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Walmart Stumbles on SNAP; Warns of Lost Profits


Business  (tags: wal-mart, economy, government, congress, SNAP, Americans, money, consumers, business, politics, society )

Carrie
- 75 days ago - dailykos.com
Saw this headline across quite a few feeds this morning.... Can't say it enough... I told you so.The economic impact of the Republican decision, and all their attempts to rebuff Democrat's attempts to keep that SNAP option at a higher rate, is very real.



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Comments

GGmaSheila D. (89)
Saturday February 1, 2014, 1:28 pm
Have to renew my SNAP by Feb 8 to continue getting for march 1st. Going to be interesting, to say the least, how much more I'll be cut. Had two cuts last year, not expecting a few more this year. Sad to say, all my Congress people, Democrats, are lauding the new Ag bill going through...not one said aything about the SNAP cuts. Too many more cuts and I'll be moving to smaller place...I hate being at the mercy of people who have no mercy.
 

A F. (126)
Saturday February 1, 2014, 3:18 pm
thank you
 

Barry B. (17)
Saturday February 1, 2014, 3:26 pm
Poor babies at Walmart; remind me to shed a tear for them when I get a chance. What bothers me most about this is that they pay their employees with prepaid debit card issued by another one of those rip-off, steal-your-cookie banks that charge fees every time they use the card, a de facto trick to reduced employees' wages even more. Unless, of course, they use the card at Walmart. Sounds a lot like the old mining companies forcing workers to live in company housing at exorbitant rent and shop at the overpriced company store.
 

Elizabeth M. (62)
Saturday February 1, 2014, 3:39 pm
As one of the biggest funders to the Tea Party, Wal*mart is one of the few corporations responsible for putting the Tea Party Republicans in office. Ironic then that the Tea Party chose to repay the favor by costing a few Wal*mart executives their jobs, through the cutting of SNAP... Wal*mart should have lobbyied their friends much harder to shelve or vote against it. They and all other grocery chains now, should both advertise to the public and lobby the Senate, NOT to pass the Farm Bill with 8 billion of further cuts to that program...I do not feel for Walmart at all with the millions or billions the owners have made. And then to pay their employees with prepaid debit cards, which to avoid fees at banks, they are force to use the cards at Walmart. Thanks Carrie..
 

Lois Jordan (55)
Saturday February 1, 2014, 5:35 pm
Noted. Thanks, Cal. These behemoths like WalMart are going to cut off their noses to spite their faces.
 

Lois Jordan (55)
Saturday February 1, 2014, 5:36 pm
Oops...sorry....meant to thank you, Carrie. Fingers aren't working today.
 

Gloria picchetti (279)
Sunday February 2, 2014, 3:06 am
Oh the poor Waltons!
 

Kerrie G. (135)
Sunday February 2, 2014, 6:34 am
Noted, thanks.
 

edward jagusiak (18)
Sunday February 2, 2014, 12:37 pm
Boo Hoo.
 

Roger Garin-michaud (60)
Sunday February 2, 2014, 2:09 pm
noted, thanks
 

William & Katri D. (77)
Sunday February 2, 2014, 7:29 pm
They get what they dish out! They already have poor Produce, shelves empty, long line's, people know how the worker's are treated and the low wages. The taxpayer's are double taxed for the people qualifying for Aid and the Company qualifying for Aid hiring those people.Limiting hours and wages. They get what they dished out! Maybe the people are just tired of it!! Thank You Carrie
 

Susanne R. (248)
Monday February 3, 2014, 11:02 pm
Seems as though Walmart's board of directors shot themselves in the foot by supporting the Tea Party, which fought so hard to cut SNAP. I wonder if they'll expect to be subsidized by the government (i.e., the taxpayers) for their losses? It wouldn't surprise me in the least if they did.
 
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