Newt “Latcher-on” Gingrich has picked up on the Tea Party term for the Democrats as the “Party of Food Stamps” – made it his own and this has sent Pelosi into a mathematical fantasy land…
(FYI – I have little use for Gingrich he is more finger in the wind than the RNC.)
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.
Yes some how Pelosi and the Department of Agriculture (folk that issue food stamps) have come up with every dollar in food stamps puts $1.79 and $1.84 into the economy respectively – how I have no freaking idea! Remember Pelosi is the same genius that said unemployment checks create jobs…
“It is the biggest bang for the buck when you do food stamps and unemployment insurance. The biggest bang for the buck,” she said.
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday…..
“It injects demand into the economy,” Pelosi said, arguing that when families have money to spend it keeps the economy churning. “It creates jobs faster than almost any other initiative you can name.”
Now remember this is the same genius that says tax cuts do NOT create jobs…
Pelosi: Let Bush Tax Cuts Expire for the Wealthy
The House speaker told reporters Thursday she is adamantly against continuing the tax cuts, which expire at year’s end, for those making more than $250,000. “My stance is that the Bush-era tax cuts contributed to the deficit, did not create any jobs, and that they should be repealed,” said Pelosi, a California Democrat.
Confused yet? Yeah, me too. Unemployment checks create jobs but tax cuts for people that ACTUALLY start businesses and hire people do not and some how giving the fatty-fats eating off food stamps yields a return of 79 to 84 percent… someone tell me where I can invest in food stamps because that rate of return is better than any investment I’ve ever found.
So in my ever so humble opinion – we have record numbers of people on food stamps AND receiving unemployment checks under the Democrat “Drain the Swamp” Leadership and our worthless jackass President – so based on hat they claim the debt should be paid off, the economy should be booming and there should be a chicken in every pot. I’ve been on this planet a while now and I would say I’m pretty good at math working in construction and engineering it’s by default but for the life of me I can not figure out how paying someone to do nothing create jobs or giving someone food stamps generates a 79% to 84% return – it just doesn’t ad up. Perhaps they are using the Louis Farrakahn “Million Man Math Made Easy” program – what else could it be? I’m going to have to track down Grigory Perelman who solved the Poincare Conjecture to figure it out – progressive liberal math is too weird to understand, but what’s easy to understand is it doesn’t work, it’s never worked and it will never work- ever, never ever+.