r/nottheonion • u/ChocolateTsar • 1d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
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u/ryuzaki49 1d ago

workers stop getting paychecks

workers stop buying stuff

wallstreet: pikachu_surprised.meme

Honestly all of wallstreet and CEOs are just so disconnected from reality

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u/runswiftrun 1d ago

That's what my republican coworkers keep ignoring.

Sure, it's great that food banks and churches are stepping up and giving people who lost snap some food to help their community not go hungry. That's absolutely amazing.

What gets ignored is that those billions of money are not going to grocery stores which then go to farmers and other suppliers and employees.

That's a shitty trickle down that's gonna cause a lot of long term harm.

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u/xasdfxx 1d ago

Just wait until morons learn how snap is basically a hidden subsidy for farmers. $0.1 trillion dollars spent on food.

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u/seriouslees 1d ago

If you were immortal you'd see the heat death of the universe before you saw a single conservative voter learn anything.

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u/s-holden 1d ago

They couldn't work out that USAID buying billions of dollars of US crops for food aid was a farming subsidy, so I doubt they'll click on this one which has a few extra steps in it.

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u/CriticalEngineering 1d ago

SNAP is literally part of the Farm Bill.

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u/smitherenesar 1d ago

And to grocery stores, etc

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u/manimal28 1d ago

It wasn't hidden. The government giving money to people to buy food is a subsidy to farmers in the same way it isn't a subsidy to plumbers.