November 1, 2013
Let’s talk food, SNAP and food stamps. Is this relevant to you? Maybe, not specifically but in the sustainable world view there is direct correlation to economy, social justice, spend and SNAP. The new name for food stamps services is the SNAP program. The lowering of an individuals subsidy is akin to cutting the profit out of your contract or negotiating down your current salary down. In today’s economy where the middle class in taking a hit to their bottom line now those who are in need are loosing food.
“Congress that will siphon $5 billion off a program that helps one in seven Americans put breakfast, lunch and dinner on the table,” post NBC News. This will come at the expense of non-profits who are need of increased funding.
The dogma spin is that those on food stamps buy wastefully. The role of food stamps is to provide support for the purchase of food for those under poverty line or in need of assistance. SNAP serves the greater good and fills the social-economic gap.
The bottom line is simple, “food stamp benefits will be cut to more than 47 million Americans starting Friday as a temporary boost to the federal program comes to an end without a new budget from a deadlocked Congress to replace it.”
Further, “under the program, known formally as the Supplemental Nutrition and Assistance Program, or SNAP, a family of four that gets $668 per month in benefits will find that amount cut by $36,” reports USA Today in “47M Americans hit by food stamp cuts starting today“.
$36.00 reduction for some is the difference between one-to-three meals and in the big picture or the food game where prices are increasing and quantities are shrinking the impact is exponential. Each month the family will loose without a remedy to replace the shortfall – sound familiar? This happened not to long ago to big banks and corporations that needed a bail out.
The sustainable view is that all money spends and when any level of consumer spending is effected there is an effect to everyone’s bottom line i.e. grocers, big box stores, pharmacies. mom and pops, corner stores, supermarket chains and then the next level of retail is effected – rippling effect.
When we consider the number of baby boomers who are taking care of their children’s children from fixed incomes there is a potential for financial strain overtime. This one step will have long-term effect on pockets in the economy and effect consumer spend and literally take a bite out of the economy.
- 47 million Americans face food stamp cuts Friday (fox13now.com)
- US ends food stamp benefits as Congress debates more cuts (lunaticoutpost.com)
- Biggest loser in federal food stamp cuts taking effect today could be Walmart, other retailers: How bad will it hurt the economy? (pennlive.com)
- Food Stamp Cut Reverberates Across Country (huffingtonpost.com)
- Cuts in food stamp benefits begin Friday (kansascity.com)