August 16, 2011
Obama’s Secretary of Agriculture Tom Vilsack, in an interview: “I should point out, when you talk about the SNAP program or the foot stamp program, you have to recognize that it’s also an economic stimulus. Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It’s the most direct stimulus you can get in the economy during these tough times.”
The man has spoken! Food stamps are stimulus! It seems that food stamps do a better job of stimulating the economy than jobs do, evidently. Because although there has been a vast increase of people on them, the jobs are less and less plentiful. Hmm… maybe foodstamps are helpful. I mean hungry people got to eat right? And when people eat, they spend money right? Well the thing is, it is government sending money to people, to get them to buy stuff. Only, unlike Stimulus 1.0, this is long term government spending.
One problem with this plan, government can’t continue to spend more and more money, sending essentially free money to people who aren’t working, or are working less, and taking that money from people who are working. Many of whom are not working anymore since Obama and his henchmen are making it much less business friendly within this country.
Again, my brain is scrambled, because the news is on and is turned way up, but I guarantee that my quality articles will become higher quality once I work out a better schedule. Stay informed.
August 4, 2011
Rejoice longsuffering fans of mine. An Informed Mind, after a long and painful hiatus has returned with another illuminating piece. I have been gone a long time and undoubtedly my writing skills have suffered. My mind draws more blanks than it did in the heat of writing, and working long hours at my job tires my mind as well. But I cannot sit back and be silent as the Democratic Socialist Party of America spends us into bankruptcy.
You see, the new debt ceiling bill has raised some hackles on both sides of the aisle. I agree with Rep. Cleaver that this bill is a ‘sugar coated Satan sandwich.’ Only thing is, we have two totally different reasons. First and foremost there is little in the way of guaranteeing spending cuts. In other words, we gave Barack Hussein Obama (his highness) his two+ trillion dollars in debt ceiling raise but without significant cuts to spending, without a balanced budget amendment, without any guarantee of no new taxes in the future. The Republicans have been hoodwinked again.
In other, entirely related news: the DOW has dropped over 500 points in one day. Barack Hussein Obama is a boy that was sent to do a man’s job. Barack Obama is as Eric Cantor pointed out, in over his head. He has never created a single job, he has never had to deal with a budget. While he was smokin’ dope in college on taxpayer money, real economists were learning that spending more than you take in is a recipe for disaster and that countries need to keep a low debt to GDP ratio for the long term health of their economies. Barack never learned this. So while he is bashing ‘millionaires, billionaires and corporate jet owners’, he’s also soliciting funds from them for his reelection.
In closing of this erratic and somewhat discombobulated post, does anyone else notice that whenever something went wrong under Bush, it was always his fault, but now that Obama is at the helm it’s not his? It is always either A. Bush’s fault or B. ‘Circumstances we can’t control’? Goodnight America.