This morning 875,000 South Carolinians woke up to something other than an earlier sunrise than they had last week. They woke up to having less food to eat every month. SNAP (the Supplemental Nutrition Assistance Program formerly known at food stamps) saw an automatic cut on Friday because of the inability for Congress to get its act together to continue a slightly higher level of benefits enacted in 2009.
But if you don’t think this SNAP reduction affects you, you’re wrong. Anytime you take money from Main Street you hurt local economies. Since SNAP funds are used to buy food, nationwide that is a $5 billion loss to retailers and to our agriculture industry. For South Carolina that is a $93 million direct loss to the economy. But it’s more than that because it doesn’t count the churning effect of money.
So if you don’t care about having more hungry children and vets in South Carolina and the nation, you should still be concerned about the impact of SNAP reductions on our economy.