By Jack Phillips U.S. Department of Agriculture (USDA) officials on Saturday told states to “undo any steps” that were taken in recent days to disperse full Supplemental Nutrition Assistance Program (SNAP) benefits for November. In a memo, the agency told states to release only 65 percent of SNAP benefits, known as food stamps, during the […]
Tag: Economic bifurcation
Economic bifurcation is a term for an economic system or market splitting into two distinct and often divergent parts. This can be seen in different ways, such as a corporate split, a divergence in consumer spending habits between high and low-income groups, or a split in market trends where some areas boom while others stagnate. The core concept is a split or fork in the road that leads to fundamentally different outcomes.
