|
REPORT COPYRIGHT VIOLATION IN REPLY
|
|
Message Subject
|
food stamps and rising food costs?
|
|
Poster Handle
|
Horus |
|
Post Content
|
"Macroeconomic effect According to Keynesian economic theory, like other forms of government spending, SNAP, by putting money into people's hands, increases aggregate demand and stimulates the economy. In congressional testimony given in July 2008, Mark Zandi, chief economist for Moody's Economy.com, provided estimates of the one-year fiscal multiplier effect for several fiscal policy options, and found that a temporary increase in SNAP was the most effective, with an estimated multiplier of 1.73.[32] In 2011, Secretary of Agriculture Tom Vilsack gave a slightly higher estimate: "Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity."[33] Vilsack's estimate was based on a 2002 George W. Bush-era USDA study which found that "Ultimately, the additional $5 billion of FSP (Food Stamp Program) expenditures triggered an increase in total economic activity (production, sales, and value of shipments) of $9.2 billion and an increase in jobs of 82,100," or $1.84 stimulus for every dollar spent.[34]"
[link to en.wikipedia.org] money in the hands of the people sharing = prosperity don't let them fool you there is enough for everyone.  the problem is the greed of the wealth distributers, not the needs of humanity. those having no desire to share equally; believing the cake to be all theirs. if you trace where welfare money ends up, you'll see it's sheltering overpricing of both food and housing. why does the government pay landlords instead of providing houses landlords receiving money through welfare and ownership of a property. no labor involved, just eternal leeching of a basic need. protected by a rigged game of unequal sharing.
|
|
|
Please verify you're human:
|
|
|
Reason for copyright violation:
|
