More than 400,000 people in AZ have lost their SNAP benefits since last July, far outpacing the rest of the country. This may be due to the Big Fugly Bill becoming law and AZ’s aggressive implementation and focus on lowering their error rate to avoid penalties. Many experts are suggesting that AZ is a bellwether for what’s to come across the country.
Trump’s One Big Beautiful Bill Act imposes stricter food stamp work requirements and shifts a larger share of the costs to states. Arizona’s swift implementation has made it more difficult to apply and caused nearly half of recipients to lose...
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You down with CBPP?
https://www.cbpp.org/research/food-assistance/snap-tracker-people-are-losing-food-assistance-as-the-republican-megabill
As has been mentioned in another post today, consumer sentiment fell to a record low. How low can it go?
Some thread necromancy here:
Consumer Sentiment just hit a new ATL (all-time low).
The war in Iran is the tail that wags the dog so I DO NOT necessarily see this as a strong buy signal. We could be even lower next month if this “pause” does not become a real cease fire.
Also:
From the April low, ya. If we are measuring from a May low, not likely - but again, it is an average.
The S&P 500 surged nearly 39% on a total-return basis from the April 2025 low through the end of that year.
Our consumer driven economy is fixin’ to see some hard times, when holdin’ it together ain’t gonna be easy.
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