Well that's just great for the stock market class, but there is not much going on for 50% who don't/can't afford that pleasure.
Like many I'm concerned about snap recipients being cut off, when the money is available. What's more concerning is why do so many Americans have to rely on snap.
many don't HAVE to.
like they could reasonably find a way to pay for food themselves. They choose to use SNAP to pay for food, so they can instead spend the money they have on wants, instead of needs.
many purposefully take fewer hours to avoid losing benefits. Look out west where they raised minimum wage, you saw employees requesting fewer hours.
too large of a percentage WANT to be on benefits. choose a lifestyle where others take care of them, instead of being responsible for themselves.
I think of it a bit as a snowballing problem. you have a "core" who do need SNAP, or other programs, to ever get food/help/whatever. then you have some edge cases who need it at times, whether its a reoccurring issue or just life sucked for a while. Then you have other edge cases who are right there on the border. both of those edge cases find it easier to remain on benefits, rather than seek a lifestyle that requires more work to generate the same results. some its the economy takes a dive, and they are pushed into it.
you take ALL of the various welfare programs and you are looking at different various "cores" and "edges". there are definitely some overlap, but each program is going to have its own separate "target", and its own separate "edge" cases. eventually people on one program are going to find their way onto others. that could be "naturally" - life sucks - but others choose it.
and then you take all those programs, and you multiply it by generations of users. kids see their parents living on "bennies" and that is what they do. its all they know. they are taught that by both family example, but likely local cultural trends, and even the government who says everyone is the victim of something. the result you get is a mix of "tall poppy syndrome" and "scarcity mindset". people who "have" to be on benefits because they never learned to take care of themselves. Its always weird to me that people want to make this a racial/inner city statement, the real world examples I know of were poor whites out in the boonies who sit on a lawn chair in front of their single wide waiting for the check to show up.
unfortunately the system is designed to make sure people can't take care of themselves. look at schools. how many home ecc or woodshop classes now? was anyone ever taught how to balance a check book? or how taxes ever work? schools don't teach people to be independent, and for those with limited options they find it reinforced that they must rely on the system.