and Trump are jumping for joy. Sadistic bastards. Irish_Dem Oct 28 #33

Don't forget Putin popsdenver Oct 28 #42

Why the idea that billionaires corporations oligarchs only motivation is money is too simplistic. betsuni Oct 27 #15

Gosh, maybe if we frame starving people on purpose AllyCat Oct 27 #16

They might trip over them on their way to a ball. travelingthrulife Oct 28 #44

Watch them keep raising prices. They don't care. littlemissmartypants Oct 27 #17

They are in a race popsdenver Oct 28 #43

Start hitting the big boy oligarchs in the wallet and we'll see either a budget or stop-gap spending measure real quick. artemisia1 Oct 27 #18

Lots of places samplegirl Oct 28 #24

Meh OC375 Oct 28 #26

You mean the ones that'll donate to MAGA/Republicans anyway? durablend Oct 28 #29

So, 1/78th of that family's wealth? (n/t) OldBaldy1701E Oct 28 #27

That's lost revenue. Lost profit would only be about 3 percent of that unblock Oct 28 #30

Wally World is also getting hit with the tariffs BumRushDaShow Oct 28 #31

The author makes many mistakes FBaggins Oct 28 #40

Maybe they shouldn't of samplegirl Oct 28 #38

Those denying benefits spend more on one lunch than SNAP participants receive in a month. twodogsbarking Oct 28 #39

there's a silver lining in every dark cloud mike_c Oct 28 #41