Discover and read the best of Twitter Threads about #Snap
Most recents (24)
Congress must act quickly to reach a #DebtCeiling agreement and avoid a catastrophic default, which would harm the economy and disproportionately hurt low-income households. No #DefaultOnAmerica
The #DebtCeiling deal announced over the weekend shows some progress BUT contains some very damaging provisions that would harm public health and well-being and the environment, especially in frontline communities and communities of color.
➡️docs.house.gov/billsthisweek/…
➡️docs.house.gov/billsthisweek/…
Congress should reject the egregious provision to move forward the Mountain Valley Pipeline, a project that would expand climate-damaging methane gas, pollute the local environment, and eliminate important legal protections for communities' health. #StopMVP
Thread: concerns based on emerging reports about #DebtCeiling bill. Before we dive in, important to remember, we shouldn't be here to begin with. House Rs have used the debt ceiling to hold the nation’s economy hostage to demands for damaging policies.
While the #DebtCeiling agreement appears to be much improved over the radical House bill, that’s not the bar.
Based on reports, the agreement appears to put #SNAP benefits at risk for people ages 50-54 who count on them – a group with high rates of health problems. We can’t fully assess until details are released, but this risks increasing poverty among this group. 
House Republicans have tried to make those who can’t afford food, rent, or health care pawns in their debt-ceiling hostage-taking scheme. @POTUS and members of Congress must not go along.
.@POTUS has repeatedly committed to reject any legislation that increases poverty or would negatively impact people’s health. Now is the moment to deliver on those commitments. #DebtCeiling
🧵 on #SNAP #Medicaid #SafetyNet #WorkRequirements
* Just because you want a job, doesn’t mean anyone will hire you.
* No evidence making someone hungrier/sicker, helps them get/keep a job or get more hrs at work.
* Significant maj of ppl who’re poor have income from work. (1/8)
* Just because you want a job, doesn’t mean anyone will hire you.
* No evidence making someone hungrier/sicker, helps them get/keep a job or get more hrs at work.
* Significant maj of ppl who’re poor have income from work. (1/8)
* Even among workers substantially employed, 1 out of every 10 does not earn enough to lift their family above the FEDERAL poverty line. These people will have to take TIME OFF WORK in order to submit proof that they are working. It’s the #KeepingYouFromWorkRequirement. (2/8)
* Often, ppl working the hardest and longest hours need the help the most, but have erratic schedules, lack transportation and broadband, and/or are denied worker protections that are supposed to guarantee they receive a pay stub necessary to prove work, so fail to do so. (3/8)
#GreatNews! #SummerEBT is coming to California, after a decade of tireless advocacy led by @fractweets and the Western Region anti-hunger community #WRAHC
#Thread 🧵 on why this is so significant to fight child #hunger..
@Jess_Bartholow @ClaireCLane @cj_wong @GutierrezItzul
#Thread 🧵 on why this is so significant to fight child #hunger..
@Jess_Bartholow @ClaireCLane @cj_wong @GutierrezItzul
Congress passed #SummerEBT #SEBT in December, and states can start operating the program in Summer 2024.
Learn more on the federal law and state options from @fractweets: frac.org/summer-ebt
Get ready for really exciting #CAleg #CAbudget news..
Learn more on the federal law and state options from @fractweets: frac.org/summer-ebt
Get ready for really exciting #CAleg #CAbudget news..
@fractweets .@CASenateBudget @CASenateDems @NancySkinnerCA @SenToniAtkins @SenatorMenjivar's #CAbudget plan calls to prioritize #SummerEBT!
This is huge b/c states have to split administrative costs!
sbud.senate.ca.gov/sites/sbud.sen…
But things get even better..
This is huge b/c states have to split administrative costs!
sbud.senate.ca.gov/sites/sbud.sen…
But things get even better..
📸 #Snap releases Q4 #earnings after US markets close today.
A conference call is scheduled at 1430 PT (1730 ET).
Here is a 🧵 on what to expect...
A conference call is scheduled at 1430 PT (1730 ET).
Here is a 🧵 on what to expect...
🐦 #Snap was the canary in the coal mine last earnings season, when growth stalled to its slowest pace on record.
👁️ That was followed by disappointing results from fellow #advertising stocks like #Meta and #Alphabet - with both #stocks due to report later this week.
👁️ That was followed by disappointing results from fellow #advertising stocks like #Meta and #Alphabet - with both #stocks due to report later this week.
🐌 The slowdown will continue this quarter, with revenue set to grow just 0.5% - marking the slowest pace since Snap went public back in 2017.
