Krombopulos Michael said:
You forgot to add the meat of that tweet....
Quote:
"We are spending $405 million a day on SNAP. About 10% is going to sugary drinks. If you add candies to that, it's about 13% to 17%.
$40MM a DAY on sugar water.....
Wow just did calculations for a whopping 14.6 billion a year that the tax payers are subsidizing the drink market at about 5% and the ingredients behind them. As well as the supermarkets.
3% for candies is 12.15 million dollars per day for a total of 4.434 billion per year
7% for candies is 28.35 million dollars per day for a total of 10.348 billion per year a staggering 9% of the confectionary market as stated with the number below
From Grok
The U.S. soft drinks market, which includes sugary drinks like regular soda, fruit drinks, sports drinks, energy drinks, and sweetened coffee/tea beverages, was valued at approximately $286.25 billion in 2023. Projections estimate it will grow to around $601.04 billion by 2033, with a compound annual growth rate (CAGR) of 7.7% from 2024 to 2033. Specifically for sugary soft drinks, the market was valued at $35.4 billion in 2024, with forecasts suggesting it will reach $41.7 billion by 2035 at a CAGR of 1.5%. These figures reflect retail sales across various channels, including supermarkets, convenience stores, and foodservice outlets
In 2023, U.S. confectionery sales reached $48 billion, with chocolate accounting for $19.3 billion, non-chocolate candy (like gummies and hard candy) at $21.7 billion, and gum and mints at $4.1 billion. Projections estimate sales will hit $61 billion by 2028, driven by consumer demand for treats despite inflation. Halloween alone accounted for $3.5 billion in candy sales in 2024, with about 96% of households purchasing candy for the holiday. Americans consume roughly 22-24 pounds of candy per person annually, with Halloween making up about 25% of yearly candy sales.
i notice there is no breakout for chips and crackers and I am sure that is just as high
I collect ticket stubs! looking for a 1944 orange bowl and 1981 independence bowl ticket stub as well as Aggie vs tu stubs - 1926 and below, 1935-1937, 1939-1944, 1946-1948, 1950, 1953, 1956-1957, 1959, 1960, 1963-1966, 1969-1970, 1973, 1974, 1980, 1984, 1990, 2004, 2008