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20×102mm Vulcan
Biden Administration Admits Food Inflation Massive, Will Permanently Increase Food Stamp Payments 25 Percent and Expand Program
During our previous discussion on historic, predictable and purposeful food inflation, on August 13th CTH noted “BigAg has likely already made deals for increases in government welfare payments (EBT and Foodstamps, WIC etc.). BigAg lobbies congress for higher reimbursement rates so they can raise the prices of food and export domestic product to other nations. Food assistance payments increase, and BigAg benefits. In essence, BigAg takes the fed food subsidies and fattens their profit margin. Then, they payback the politicians. It’s a circle of money.“….
If you know how the game is rigged, it’s actually easy to predict the background. Today, exactly on cue, several media outlets are now reporting that Joe Biden is going to increase the amount of food stamp assistance by 25% per recipient, and expand the program.
New York Times – WASHINGTON — The Biden administration has revised the nutrition standards of the food stamp program and prompted the largest permanent increase to benefits in the program’s history, a move that will give poor people more power to fill their grocery carts but add billions of dollars to the cost of a program that feeds one in eight Americans.
Under rules to be announced on Monday and put in place in October, average benefits will rise more than 25 percent from prepandemic levels. All 42 million people in the program will receive additional aid. The move does not require congressional approval, and unlike the large pandemic-era expansions, which are starting to expire, the changes are intended to last. (read more)
♦ First, the 25% permanent increase is an admission by the Biden administration that food price inflation is here to stay. The massive scale of the increase also highlights the actual reality of how much food prices are rising. This massive and permanent increase directly undercuts the previous White House and Biden claims that inflation was “temporary”, “transitional” and likely to end soon.
♦ Second, no massive increase for those on fixed-income social security. This does not go unnoticed and should anger everyone who is seeing their standard of living crushed by these insane Biden fiscal, monetary and economic policies.
♦ Third, now you can see the fingerprints of the background quid-pro-quo that led to the GOPe DeceptiCons agreeing to the massive “infrastructure spending bill.” I can guarantee you McConnell, Thune, Barasso, Ernst, Grassley and crew already knew this massive hike in foodstamp and SNAP assistance was coming. This was the deal that bought their votes. This is what the DeceptiCons got out of it.
theconservativetreehouse.com
During our previous discussion on historic, predictable and purposeful food inflation, on August 13th CTH noted “BigAg has likely already made deals for increases in government welfare payments (EBT and Foodstamps, WIC etc.). BigAg lobbies congress for higher reimbursement rates so they can raise the prices of food and export domestic product to other nations. Food assistance payments increase, and BigAg benefits. In essence, BigAg takes the fed food subsidies and fattens their profit margin. Then, they payback the politicians. It’s a circle of money.“….
If you know how the game is rigged, it’s actually easy to predict the background. Today, exactly on cue, several media outlets are now reporting that Joe Biden is going to increase the amount of food stamp assistance by 25% per recipient, and expand the program.
New York Times – WASHINGTON — The Biden administration has revised the nutrition standards of the food stamp program and prompted the largest permanent increase to benefits in the program’s history, a move that will give poor people more power to fill their grocery carts but add billions of dollars to the cost of a program that feeds one in eight Americans.
Under rules to be announced on Monday and put in place in October, average benefits will rise more than 25 percent from prepandemic levels. All 42 million people in the program will receive additional aid. The move does not require congressional approval, and unlike the large pandemic-era expansions, which are starting to expire, the changes are intended to last. (read more)
♦ First, the 25% permanent increase is an admission by the Biden administration that food price inflation is here to stay. The massive scale of the increase also highlights the actual reality of how much food prices are rising. This massive and permanent increase directly undercuts the previous White House and Biden claims that inflation was “temporary”, “transitional” and likely to end soon.
♦ Second, no massive increase for those on fixed-income social security. This does not go unnoticed and should anger everyone who is seeing their standard of living crushed by these insane Biden fiscal, monetary and economic policies.
♦ Third, now you can see the fingerprints of the background quid-pro-quo that led to the GOPe DeceptiCons agreeing to the massive “infrastructure spending bill.” I can guarantee you McConnell, Thune, Barasso, Ernst, Grassley and crew already knew this massive hike in foodstamp and SNAP assistance was coming. This was the deal that bought their votes. This is what the DeceptiCons got out of it.
Biden Administration Admits Food Inflation Massive, Will Permanently Increase Food Stamp Payments 25 Percent and Expand Program - The Last Refuge
During our previous discussion on historic, predictable and purposeful food inflation, on August 13th CTH noted “BigAg has likely already made deals for increases in government welfare payments (EBT and Foodstamps, WIC etc.). BigAg lobbies congress for higher reimbursement rates so they can...
theconservativetreehouse.com
