Subject: Re: Structural Goods Recession
SNAP spending will not go down. It won't be allowed to go down.

The only reason SNAP even came up on the political radar screen was the Schumer Shutdown.

SNAP spending represents about 10% of all grocery store spending.

There is a huge business and food industry constituency that needs SNAP aside from the actual recipients of the SNAP benefits.

It's the same thing with the free cheese in the 1980's, subsidized lunches in schools, and so forth.

It benefits the nominal beneficiaries, but it also benefits the food/agricultural industries.

Look what happened with the soybean tariffs.