90 Miles From Tyranny : Biden Administration Admits Food Inflation Massive, Will Permanently Increase Food Stamp Payments 25 Percent and Expand Program

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Monday, August 16, 2021

Biden Administration Admits Food Inflation Massive, Will Permanently Increase Food Stamp Payments 25 Percent and Expand Program

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)
This announcement is actually revealing in more ways than just the predictability of it.

♦ 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.

However, to that point… remember, in order for leftist ideologues (Alinskly types) to continue advancing their ideological belief systems they have to pretend not to know things. They pretend not to know inflation is higher than it is, because they must continue making claims that are counter to the reality around us.

♦ 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.

Part of the lobbying in the food industry by BigAg multinationals is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC, these multinational corporations get congress and policy-makers to expand the basis of who can use Food Stamps, EBT and SNAP benefits (state reimbursement rates). Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers (BigAg Multinationals) can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to...

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Luddy said...

But screw the rest of us

Bear Claw Chris Lapp said...

Foxnews.com headline yesterday said 30 percent increase. When's the last time you got a raise that big.