אתמול סיירנו ב @MITMuseum למדע. מקום מדהים, 100% מדע. מראים שם ניסוי שעשו לאחרונה בו בוצע קרב אויר בודדים (מטוס נגד מטוס) שהתחיל בשיוויון מלא חליפת H.O. ב 450 קשר בגובה 12,000 רגל. בין מטוס שהוטס ע"י טייס @USNavy מנוסה כנגד מטוס שהוטס ע"י טייס #ArtificialIntelligence_AI.
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...ה #AI תוכנת עם 3 מודי פעולה אותם הפעיל לפי שיקול דעתו, #Acquisition (טיסה לעבר זנב המטוס היריב), #Snap (הקטנת הזווית בין נתיבים לקראת ירי), #Tracking (ירי תותחים). כל מהלכי הקרב מנותחים בתצוגה. טייס ה #AI ניצח (בכחול בתמונה).
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The @ensdomains protocol is without a doubt one of the most important public goods to have been built for the ecosystem.
Without it, we would still be stuck in the primitive days of using (and squinting) at “0x2345..” addresses: one oopsies and your assets could be gone!
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Without it, we would still be stuck in the primitive days of using (and squinting) at “0x2345..” addresses: one oopsies and your assets could be gone!
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However, with increasingly common practice of associating your social profiles with a .eth domain, as well as the ease of examining any ENS name using a block explorer, this is incredibly troublesome for privacy UX!
This is something @ChainSafeth Solutions set out to solve.
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This is something @ChainSafeth Solutions set out to solve.
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Begging the question: “Exactly how do we preserve the convenience of ENS names without sacrificing a user’s privacy?”
After a few trials, we settled on a potential solution with the aid of the L2 zk-rollup @aztecnetwork and zk.money.
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After a few trials, we settled on a potential solution with the aid of the L2 zk-rollup @aztecnetwork and zk.money.
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THE ROCK has 4 Diamonds
What are they & why is this relevant? #
All for A Buck
What are they & why is this relevant? #
All for A Buck
Replica Diamonds
Congrats, I heard you won $61bn in the lottery
Thanks, I guess inflation has some benefits
What are you going to buy?
I’m thinking shares, I don’t like the negative real yields of bonds & cash
but I’m worried about the macro outlook, so I want the latest info
Well let’s
Thanks, I guess inflation has some benefits
What are you going to buy?
I’m thinking shares, I don’t like the negative real yields of bonds & cash
but I’m worried about the macro outlook, so I want the latest info
Well let’s
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take a look at 2 companies that reported on Thursday night to see what’s on offer
For $61bn, you could buy 100% of Freeport-McMoran, (#FCX ) the world’s 3rd largest copper miner
sounds interesting, I know EVs use lots of copper
Revenue for trailing 12 mths (TTM) was $25bn
take a look at 2 companies that reported on Thursday night to see what’s on offer
For $61bn, you could buy 100% of Freeport-McMoran, (#FCX ) the world’s 3rd largest copper miner
sounds interesting, I know EVs use lots of copper
Revenue for trailing 12 mths (TTM) was $25bn
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Operating income was $9.6bn (GAAP)
and Free Cash Flow (FCF) was $5.6bn
~ 10% FCF yields sound great
Yes, but copper prices are high so maybe earnings aren’t sustainable
Ok, what do management think?
CEO - “The case for copper as a commodity is strong. I've been saying
Operating income was $9.6bn (GAAP)
and Free Cash Flow (FCF) was $5.6bn
~ 10% FCF yields sound great
Yes, but copper prices are high so maybe earnings aren’t sustainable
Ok, what do management think?
CEO - “The case for copper as a commodity is strong. I've been saying
I get asked by young #entrepreneurs what is the cost and the output of R&D activities and how long would it take to reach certain milestones? There is considerable variability in the amount of investment in R&D needed to generate a patentable #invention 1/7 🦋
When we started @Metamaterialtec with @timaras we found that #IBM spent about $6 billion on R&D in 2011 and generated 6,146 patents, implying an average R&D cost per patent of $976,000. At same year #Qualcomm, spent $2.3 billion on R&D and generated 1,000 patents, 2/7 🦋
implying an average R&D cost per patent of $2.3 million. #DuPont spent $1.4 billion on R&D and generated 500 patents, implying an average R&D cost per patent of $2.8 million. Even when companies have access to this amount of cash, it takes several years to develop new tech 🦋 3/7
This week, our #GOPCThread is taking a look at the recently announced recipients of the first-ever Transformational Mixed-Use Development Tax Credits, or #TMUD, which were announced last week by the state
#TMUD provides a tax credit against development costs incurred during the construction of a
project that will be a catalyst for future development in its area. Development includes new construction and/or improvement of vacant buildings…
project that will be a catalyst for future development in its area. Development includes new construction and/or improvement of vacant buildings…
that will have a major economic impact on the site & the surrounding area. This development must be a combination of retail, office, residential, recreation, structured parking, & other similar uses into one mixed-use development. Projects may be either the entire development...
