Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

IbogaProject

(5,608 posts)

15. More than that as this effects the entire Grocery industry

Reply to Coldwater (Reply #3)

Thu Oct 23, 2025, 12:48 PM

Oct 23

Had to guess the effect but it will shrink the economy in some form. But then I checked the numbers and it is "only" just under $100 billion a year, around 0.33% of our annual GDP. Now I'd guess there is a multiplier effect, as folks spend the money, then the grocers pay for the food and employees and then the food producers get paid. So the multiplier might be 3 to 5 or more times over the course of the year. Then this has the chance to reduce GDP by 2% or more in knock on effects.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

bronxiteforever

24 replies

= new reply since forum marked as read

Highlight:

SNAP benefits won't be issued in November [View all] Coldwater Oct 23 OP

Build a ballroom, starve Americans GOP shits bronxiteforever Oct 23 #1

42 million Americans will be affected Coldwater Oct 23 #3

he is trying to make us all sick and homeless. rampartd Oct 23 #4

It appears so. 2naSalit Oct 23 #5

More than that as this effects the entire Grocery industry IbogaProject Oct 23 #15

Let them eat cake. COL Mustard Oct 23 #23

& no health care to treat New Years' starvation patients bucolic_frolic Oct 23 #2

Honestly, does anyone believe that the plan Bettie Oct 23 #6

Nope durablend Oct 23 #7

Secretly ....................... Lovie777 Oct 23 #8

Find the nearest food bank and send them a check. redwitch Oct 23 #9

Agreed Coldwater Oct 23 #10

I sent a check just before this news happened. BeyondTheVeilJack Oct 23 #24

How Much Do Grocery Stores Make? (Average Grocery Store Revenue Data 2025) cbabe Oct 23 #11

k&r n/t area51 Oct 23 #12

Really bad sh!t! electric_blue68 Oct 23 #13

41.7 millions Americans receive SNAP benefits...12.3% of the population. pecosbob Oct 23 #14

But we can afford $20 billion to help out a friendly leader in Argentina. patphil Oct 23 #16

Apparent $20 billion won't be enough Coldwater Oct 23 #21

Happy Thanksgiving, everyone.😡 Tanuki Oct 23 #17

Multiple states have issued alerts to SNAP recipients, warning that they may not receive November benefits if the Yo_Mama_Been_Loggin Oct 23 #18

Well, sorry, but someone has gold trinkets to buy and another case of Elmer's glue. Vinca Oct 23 #19

This is the president canetoad Oct 23 #20

MAGA thinks the blame will stick to Dems. maxsolomon Oct 23 #22