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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.
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.
It's more like leaving a car running rather than shutting it off when it is not firing on all cylinders.
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.
Nevermind the fact that it's adding to the deficit and causes higher taxes all around?
Economics is a bit more intricate than some might understand.
Quote:
CNN: Pelosi fires back at Gingrich over food stamps
House Speaker Nancy Pelosi Wednesday strongly defended her party’s support of the federal food stamp program – a day after former Republican Speaker Newt Gingrich argued that GOP candidates should use the growing number of people on food stamps against Democrats on the campaign trail. At a press conference in her home town of San Francisco, Pelosi explained that the program’s multiplier effect –the amount of money generated in the local economy as the result of the subsidy– far exceeds the nearly $ 60 billion spent this year by the federal government and is a sure-fire way to stimulate the economy. 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.
How does she create $1 into a higher amount? Easy... by stealing it from someone... you cannot create "cash", you can only take it from someone else... the food stamp makes that money by taking it from someone else... they give you a dollar and the government takes the "cut" of 79 cents by stealing from someone $1.79... its a simple law... matter can neither be created nor destroyed... and neither can money
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