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. #61
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Chappy View Post
    It's called Keynesian economics - Wikipedia, the free encyclopedia you should look into it.
    yes we are aware of it (that's where the animal spirits joke comes in), we are attempting to explain how it is a deeply, deeply flawed approach

  2. #62
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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.
    If you increase demand but do nothing about production then all you'll do is increase prices.

    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. #63
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by American
    No one is surprised that you don't know that we have a record of people on food stamps.
    Quote Originally Posted by Kal'Stang View Post
    If this were true then the welfare office in my town would not have been closed.

    Reuters: Record number of Americans using Food Stamps

  4. #64
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    that is correct; they borrowed the money. now. where did they get the money that they borrowed.
    Deficit spending is spending money you don't have. So no one.

    Now the economic crisis we are in now is because of lack of demand. Increasing taxes would decrease demand, but also people with no income decreases demand. Now we can wait for the market to turn itself around, and it may not. Or the government can help things along, and one of those things is giving people with no income, income so they can increase demand. We may spend more then we have, but it will help. It doesn't help the deficit, but reducing the deficit is something best done in stable economic times.

  5. #65
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    If you increase demand but do nothing about production then all you'll do is increase prices.
    Production isn't lacking though.

  6. #66
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    Deficit spending is spending money you don't have. So no one.

    Now the economic crisis we are in now is because of lack of demand. Increasing taxes would decrease demand, but also people with no income decreases demand. Now we can wait for the market to turn itself around, and it may not. Or the government can help things along, and one of those things is giving people with no income, income so they can increase demand. We may spend more then we have, but it will help. It doesn't help the deficit, but reducing the deficit is something best done in stable economic times.
    Why does demand just randomly fall?

    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

  7. #67
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Deuce View Post
    China's economy. It comes from China's economy.
    well, properly speaking, some of it; but not as much as people tend to think. but yes, holders of dollars looking to invest them are where the government get's it's money that it puts into unemployment benefits from.


    so.... the government takes money from investors... and then transports them through the Giant Chain Of Government up and around and then back down and out as unemployment benefits (with ever level and side of the government getting it's cut).... it hasn't increased demand. all you've done is taken it from productive uses and put to unproductive ones.
    Last edited by cpwill; 12-04-10 at 01:19 AM.

  8. #68
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    Production isn't lacking though.
    By what objective measure are you basing that? Remember that not all production is equal before you try to answer.

    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

  9. #69
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    Production isn't lacking though.
    obviously it is because these people are unemployed.

  10. #70
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    well, properly speaking, some of it; but not as much as people tend to think. but yes, holders of dollars looking to invest them are where the government get's it's money that it puts into unemployment benefits from.


    so.... the government takes money from investors... and then transports them through the Giant Chain Of Government up and around and then back down and out as unemployment benefits (with ever level and side of the government getting it's cut).... it hasn't increased demand.
    And even if it did who cares? Increasing demand with no effect on production will only get you higher prices. We want increased production of the things that people want.

    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

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