What the Child Tax Credit fight says about America - @DrRichBesser & @DAcevedoGarcia - The Hill bit.ly/3Kxdq1U
#ChildTaxCredit #InvestInKids #CutChildPoverty (1)
#ChildTaxCredit #InvestInKids #CutChildPoverty (1)
On Child Tax Credit expiration:
“no help came this past week because we let the expanded credit expire during an unprecedented surge in COVID-19 cases and hospitalizations, and with prices rising on everything from groceries to utility bills.” - @DrRichBesser @DAcevedoGarcia (2)
“no help came this past week because we let the expanded credit expire during an unprecedented surge in COVID-19 cases and hospitalizations, and with prices rising on everything from groceries to utility bills.” - @DrRichBesser @DAcevedoGarcia (2)
“The expanded credit kept at least 3 million children out of poverty every month between July and November, leading to a 30 percent decline in child poverty rates overall.” - @DrRichBesser @DAcevedoGarcia
#CutChildPoverty (3)
#CutChildPoverty (3)
All my pictures in full length.
[A THREAD]
#WritingCommunity #Writer #Author
#Writing #WritersLift #WritersLife
#Books #Reading #Poetry #Creative
#Photos #Selfie #Snap #Memories
#Rizzeditions #rtItBot #rtArtBoost
[A THREAD]
#WritingCommunity #Writer #Author
#Writing #WritersLift #WritersLife
#Books #Reading #Poetry #Creative
#Photos #Selfie #Snap #Memories
#Rizzeditions #rtItBot #rtArtBoost
File Under Not “Substantial Further Progress” Mr. Powell...
Americans on Food Stamps vs Population
2021: 42m vs. 333m
2001: 16m vs. 285m
*2013 high was 47m vs. 36m in 2019.
#USDA US Census, NYT #SNAP data
Americans on Food Stamps vs Population
2021: 42m vs. 333m
2001: 16m vs. 285m
*2013 high was 47m vs. 36m in 2019.
#USDA US Census, NYT #SNAP data
*U.S. HOUSEHOLD NET WORTH ROSE $5.8 TLN IN 2Q TO FRESH RECORD
*Food stamp recipients are nearly 6m above 2019 levels.
% of Americans on SNAP Program
2021: 12.6%
2001: 5.6%
#Sustainability
*Food stamp recipients are nearly 6m above 2019 levels.
% of Americans on SNAP Program
2021: 12.6%
2001: 5.6%
#Sustainability
Household Wealth
Stocks % of Total Assets
US: 36%
China: 11%
Japan: 11%
UK: 8%
Australia: 8%
Germany: 7%
Canada: 7%
*China, Australia, Canada: real estate is 62-57% of the pie vs 23% in the US.
*JPM data
via @BearTrapsReport
Stocks % of Total Assets
US: 36%
China: 11%
Japan: 11%
UK: 8%
Australia: 8%
Germany: 7%
Canada: 7%
*China, Australia, Canada: real estate is 62-57% of the pie vs 23% in the US.
*JPM data
via @BearTrapsReport
Running a community-based food org during the pandemic has made me painfully aware of our existence as both part of the solution and part of the problem within the food system, linked to the charitable network. What I'm guided by is our roots in mutual aid(🧵):
A lot of critics will say that being part of the charitable food network take a huge role in capitalist economy, that we avoid advocating for systemic anti-poverty solutions like raising the minimum wage and universal healthcare, that is not true in my case
.@polospantry was born out of a need to stabilize the food resources for outreach groups working with our unhoused communities, it has since expanded during covid, but we focused on mobilizing OTHER mutual aid groups so they can get their programs off the ground quickly
Some light reading this evening. Some interesting facts:
#SNAP enrollment was associated w/ decreases in
- risk of chronic disease
- risk of cost-related meds among adults w diabetes
- hospitalizations + nursing home placements among older adults
- hypertension
- hypoglycemia
#SNAP enrollment was associated w/ decreases in
- risk of chronic disease
- risk of cost-related meds among adults w diabetes
- hospitalizations + nursing home placements among older adults
- hypertension
- hypoglycemia
#SNAP capacity in positive outcomes limited in following populations:
- ppl w incomes above eligibility threshold
- undocumented
- In CA, beneficiaries of SSI - low-income older adults, adults with disabilities— not eligible*
- ppl w incomes above eligibility threshold
- undocumented
- In CA, beneficiaries of SSI - low-income older adults, adults with disabilities— not eligible*
*SSI recipients used cash benefits for food expenses, but this value has NOT increased over time.
