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. #81
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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?
    Individual and corporate debt, and a lack of faith in the market for consumers.

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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    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!!!
    Your pay raise is not directly linked to the economy. Amount of people recieving foodstamps and welfare offices are directly linked.
    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

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    Re: Your view: Food Stamps and Unemployment

    hey, i made like, 55K more this year than last year; and last year i only made about 30K. obviously everyone in the country saw a 300% rise in real income, yes?

    of course it was linked to the economy; i'm part of the economy. i literally spent, invested, or gave away 100% of that money.
    Last edited by cpwill; 12-04-10 at 01:41 AM.

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    Re: Your view: Food Stamps and Unemployment

    We are talking about aggregate's here, aka macroeconomics, not micro.

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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    Individual and corporate debt, and a lack of faith in the market for consumers.
    we have always had individual and corporate debt. why should it all of a sudden cause a crash of such seismic proportions?

  6. #86
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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    We are talking about aggregate's here, aka macroeconomics, not micro.
    yes that was my point; kaalstangs' claim about his office is irrelevant.

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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    we have always had individual and corporate debt. why should it all of a sudden cause a crash of such seismic proportions?
    There was a ****load of individual and corporate debt, that's why

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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by Your Star View Post
    There was a ****load of individual and corporate debt, that's why
    you said it. something had caused the amount of personal and corporate debt to skyrocket way out of historical proportion and far beyond our capability to continue to maintain.




    now. two questions:
    1. what was that something?
    2. what was the debt for?

    Last edited by cpwill; 12-04-10 at 01:48 AM.

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    Re: Your view: Food Stamps and Unemployment

    I can't help but notice this has turned into, let's indirectly try and make a guy feel like **** for needing some help in a tough time thread.

    So I will chime in. I will likely be using a little food stamps when my baby is born as the past year I went through a tough time, and I am trying to save up a great deal of money. I believe this is a slight abuse of the system but, not as full blown as most people go, in fact only my fiance could get them and even that is very little, probably just enough to buy pop, shrimp and whatever else baller ass food we want. Maybe crab legs?

    However I digress, as well as jest. In all seriousness I do not see her math in it but it is very true it obviously puts money back into the economy and I would say she is definitely playing a political game. As for unemployment I am unsure about it because it isn't like no one is getting unemployment anymore and democrats will play the same games Republicans do about taxes, only instead of it being "even though you make less than $50k we are going to make you think you are getting taxed more" to "Even though your ****ed we are going to make it look like you are totally ****ed and will get no unemployment whatsoever."

    I personally plan on drawing unemployment though for a week during plant holiday shutdown. If I can do it I'm doing it, the employer pays into it so there is no cause for alarm.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Your view: Food Stamps and Unemployment

    Quote Originally Posted by cpwill View Post
    gosh, you mean, someone had stimulated demand artificially high?


    well gee, i suppose the only cure for that is to do it again.
    It depends on how far you feel the economy should fall ( due to demand reduction). If you feel the negatives of having economic activity drop off a cliff are less then having government artificially sustain demand for a period of time, then you would feel that such action is not a good idea. In you calculation would you include potential social costs, rather then just purely economic ones though. Imagine if the government actually tried to balance the budget next year. You would see 33% of federal government spending being cut. Drastic cuts to the military, social security, and medicare would be in order. Along with any potential human costs from those actions. Not to mention an increase in the economic slowdown as demand drops off a cliff.
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