Probably won't happen. They will figure out some way to remedy this. For as much as the American media have been successful in making the ghetto black woman the welfare queen the halting of snap hurts a lot more than just them. It hurts the poor white woman who still recieve it more and it will tremendously hurt food markets all across the country who rely on snap customers at a significant rate. This might be a play from the trump administration to create the issue and become the solution and make himself more favorable to the American public. This happens the ramifications goes beyond just more theft in the hood. You playing with Walmart Walgreens jewels etc money now who already barely making it.
Walmart was trading at 84 dollars a share last year in November. Now it is trading at 107 dollars a share. That is literally all that matters to them.
The old economy is gone. Frankly I don’t even know why they bother advertising to us. They don’t need customers anymore, just investors. As long as stock buybacks remain legal, they will be fine.
Rich people dont spend their money the way you or I do. The vast majority of their money is stored in assets that appreciate or maintain value over time like government bonds, stock, precious metals and minerals, real estate. Literally all that matters now to a company is its ability to maintain its investors which it can do by literally just lying to them. Elon musk has been lying about self driving cars for 10 years. In November last year tesla was trading at 350 a share and now its trading at nearly 100 dollars MORE. It has gone UP in value despite not meeting or exceeding sales targets, not designing more affordable cars, and still having an extremely hated CEO. Why? Because rich people use its stock as a storehouse of value and they are extremely stupid and gullible and will believe anything someone in their economic clas tells them.
Even if Walmart were to start losing money and cant just boost the stock by buying it back, the government will bail them out because the precedent that a company can be "too big to fail" was set in 2008. 2008 was rich people's version of the great depression. Bush and Obama were their version of FDR because rather than letting those banks and the companies they were financing go out of business or nationalizing them, they gave them your money in the form of bailouts.
Trump will do the same thing and if any liberal is smart enough they will use that anger to fuel their own version of the tea party that rose up in reaction to the bailouts last time.
There is a reason children aren't taught about the stock market. Both parties realize they'd be fukking dead if people understood just how much influence it has on our politics and how corrupt our politicians are. It explains why they drag their feet on issues that are clear as day and have been long standing problems. It explains the terrible decisions businesses and CEOs make. The way you understood the economy(a company needs its customers to stay in business) only applies to small companies. It doesn't apply to the megacorporations like the "wall street magnificent 7" that are keeping the American economy afloat.
A lot of people want to panic about an a.i. bubble and the looming 'disaster' around that. The bubble will not pop because they're circulating their money between each other to keep it going. If somehow it does pop, the tariff money and your taxes will bail them out and let them keep going.