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.