Obama Food Stamps are Economic Stimulus...OK

HonestChieffan · 08-16-2011, 07:22 PM

http://randysroundtable.blogspot.com...-stimulus.html

Is there no limit to what these people will say...a week ago, unemployment benefits create jobs, this week its food stamps.

**banyon** · 08-16-2011, 07:28 PM

What do you think happens with the people buying groceries on food stamps if there were no food stamps? What would happen to the grocery store's sales? Would the grocery store have to hire more or less people after the change?

Literally, it is stimulative. Is it good policy? That's a different question. But claiming it doesn't have stimulative effects is just economically backwards wrong.

listopencil · 08-16-2011, 07:31 PM

War is peace, freedom is slavery, ignorance is strength.

suzzer99 · 08-16-2011, 09:01 PM

Unlike rich people, poor people spend every spare dollar they have here in the US. And we do live in a consumer-based economy. So money given to the poor to spend on food is guaranteed to equal more money spent on consumption.

Like banyon said, you can argue that it's bad policy, not worth it in the long run, etc. But to argue that it's not stimulative just shows total ignorance of economics.

HonestChieffan · 08-16-2011, 09:13 PM

Obama's economic policies then are good for America. More poor folk on unemployment and food stamps is good for jobs and good for America.

Moonbat Economics.

trndobrd · 08-16-2011, 09:33 PM

Same thing, don't care to retype it.

http://www.chiefsplanet.com/BB/showp...81&postcount=5

Amnorix · 08-16-2011, 10:27 PM

It certainly is stimulative in the sense that for every dollar of food stamps given, some huge percentage of that is being put back into the economy by the recipient who instead of buying food with that dollar, instead pays his rent, or buys whatever else.

Point being that not many cents of that dollar are put in a bank account...

08-16-2011, 07:22 PM
HonestChieffan Hoffa called me an SOB Join Date: Jan 2006 Location: In the Country in MO Casino cash: $1220329	Food Stamps are Economic Stimulus...OK http://randysroundtable.blogspot.com...-stimulus.html Is there no limit to what these people will say...a week ago, unemployment benefits create jobs, this week its food stamps.
Posts: 21,882

08-16-2011, 07:28 PM	#2
banyon Supporter Join Date: Aug 2005 Location: Dodge City, Kansas Casino cash: $76625	What do you think happens with the people buying groceries on food stamps if there were no food stamps? What would happen to the grocery store's sales? Would the grocery store have to hire more or less people after the change? Literally, it is stimulative. Is it good policy? That's a different question. But claiming it doesn't have stimulative effects is just economically backwards wrong. __________________ Last edited by banyon; 08-16-2011 at 07:36 PM..
Posts: 32,045

08-16-2011, 07:31 PM	#3
listopencil sic semper tyrannis Join Date: Oct 2002 Location: :: In Partibus Infidelium Casino cash: $1081200	War is peace, freedom is slavery, ignorance is strength. __________________ I am my own God. We are here to unlearn the teachings of the church, state, and our educational system. We are here to drink beer. We are here to kill war. We are here to laugh at the odds and live our lives so well that Death will tremble to take us.
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08-16-2011, 09:01 PM	#4
suzzer99 Veteran Join Date: Jan 2010 Location: LA Casino cash: $36257	Unlike rich people, poor people spend every spare dollar they have here in the US. And we do live in a consumer-based economy. So money given to the poor to spend on food is guaranteed to equal more money spent on consumption. Like banyon said, you can argue that it's bad policy, not worth it in the long run, etc. But to argue that it's not stimulative just shows total ignorance of economics.
Posts: 3,389

08-16-2011, 09:13 PM	#5
HonestChieffan Hoffa called me an SOB Join Date: Jan 2006 Location: In the Country in MO Casino cash: $1220329	Obama's economic policies then are good for America. More poor folk on unemployment and food stamps is good for jobs and good for America. Moonbat Economics. __________________ "The best time to sell peanuts is when the circus is in town."
Posts: 21,882

08-16-2011, 09:33 PM	#6
trndobrd tainted Join Date: Sep 2003 Location: The Tolerance Box Casino cash: $23509	Same thing, don't care to retype it. http://www.chiefsplanet.com/BB/showp...81&postcount=5 __________________ "I don't really think there is a need to raise or debate this point." -jAZ
Posts: 6,242

08-16-2011, 10:27 PM	#7
Amnorix In BB I trust Join Date: May 2003 Location: Boston, Mass. Casino cash: $195955	It certainly is stimulative in the sense that for every dollar of food stamps given, some huge percentage of that is being put back into the economy by the recipient who instead of buying food with that dollar, instead pays his rent, or buys whatever else. Point being that not many cents of that dollar are put in a bank account... __________________ "I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 31,091

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