Simplistic nonsense that ignores reality. When
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Posted On: 07/09/2018 9:43:50 AM
Re: wowhappens28 #13280
Simplistic nonsense that ignores reality.
When capitalism 'falters', as it did in '08 and as it surely will again, SNAP benefits and unemployment INSURANCE are a 'safety net' and they are a 'force multiplier' for the economy because all of the money is spent, quickly.
Big Ag, small farmers, grocery store chains and landlords all understand that, because money finds its way into THEIR pockets which helps THEIR families
Relatively few people look forward to relying on either benefit and time limits on both 'incentivize' people to find work.
That's what a decent, practical society does.
Ignoring those facts give rise to a 'phony grievance and resentment mentality' on the part of critics who are far less critical of 'corporate welfare' like energy exploration subsidies and the 'jobs program' that 50 State Defense spending is.
When capitalism 'falters', as it did in '08 and as it surely will again, SNAP benefits and unemployment INSURANCE are a 'safety net' and they are a 'force multiplier' for the economy because all of the money is spent, quickly.
Big Ag, small farmers, grocery store chains and landlords all understand that, because money finds its way into THEIR pockets which helps THEIR families
Relatively few people look forward to relying on either benefit and time limits on both 'incentivize' people to find work.
That's what a decent, practical society does.
Ignoring those facts give rise to a 'phony grievance and resentment mentality' on the part of critics who are far less critical of 'corporate welfare' like energy exploration subsidies and the 'jobs program' that 50 State Defense spending is.
Quote:
A report by the USDA in 2010 also said that boosting SNAP benefits during economic downturns starts a "multiplier process" in transactions and consumption. It found that boosting SNAP expenditures by $1 billion was estimated to increase economic activity by $1.79 billion.
https://www.foxbusiness.com/markets/how-food-...he-economy
Quote:
That is the difference between capitalism and welfare mentality.
When you buy something, you put money in people’s pockets and give them dignity for their skills.
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