View Poll Results: Do you believe Pelosi about Foodstamps and Unemployment?

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  • Pelosi is 100% correct

    8 22.22%
  • Pelosi is playing politics

    5 13.89%
  • Pelosi is 100% incorrect

    8 22.22%
  • Pelosi should go play in a mine field

    13 36.11%
  • Rutabaga

    2 5.56%
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Thread: Your view: Food Stamps and Unemployment

  1. #41
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    You're completely missing the economic reasoning behind this. It's giving these people an income, in which they otherwise wouldn't have an income. They generally spend all of this income they receive, and it increases demand in the economy. If you already have an income, and you're spending money, you're contributing to demand in the economy, these unemployment, and food stamps are just giving more people means to contribute to the demand. If they didn't receive these, then demand would be lower. It's not that hard to understand.
    People on welfare don't produce.
    Introducing welfare necessarily increases the amount of people who don't produce.
    Welfare leads to less production.

    I can demand all I want, but production needs to be there. You need capital, not demand for that.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
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  2. #42
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    That's not really the argument. The argument is whether or not these help the economy, and they do. They increase demand.
    Your economic model is too simple. Where does capital fit in?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  3. #43
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    People on welfare don't produce.
    Introducing welfare necessarily increases the amount of people who don't produce.
    Welfare leads to less production.

    I can demand all I want, but production needs to be there. You need capital, not demand for that.
    People who spend welfare money increases demand, and it has nothing to do with supply.

  4. #44
    warrior of the wetlands
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Deuce View Post
    Faulty logic due to oversimplification. You guys say lower taxes improve the economy. The last few years you have paid less taxes than you ever have before. Therefore, by conservative economic theory we should have the best economy ever! Also, 0% tax rates would make SUPER UTOPIAAAAA!

    It's more complicated than that, and you damn well know it.
    lower taxes certainly improved MY economy.

    HIgher taxes on me don't improve your economy



  5. #45
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    Re: Your view: Food Stamps and Unemployment

    Do I support food stamps and welfare? Yes. Am I sure that it helps the economy? I'm unsure. Regardless, it should still be implemented. Even if it hurts the economy I still support it. Some things are more important than having the most efficient economy.
    Last edited by digsbe; 12-04-10 at 01:00 AM.
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  6. #46
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    That's not really the argument. The argument is whether or not these help the economy, and they do. They increase demand.
    1. you don't actually help the economy by artificially pumping up demand. that's like saying you're getting into better shape by taking speed. yes, in the next extremely short burst of time you might be stronger; (though due to crowding out effect i tend to doubt even that part of the model carries over) but you are only continuing to degrade the body.

    2. that is still the argument. that 'demand' that they claim for food stamps is food. that they claim for unemployment is things like heating, housing, necessities.

    3. it still represents less than optimal allocation of capital, it's like trying to solve an addiction through hair-of-the-dog.

  7. #47
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    People who spend welfare money increases demand, and it has nothing to do with supply.
    yourstar; where did the money come from?

  8. #48
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    Re: Your view: Food Stamps and Unemployment

    I can see how it would help the economy though. Even though people on welfare and food stamps receive money from the government, that money still gets spent into the economy by using that money to purchase needs. The money comes from the government, goes to a recipient, and then goes to businesses because the recipient makes purchases they wouldn't be able to make otherwise.
    When the debate is lost, slander becomes the tool of the loser. -Socrates
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  9. #49
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    People on welfare don't produce.
    Introducing welfare necessarily increases the amount of people who don't produce.
    Welfare leads to less production.

    I can demand all I want, but production needs to be there. You need capital, not demand for that.
    Capital comes from savings, you do not need the wealthy to access capital. A healthy middle class that does save a portion of their income can provide as much if not more capital then the wealthy, They can also have a far higher demand for the goods and services that thier capital could allow for the production off. The last 30 years of supply side economics has actually pushed demand to too high a level at all levels (private, corportate and government). Supply side economics has pushed demand foward ( hence low or negative savings rates) at the expense of savings for the middle class. As a result wealth has been transfered from the middle class to the upper class. Now as the middle class can not demand as much (no money) the need for production is lower, leading to economic slowdowns.

    Every admin but the GHWBush has followed unbalanced economic policies, and lead to the state we are in now
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  10. #50
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    yourstar; where did the money come from?
    The government, and the government spending can affect demand.

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