Thursday, September 15, 2022

BIDENOMICS - POVERTY SPREADS ACROSS AMERICA - EVEN THOSE LIVING ON WALL STREET APPLY FOR SNAP

 

Fed Planning MAJOR ECONOMIC RESET (Prepare for 50% Declines)

https://www.youtube.com/watch?v=QTr816wHG10 


‘Disgraceful’: Army Tells Soldiers to Fight Inflation with Food Stamps

Soldiers from the U.S. Army's 3rd Brigade Combat Team, 1st Infantry Division, salute during the playing of the Star Spangled Banner during a homecoming ceremony in the Natcher Physical Fitness Center on Fort Knox on February 27, 2014 in Fort Knox, Kentucky. About 100 soldiers returned to Fort Knox after …
Luke Sharrett/Getty Images, File
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The Army’s top senior enlisted leader, Sergeant Major of the Army Michael Grinston, is encouraging soldiers to apply for food stamps, among other measures, as they face difficulties fighting inflation under the Biden administration.

“With inflation affecting everything from gas prices to groceries to rent, some Soldiers and their families are finding it harder to get by on the budgets they’ve set and used before. Soldiers of all ranks can seek guidance, assistance, and advice through the Army’s Financial Readiness Program,” Grinston said in a message to soldiers posted on Army websites at least since last month.

In the message in which he advises soldiers on where they and their families can seek financial help, he wrote, “SNAP is a U.S. government program that provides benefits to eligible low-income individuals and families via an electronic benefits transfer card that can be used like a debit card to purchase eligible food in authorized retail food stores. Service members and their families may be eligible.”

The U.S. is facing historic levels of inflation not seen since the 1980s. The cost of food is up by 13.5 percent, despite the Biden administration celebrating the so-called “Inflation Reduction Act” this week.

Grinston’s guidance to soldiers also comes as the Biden administration has sent billions of financial assistance to Ukraine for its war with Russia and prepares to request $13.7 billion more.

Defense Secretary Lloyd Austin earlier this week in Germany was asked to explain to American taxpayers why Congress should approve more money for Ukraine given the country’s “precarious” economic situation.

Austin said twice that he appreciated the expectation for a rationale but did not answer the question directly.

Mackenzie Eaglen, senior fellow at the American Enterprise Institute, and John Ferrari, a retired U.S. Army major general, recently wrote in an op-ed in the Wall Street Journal:

The Defense Department’s flat-footed response to inflation will result in a real—and cumulative—pay cut for service members. This won’t ease the crisis in military recruiting. The armed forces are likely to miss recruitment targets again next year, and therefore shrink at a time of heightened global risks.

Although the House and Senate have added money in their defense bills, $7.1 billion and $21.2 billion respectively, raging inflation means troops and their families will lose $8.7 billion in buying power this year. Since January 2021, service members will have received a 3% raise (2021), a 2.7% raise (2022), and a 4.6% raise (2023 projected)—but none of these will let them clear inflation. Uniformed personnel are facing a real pay cut of 12.5% by our estimate.

Republican lawmakers blasted Grinston’s suggestion that soldiers go on food stamps to survive inflation.

Rep. Brian Mast (R-FL), an Army veteran and double amputee, tweeted Thursday: “This is absolutely pathetic. This Administration is running our military and our country into the ground.”

Rep. Dan Bishop (R-NC) blasted Grinston for advising soldiers to apply for food stamps, tweeting, “This is disgraceful, and a direct result of Biden’s inflationary policies. Vaccine mandates have already shattered the careers of so man soldiers — how much more will Biden do to add insult to injury?”

Arizona Senate candidate Blake Masters (R-AZ) noted that while soldiers are advised to go on food stamps, taxpayers were paying for illegal aliens to be ferried around the U.S. at “enormous taxpayer expense.”

Van Hipp, chairman of American Defense International, Inc. and former deputy assistant secretary of the Army, tweeted, “This is real and sad.”

“The U.S. Army is telling soldiers to apply for Food Stamps to help cover rising costs from #inflation. This should tell all you need to know about the real impact of inflation on the lives of the American people,” he tweeted.

Jason Church, Afghanistan veteran and chairman of Veterans on Duty, tweeted, “Inflation is so bad, the US Army is pushing food stamps for soldiers. Seriously. Why does the most well funded military on the planet need additional public funds to feed soldiers & their families? The priorities of the White House & Pentagon are out of whack.”

Allen West, executive director of American Constitutional Rights Union and a retired Army lieutenant colonel, tweeted that it was “disgusting & unconscionable.”


Horror Of America's New Breadlines! The Cost Of Living Is Pushes More People Into Poverty




The horror of breadlines is back in America. Food banks all over the country are being overwhelmed by a massive surge in demand as the cost of living crisis continues to push more people into poverty. Food lines are getting increasingly longer as prices of everyday necessities rise much faster than people’s incomes. Even though authorities say that inflation is easing, for millions of hard-working Americans out there, it certainly doesn’t feel that way. The price of most of the goods we buy and consume on a daily basis is going up at a much brisker pace than official inflation numbers suggest, and people from all over the U.S. are seeing their lifestyles be absolutely eviscerated by soaring living expenses. That’s why an increasing number of them are turning to food banks. The bad news is that many charities are starting to send people away or closing doors altogether because they don’t have enough supplies for everyone. From coast to coast, demand for food assistance is rapidly growing. Even in rural locations, such as northwest Montana, food banks are witnessing an unprecedented surge in the number of families in need of help.  In the Flathead region, pantries are struggling with emptier shelves and scarcer donations while demand for their services continues to rise. “Our numbers have definitely been increasing,” Ann Bohmer, co-manager of the Columbia Falls Food Bank, said. “[There’s been an] influx of people and a shortage of supplies.” According to Bohmer, the food bank is now overwhelmed by the level of demand it is experiencing, but the problem of stressed and understocked pantries is not unique to Montana. Unfortunately, the same thing can be said for numerous other facilities across the country. With food and gas prices skyrocketing, Americans are being forced to pinch pennies and limit purchases. In August, grocery prices increased 10.8% compared to a year ago. And while bills are getting higher, lines at food banks are getting longer.  Sadly, higher costs and supply chain constraints are forcing dozens of U.S. food banks to either shut down or reduce services at a time when they are needed the most. Recent reports describe that food shortages and grocery inflation led several “charitable nonprofits to shutter, temporarily close, or reduce services.” Even some of the world’s wealthiest nations aren’t being spared. In the UK, “four out of 10 Universal Credit claimants have admitted to missing meals over the summer in order to keep up with rising costs”. The saddest part of it all is that this is just the beginning. We’re being repeatedly warned that there will be widespread food shortages all over the globe next year. Even the head of the UN is alerting that there will be “multiple famines” in 2023. In the meantime, breadlines are getting longer and longer, while millions of acres of crops continue to get destroyed by extreme weather events all over the planet. For more info, find us on: https://www.epiceconomist.com/ And visit: http://theeconomiccollapseblog.com/

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