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. #71
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    Re: Your view: Food Stamps and Unemployment

    Good for Reuters. Now if that is true then explain to me why our welfare office was closed down due to not having enough people using it to justify keeping it open.

    BTW, from your link...

    One in 10 Americans were participating in the food stamp program as of September, said Dottie Rosenbaum, analyst with Center on Budget and Policy Priorities, a think tank.

    That's approaching the all-time high of 10.5 percent of the population that used the program in 1994, and is similar to levels seen in the early 1980s, she said.
    If 1 in 10 is approaching the all time high of 10.5 and is similar to levels in the early 80's how is it that a claim of record people on foodstamps? In order for there to be a record then you would have to beat the previous record.
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  2. #72
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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.
    really. the government does not issue bonds in order to get money that it uses to deficit spend? we have managed to deficit spend without going into debt? now that is a neat trick.

    Now the economic crisis we are in now is because of lack of demand.
    no, the economic crises we are in now is because the government encouraged massive malinvestment and then soaked up all of the capital that would have led to recovery into a series of pork experiments. but we are working our way there step by step, and i don't want to skip too far ahead. suffice to say that lack of demand is the symptom, not the disease.

    Increasing taxes would decrease demand
    how? objectively speaking increasing marginal tax rates simply provides a powerful incentive for people to structure their compensation in a manner designed to avoid taxation rather than putting it to productive use. you don't get more revenue, and you decrease productivity. for example, millionaire joe has made 275K this year, and is going to go half-and-half with millionaire steve in investing in that new restaraunt that lead chef and manager karen has convinced them will do well. then corporate tax rates shoot up, so in order to protect their income from taxation, millionaires' steve and joe put their income into tax-free municipal bonds. the restaraunt is never built, waiters, cooks, and busboys are never hired, and Karen stays a frustrated lead chef at Applebees.
    Last edited by cpwill; 12-04-10 at 01:28 AM.

  3. #73
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Kal'Stang View Post
    Good for Reuters. Now if that is true then explain to me why our welfare office was closed down due to not having enough people using it to justify keeping it open.
    Anecdotal evidence! You can find an opposing example of anything, but one example isn't statistically meaningful.

    If 1 in 10 is approaching the all time high of 10.5 and is similar to levels in the early 80's how is it that a claim of record people on foodstamps? In order for there to be a record then you would have to beat the previous record.
    Record PEOPLE, not record proportions.

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  4. #74
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Kal'Stang View Post
    Good for Reuters. Now if that is true then explain to me why our welfare office was closed down due to not having enough people using it to justify keeping it open.
    explain to you how a piece of antecdotal evidence may not be a perfect match for the story nationwide?


    my pay went up quite a bit this year; obviously the economy is booming!!!

  5. #75
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    Why does demand just randomly fall?
    It doesn't just randomly fall, aggregate demand can rise or fall based on these factors
    Exchange Rates
    Distribution of Income
    Consumer expectations
    Imports/Exports
    Government fiscal policy.

  6. #76
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    It doesn't just randomly fall, aggregate demand can rise or fall based on these factors
    Exchange Rates
    Distribution of Income
    Consumer expectations
    Imports/Exports
    Government fiscal policy.
    Why did it fall so suddenly in this case?

    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. #77
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    Re: Your view: Food Stamps and Unemployment

    And i would still like to make sure we have hammered out that the government get's the money it spends on unemployment benefits from holders of dollars who are seeking to invest those dollars.

  8. #78
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    Why did it fall so suddenly in this case?
    EXCESS consumer debt and corporate debt
    Happy Hanukkah Cheerfull Kwanzaa
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  9. #79
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    Re: Your view: Food Stamps and Unemployment

    gosh, you mean, someone had stimulated demand artificially high?


    well gee, i suppose the only cure for that is to do it again.

  10. #80
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by phattonez View Post
    Anecdotal evidence! You can find an opposing example of anything, but one example isn't statistically meaningful.
    Of course! How could I forget? Anything that doesn't match what everyone else is saying is of course "anecdotal" evidence. What oh what was I thinking? Silly me.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

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