Thus, many SSI recipients who were otherwise eligible for #SNAP bc of low household income were excluded in CA. (!!!)
Thus, many SSI recipients who were otherwise eligible for #SNAP bc of low household income were excluded in CA. (!!!)
**new research**
Using enrollment histories for 14m #SNAP recipients in CA between 2005-2020, I show:
• Periodic paperwork burdens lower participation, but improve targeting.
• For every one ineligible household screened out, three eligible households also leave.
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Using enrollment histories for 14m #SNAP recipients in CA between 2005-2020, I show:
• Periodic paperwork burdens lower participation, but improve targeting.
• For every one ineligible household screened out, three eligible households also leave.
1/N
Most SNAP recipients in CA must verify their eligibility every 6 months. This entails filling out a multi-page form, providing proof of income, identifying household members, reporting how much you spend on certain expenses, and in some cases, completing an interview.
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Recipients are six times more likely to leave the program in these reporting months than in non-reporting months.
Almost half of new SNAP recipients in CA don't remain enrolled past their first eligibility screen.
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Almost half of new SNAP recipients in CA don't remain enrolled past their first eligibility screen.
3/N
#UPDATE
So I fought to get my #SNAP benefit reinstated after DeJoy was responsible for hundreds of Philadelphians losing their food stamps because the mail is utterly f*d here. I wrote this ↘️ thread📌about it.
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So I fought to get my #SNAP benefit reinstated after DeJoy was responsible for hundreds of Philadelphians losing their food stamps because the mail is utterly f*d here. I wrote this ↘️ thread📌about it.
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I had to go to all my editors and request that they write a letter saying how much I make a month. Because getting poor people to grovel is part of the process. So the great news is on New Year's Eve day I finally spoke to someone who just let me foward the letters via email.
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As of today, my food stamps have been reinstated for January. I lost November and December benefits, but this is good news and I wanted to share it. We aren't supposed to talk about #poverty--my mother taught me to hide it. But 1 in 3 Philadelphians is poor. I am one of them.
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I want to see USPS's DeJoy brought before a House committee and jointly reamed by Katie Porter, AOC and Ayanna Pressley. I am one of hundreds of Philadelphians whose #SNAP renewals didn't get through the Philly mail system on time and got kicked off.
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This is food, folks. We all have to re-do our applications (which was hard enough the 1st time because the govt doesn't want poor people to access help). I have already lost Nov and Dec benefits. 28% of Philadelphians live below the poverty level--we are the poorest big city.
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I mailed my renewal in mid-October. It arrived last week. The post office is literally a mile from the county assistance office. And all the offices have been closed since the pandemic, so it's not like you can drop stuff off at the office.
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This is the #DemPartyPlatform for 2020. This part is called: RESTORING AND STRENGTHENING OUR DEMOCRACY: Guaranteeing Self-Determination for Puerto Rico
Only one party understands that the unequal treatment of Puerto Rico’s residents must end. 1/10 #PuertoRico
Only one party understands that the unequal treatment of Puerto Rico’s residents must end. 1/10 #PuertoRico
The people of Puerto Rico deserve self-determination on the issue of status. 2/10 #DemPartyPlatform #PuertoRico
#Democrats are committed to helping the island rebuild and recover from the devastation wrought by Hurricanes Irma and Maria and the recent earthquakes. 3/10 #DemPartyPlatform #PuertoRico
THREAD📌
These middle of the night incursions on the psyche are so definitive of both COVID & Trump. I read in the dark. As a child I did this, flashlight under the covers. I really ache to return to some level of intellectual & psychological normalcy in a new administration.
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These middle of the night incursions on the psyche are so definitive of both COVID & Trump. I read in the dark. As a child I did this, flashlight under the covers. I really ache to return to some level of intellectual & psychological normalcy in a new administration.
1/x
The past 5yrs have been devoted to fighting Trump and everything he's wrought on my intersecting communities: queer, disabled, poor, my mixed race family, my Black neighborhood. It has been overwhelming, leaving no space to breathe and take in new intellectual challenges.
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This is the #DemPartyPlatform for 2020. This section is called: Ending Poverty Only one party has a specific plan for ending the scourge of poverty for poor and #WorkingAmericans..the other has a loyalty oath to a corrupt billionaire 1/9
In the wealthiest country on earth, it is a moral abomination that any child could ever go to bed hungry. 2/9 #DemPartyPlatform #EndPoverty #HungerInAmerica
#Democrats will increase funding for food assistance programs, including #SNAP, #WIC, and school meals. We will also remove barriers that keep the formerly incarcerated from accessing food assistance.3/9 #DemPartyPlatform
