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Silly poor people. You don't need food!

Started by East Coast Hustle, July 17, 2013, 07:08:13 PM

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Q. G. Pennyworth

I certainly don't know anyone who ever threw bricks through windows to get arrested for a roof over his head and a meal for the night.

Cain

I'm sure while in prison for heinous crimes against property, they can be given some....minor tasks to do, to help defray the cost to society for keeping them there.

Doktor Howl

Quote from: Cain on July 18, 2013, 01:28:32 AM
I'm sure while in prison for heinous crimes against property, they can be given some....minor tasks to do, to help defray the cost to society for keeping them there.

Call centers, maybe.  Or stocking shelves at Toys R Us.
Molon Lube

Cain

See?  Already we're coming up with wonderful ideas.  Some people might say "well, in this economic climate, such a plan is unsustainable because blah blah blah."  Missing the point.  More prisons = more prison guards.  It's job creation for everyone.

LMNO

I kind of hate myself for smiling at that.

Mesozoic Mister Nigel

The future becomes ever more real with every post!
"I'm guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk," Charles Wick said. "It was very complicated."


Left

Quote from: Cain on July 18, 2013, 01:38:16 AM
See?  Already we're coming up with wonderful ideas.  Some people might say "well, in this economic climate, such a plan is unsustainable because blah blah blah."  Missing the point.  More prisons = more prison guards.  It's job creation for everyone.

I'd laugh, if this wasn't so true.
Hope was the thing with feathers.
I smacked it with a hammer until it was red and squashy

Anna Mae Bollocks

Scantily-Clad Inspector of Gigantic and Unnecessary Cashews, Texas Division

Roly Poly Oly-Garch

#23
Quote from: Pergamos on July 17, 2013, 10:49:49 PM
This is also going to suck for grocery stores.  food stamps don't just help hungry poor people, they also help the people hungry poor people buy food from.

$1.73. That's how much economic activity is generated by every $1.00 spent on food stamps.

I want to throat punch anyone who claims cutting food stamps is an economic decision. Why in these troubled times, how can we justify throwing good money after bad and only getting a 173% bang for the buck?
Back to the fecal matter in the pool

Doktor Howl

Quote from: NoLeDeMiel on July 18, 2013, 10:56:08 PM
Quote from: Pergamos on July 17, 2013, 10:49:49 PM
This is also going to suck for grocery stores.  food stamps don't just help hungry poor people, they also help the people hungry poor people buy food from.

$1.73. That's how much economic activity is generated by every $1.00 spent on food stamps.

I want to throat punch anyone who claims cutting food stamps is an economic decision. Why in these troubled times, how can we justify throwing good money after bad and only getting a 173% bang for the buck?

Wow.  Do you have a source for that?  Because I want to club people with it.
Molon Lube

Cain

Quote from: Doktor Howl on July 18, 2013, 11:52:39 PM
Quote from: NoLeDeMiel on July 18, 2013, 10:56:08 PM
Quote from: Pergamos on July 17, 2013, 10:49:49 PM
This is also going to suck for grocery stores.  food stamps don't just help hungry poor people, they also help the people hungry poor people buy food from.

$1.73. That's how much economic activity is generated by every $1.00 spent on food stamps.

I want to throat punch anyone who claims cutting food stamps is an economic decision. Why in these troubled times, how can we justify throwing good money after bad and only getting a 173% bang for the buck?

Wow.  Do you have a source for that?  Because I want to club people with it.

Did some checking

http://money.cnn.com/2008/01/29/news/economy/stimulus_analysis/

QuoteAs Congress and the White House consider a $150 billion stimulus package that includes tax rebates and tax incentives for business, a report released Tuesday suggests that other methods would do a better job of infusing money into the flagging economy and doing it fast.

The industry research firm Moody's Economy.com tracked the potential impact of each stimulus dollar, looking at tax rebates, tax incentives for business, food stamps and expanding unemployment benefits.

The report found that "some provide a lot of bang for the buck to the economy. Others ... don't," said economist Mark Zandi.

In findings echoed by other economists and studies, he said the study shows the fastest way to infuse money into the economy is through expanding the food-stamp program. For every dollar spent on that program $1.73 is generated throughout the economy, he said.

"If someone who is literally living paycheck to paycheck gets an extra dollar, it's very likely that they will spend that dollar immediately on whatever they need - groceries, to pay the telephone bill, to pay the electric bill," he said.

Moody's are, of course, as befitting one of the major bond credit rating agencies, full of rampant socialists.

Left

Quote from: Cain on July 19, 2013, 12:11:06 AM
Quote from: Doktor Howl on July 18, 2013, 11:52:39 PM
Quote from: NoLeDeMiel on July 18, 2013, 10:56:08 PM
Quote from: Pergamos on July 17, 2013, 10:49:49 PM
This is also going to suck for grocery stores.  food stamps don't just help hungry poor people, they also help the people hungry poor people buy food from.

$1.73. That's how much economic activity is generated by every $1.00 spent on food stamps.

I want to throat punch anyone who claims cutting food stamps is an economic decision. Why in these troubled times, how can we justify throwing good money after bad and only getting a 173% bang for the buck?

Wow.  Do you have a source for that?  Because I want to club people with it.

Did some checking

http://money.cnn.com/2008/01/29/news/economy/stimulus_analysis/

QuoteAs Congress and the White House consider a $150 billion stimulus package that includes tax rebates and tax incentives for business, a report released Tuesday suggests that other methods would do a better job of infusing money into the flagging economy and doing it fast.

The industry research firm Moody's Economy.com tracked the potential impact of each stimulus dollar, looking at tax rebates, tax incentives for business, food stamps and expanding unemployment benefits.

The report found that "some provide a lot of bang for the buck to the economy. Others ... don't," said economist Mark Zandi.

In findings echoed by other economists and studies, he said the study shows the fastest way to infuse money into the economy is through expanding the food-stamp program. For every dollar spent on that program $1.73 is generated throughout the economy, he said.

"If someone who is literally living paycheck to paycheck gets an extra dollar, it's very likely that they will spend that dollar immediately on whatever they need - groceries, to pay the telephone bill, to pay the electric bill," he said.

Moody's are, of course, as befitting one of the major bond credit rating agencies, full of rampant socialists.

It's like all that austerity in Europe, it actually damaged the economy instead of helping anything.
Keynes rises from his grave and says in a sepulchral voice "I TOLD YOU SO!"
Hope was the thing with feathers.
I smacked it with a hammer until it was red and squashy

LMNO

Thanks, Cain. I'll be sharing that on FB pretty soon.

Mesozoic Mister Nigel

That's good info.

I don't have it in front of me, but there's also something about how spending food dollars on locally-grown food has over 200% effect on stimulating the local economy.
"I'm guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk," Charles Wick said. "It was very complicated."


Left

Quote from: M. Nigel Salt on July 19, 2013, 07:44:22 PM
That's good info.

I don't have it in front of me, but there's also something about how spending food dollars on locally-grown food has over 200% effect on stimulating the local economy.

I wish there was locally grown food...where I live they literally farm lawns.  Grass farms.  Hundreds of acres of lawns around where I live on what is otherwise perfectly good farmland, replete with irrigation canals.
Hope was the thing with feathers.
I smacked it with a hammer until it was red and squashy