3 ms·
If Buffett and Munger wanted,they could certainly point out that Coca-Cola and Pepsi both benefit from being on EBT/SNAP lists as acceptable foods to purchase,
by shrubble 3y ago
If Buffett and Munger wanted,they could certainly point out that Coca-Cola and Pepsi both benefit from being on EBT/SNAP lists as acceptable foods to purchase, and ask that soft drinks as a class of foods be removed.
Last I looked, about 9.5% of total EBT/SNAP money for food (that is, money from taxpayers that are supposed to help feed those in need properly) is spent on soft drinks. No person in need, needs soft drinks, especially when we have high rates of diabetes and obesity among the poor.
- bcrosby95 3y agoNo person in need needs anything in particular, but even dirt poor Charlie Bucket got a Wonka chocolate bar on his birthday.
- shrubble 3y agoHow many times a year do you estimate, that poor Charlie Bucket has a birthday?
- _smfg 3y agoJust because someone is in need doesn't mean they can't spend some money on soft drinks. This is classist. It's basically "because you're poor you don't deserve chocolate, because you're more likely to be obese". 9.5% of that money being spent on soft drinks is not the problem. The problem is the amount of processed garbage and sugar in most American food. Buying healthy food is unfortunately a privilege. To have the time to stay fit/healthy (whether going to the gym or taking walks) in this world of processed garbage is a privilege, because time is a precious resource that some people seriously cannot afford.