The assumption here and in Wagner’s column, that money obtained from cash machines is spent where the machines are located, is not correct. Otherwise, many consumers would spend their cash at banks.

While some EBT withdrawals no doubt go to escapist activities, in some areas, residents may have little choice of where they obtain cash. Less affluent areas have less access to bank branches and grocery stores, for example. The “sin” establishments, more likely located in poor neighborhoods, stay open late and provide a measure of security for the privately owned machines.

My company was located in an urban area where there were lots of places to eat and shop within a few blocks, but the nearest bank cash machine was a half mile walk away, while a porn store had a machine just around the corner. Employees complained, but that’s the one they used.

I was going to point that out, but already a little over in my word count, so thank you!

And that comment is from me, Krystyn Hartman, not Bob. (I need to get the name changed on my online subscription!)