Wednesday, August 17, 2011

Obama Ag Secretary Vilsack: Food Stamps Are A "Stimulus"

This makes perfect sense to tax feeding parasites who think money is just laying around somewhere with nothing to be spent on. This creates nothing. It simply redistributes wealth. It's money stolen from the productive to be given to the unproductive. I don't think even Keynes was retarded enough to think this could actually work.

    Real Clear Politics -

    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."

Video at the link.