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+--- Thread: Oh, SNAP! (/showthread.php?tid=275208)
Oh, SNAP! - btfc - 03-01-2023
Extended Supplemental Nutrition Assistance Program benefits ended:
https://www.fns.usda.gov/snap/changes-2023-benefit-amounts
https://www.bbc.com/news/world-us-canada-64802537
Re: Oh, SNAP! - Acer - 03-01-2023
SNAP households that also receive Social Security benefits may see a decrease in their SNAP benefits beginning January 2023 because of their higher Social Security benefit.
This is what keeps people in poverty. Income increases offset by support decreases. Net zero.
Re: Oh, SNAP! - bfd - 03-01-2023
One step forward, two steps back. But the financial disaster on the horizon will make this hiccup in support pale in comparison. When Jane and John Q Public are paying $25 for a dozen eggs and $5000 a month for rent in another year or so, we'll be calling today the Great American Days! Because they won't be getting any additional support.
It's practically guaranteed to get quite ugly.
Oh SNAP!
Re: Oh, SNAP! - DeusxMac - 03-01-2023
bfd wrote:
When Jane and John Q Public are paying $25 for a dozen eggs…
“1975 - Price of a dozen eggs: $0.88 - Inflation-adjusted price of 12 eggs: $4.79 – the highest in the past 50 yrs
2022 - Price of a dozen eggs: $4.25 - Inflation-adjusted price of 12 eggs: $4.25 – 4th highest in the past 50 yrs”
Somehow we managed to survive past 1975.
https://247wallst.com/special-report/2023/02/01/the-price-of-a-dozen-eggs-every-year-since-1973/
Note: 1975 was during the Republican administration of Gerald Ford
Re: Oh, SNAP! - SteveG - 03-02-2023
Repubs returning to their traditional values:::> Starve Lowly Peasants!
Re: Oh, SNAP! - Ted King - 03-02-2023
It's okay to not help poor people get the food they need... but don't dare cut federal subsidies to corporate farms. /s
Re: Oh, SNAP! - Blankity Blank - 03-02-2023
Median take home pay 1975 - $13,720/$74,632 buying power in 2022 dollars
Median take home pay 2022 - $54,132/ -$20,500
officialdata.org
First Republic
Re: Oh, SNAP! - Acer - 03-02-2023
Blankity Blank wrote:
Median take home pay 1975 - $13,720/$74,632 buying power in 2022 dollars
Median take home pay 2022 - $54,132/ -$20,500
officialdata.org
First Republic
Well, that partly explains how my high-school educated parents got a new car every few years in the 1970s. Of course, two-year-old cars were already rusting back then, but still...