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Ledicarus Reveals The Ludicrous
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Includes the personal opinions of Kevin M. Klerks
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Orange Man Bad Take Away Food Stamps

12/9/2019

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Orange Man Bad cuts food stamp program back, but look who really suffers. Retailers collect $Billions off those using food stamps. Imagine what would happen if the retailers just paid more than $7.25US or even better provided better benefits like day care and lower health care costs.
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It takes patience but if you read between the leftist mob rhetoric you can see the effects siphon out those who spend Years on the program, have income/assets over $35,000/yr or don't work in places of low unemployment.

The Business Insider's varying reporting styles, first "millions affected" https://www.businessinsider.com/food-stamp-eligibility-proposal-may-negatively-impact-food-security-2019-7

or wait "700,00 affected" I'm guessing they meant 700,000 (less than 1 million)
https://www.businessinsider.com/walmart-target-impact-from-trump-food-stamp-changes-2019-12

No wait, now it's "3.7 Million" https://www.businessinsider.com/proposed-trump-administration-rules-affect-millions-snap-food-stamps-study-2019-12

We could have only hoped on this one (SARCASM)
https://www.businessinsider.com/alexandria-ocasio-cortez-blasts-trump-for-cuts-to-food-stamps-2019-12

Oops, now it's "3.1 Million could be affected" https://www.businessinsider.com/usda-rule-could-affect-31m-food-stamp-recipients-2019-7

At one point they stuck to the facts but I guess it wasn't getting Hits https://www.businessinsider.com/trump-administration-tightens-food-stamp-work-requirements-2019-12

Notice how they demonize Trump by showing a closeup of him eating food (while so many will now "starve") could it be because the article digs into the facts on how the program Might change https://www.businessinsider.com/trump-budget-changes-snap-food-stamps-2018-2

The evil 'loophole' catches those bending the rules to become "eligible" when they shouldn't be. Orange Man Bad! https://www.businessinsider.com/trump-proposal-seeks-to-crack-down-on-food-stamp-loophole-2019-7

"bad news for Walmart" - "Walmart International's net sales amounted to 120.82 billion U.S. dollars in the 2019 fiscal year. Walmart's total net sales amounted to about 510.33 billion U.S. dollars in the same fiscal year. Walmart's ecommerce revenue in 2017 added up to more than 14 billion U.S. dollars.
"

https://slate.com/business/2014/08/how-much-walmart-gets-in-food-stamp-dollars-the-answer-may-be-forthcoming.html

They don't point out that these people will still end up shopping at Walmart, it's just the company will have to work harder to attract the revenues (better wages, lower prices, etc) instead or receiving guaranteed kickbacks from the US government (this was in 2017 btw) https://fortune.com/2017/06/30/walmart-food-stamp/

"bad news for Target" - "Target had revenues of 77 billion U.S. dollars in the United States in 2019. The company's U.S. revenue was forecast to be 85.98 billion U.S. dollars in 2025."

I am no expert but I think both companies will "manage" with changes to the food stamp program revenues they receive.
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