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The Library => The SGA => Topic started by: AUTailgatingRules on August 16, 2011, 03:18:26 PM

Title: Now food stamps are a stimulus too?
Post by: AUTailgatingRules on August 16, 2011, 03:18:26 PM

These guys are unbelievable.

http://www.realclearpolitics.com/video/2011/08/16/obama_ag_secretary_vilsack_food_stamps_are_a_stimulus.html

Obama's Secretary of Agriculture Tom Vilsack: "Well, obviously, it's putting people to work. Which is why we're going to have some interesting things in the course of the forum this morning. Later this morning, we're going have a press conference with Secretary Mavis and Secretary Chu to announce something that's never happened in this country -- something that we think is exciting in terms of job growth. 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."

Title: Re: Now food stamps are a stimulus too?
Post by: Saniflush on August 16, 2011, 03:32:52 PM

I stand fucking speechless and amazed although I shouldn't be.

Title: Re: Now food stamps are a stimulus too?
Post by: AUJarhead on August 16, 2011, 03:54:19 PM

Quote from: Saniflush on August 16, 2011, 03:32:52 PM

I stand fucking speechless and amazed although I shouldn't be.

I've been saying almost daily for the past three years.

Title: Re: Now food stamps are a stimulus too?
Post by: AUTiger1 on August 17, 2011, 12:03:44 PM

It's days like this and articles like the on posted above that I wish I would stay out of this forum.  I saw it, realized it was going to piss me off, but clicked it anyway.  It's like a train wreck.    :facepalm:

Title: Re: Now food stamps are a stimulus too?
Post by: Tarheel on August 17, 2011, 02:23:28 PM

Quote from: AUTiger1 on August 17, 2011, 12:03:44 PM

It's days like this and articles like the on posted above that I wish I would stay out of this forum.  I saw it, realized it was going to piss me off, but clicked it anyway.  It's like a train wreck.    :facepalm:

I feel your pain AUT1.  The Pharaoh and his administration are so out-of-touch with how the real economy works it's not even funny anymore (not that it ever was).  Keynesian economics on the scale they continue to implement will kill this economy surely as well as the Bomb.