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I'm guessing the same way Republicans can have two unfunded wars and cut taxes.....they ignore reality.
Dont let the fact that the wars were indeed funded.. By debt, get in the way of a good rant.. Nor the fact that revenues INCREASED when the 2002 tax cuts were passed.. Your rant is far more important then facts...
Quote:
Originally Posted by Boompa
With 40 million Americans taking their Food Stamps to the Grocery Store every week, I think the Super Markets will disagree
Yeah, here in america, where you go to college to get a 4 year degree, so you can look forward to working in a grocery store.. Welcome to the new america!!
Wow. It says right in the second paragraph that it was emergency spending legislation. Thats not funding the war, thats just tacking a bill on to debt. Funding the war is including it in the yearly federal budget. For years, Iraq and Afghanistan were funded with EMERGENCY SPENDING LEGISLATION.
Someone has no clue how the federal government gets their money, do they?
If its an emergency SPENDING legislation, then its FUNDED.. The money is BORROWED to PAY for the war.. hence its PAID FOR...
Quote:
Originally Posted by odinloki1
They didn't cut spending somewhere else, they simply tacked it on to the debt.
If it was tacked onto the debt then it was PAID for.. the funds are BORROWED to pay for it, and the BORROWED funds get added to the debt, but the war itself is paid for in full.. Its the debt created that is not..
What isnt shocking is the fact that NUMEROUS governmental reports backup Pelosis' claim. You can ridicule Fox all you want but its Pelosi and the government which came up with the fugures in question..
Nice job at sticking your fingers in your ear shouting.. I DONT HEAR YOU!!!
I love it when Pelosi craps on her self. However she meant a $1.79 in economic activity surrounding the $1.00 food subsidy. In actuality I believe it is much higher. That is the whole premise surrounding the Stimulus money the government pumps into the economy. It's like priming a pump to get it going.
Still Pelosi is a hag.
The problem is the multiplier effect isn't entirely realized here in the US since food products and all the things that are required to get them to market come from all over the world, so the recipients of our multiplier effect are also foreign nations, but the taxes and debt incurred are ours alone. You can't stimulate a broken economy, and until we are again a net exporter, artificially accelerating economic activity will simply make us more indebted to other nations faster.
Hehe, I am not a fan of Pelosi yet Newt is really pandering to his base where I would bet money on he knows what she said is actually true. Food stamps is well documented in having a very high money multiplier effect.
Highly unlikely anytime soon unless you fully support quantative easing and more government spending, and I have a feeling you are dead set against that. Re: our production capability/national specialty versus value of the dollar.
There I kept it short, though probably too vague...
What isnt shocking is the fact that NUMEROUS governmental reports backup Pelosis' claim. You can ridicule Fox all you want but its Pelosi and the government which came up with the fugures in question..
Nice job at sticking your fingers in your ear shouting.. I DONT HEAR YOU!!!
So the food stamp $1.00 returns .73 to the store?
Just one question....where does that .73 come from?
At a press conference in her home town of San Francisco, Pelosi explained the program's multiplier effect...
For every dollar a person receives in food stamps, Pelosi said that $1.79 is put back into the economy. The U.S. Department of Agriculture cites an even higher figure of $1.84.
According to justharvest.org, the average monthly Food Stamps benefit per person is only about $133.
Well, now Pelosi and the dems are saying the $1,000 bonuses companies, like Home Depot, are giving to their employees, are "crumbs."
The Democratic Party’s top leaders on Thursday flicked aside the bonuses and pay hikes 250 companies like Home Depot, Fiat Chrysler and Wells Fargo are giving employees as a result of the tax reform package approved in Congress last year and signed by President Trump.
House Minority Leader Nancy Pelosi repeated her complaint that it was just a “crumb,” and that corporate “fat cats” will get so much more.
So that $1,000 bonus is equivalent to over six months worth of food stamps, for some people.That sounds like a big bang for the buck.
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