http://www.thedailybeast.com/articles/2013/11/02/food-stamp-cuts-add-to-walmart-s-troubles.htmlrrYou're wrong on this. The macroeconomic purpose stands strong. SNAP is an automatic stabilizer. When you cut off someone from SNAP who is ALREADY WORKING or gets thrown out of a job during a downturn, they will cut back on spending. This will result in a drop in aggregate demand for food, which harms businesses that sell food, farmers, etc.. I never said people quit eating. You need to look at the macro, not the micro.Literally false. You're wrong on this one.
Let's take SNAP, for example.
SNAP is what is called an "automatic stabilizer."
It helps prevent a large drop in aggregate demand if the economy goes south.
When the economy is doing well, it creates a ceiling in aggregate demand.
The Macroeconomic purpose of SNAP is to prevent a large drop in spending on food by consumers if the economy tanks.
This is automatic, there's a reason more people went on SNAP when the recent recession hit.
When the economy recesses, jobs are lost and hours are cut, SNAP helps people that this happens to. When so many jobs are part time and low wage, SNAP is essential. You're right about one thing, the government maintains unemployment insurance because of NAIRU, they will literally not allow "full employment." It's been this way since the neoliberal garbage that sucked in both parties, the dems falling for it in the 90's.
I guess you didn't read my topic on what Maine did with their SNAP's program.
What they did is make people who are physically capable of working and have no children work a job at least 20 hours per week, or volunteer 24 hours a month, or be in vocational training for work. Otherwise, you will be cut off from the SNAP's program. I bet you'll never guess what happened unless you Google it.
That's right, a majority of them dropped out of the program. It seems these hungery people weren't that hungry after all. OR!!!! They never needed food stamps in the first place. It's just that it's there for free, so why not take advantage of it?
And BTW, nobody quits eating because they work low wages or part-time. We all have to eat and will do so with or without taxpayers buying our food for us. It has nothing to do with economics; that's excuse making by the Democrats.
So you're saying you're stupid enough to think giving people money to spend they didn't earn is a good thing somehow?
The macro is every dollar you give them has to be taken from someone who produced it, giving the productive less ability to be productive, or spend, save or invest as they choose. Or fabricated from thin air which devalues every dollar that someone actually produced.
You're on the losing side of the equation.You're wrong on this. The macroeconomic purpose stands strong. SNAP is an automatic stabilizer. When you cut off someone from SNAP who is ALREADY WORKING or gets thrown out of a job during a downturn, they will cut back on spending. This will result in a drop in aggregate demand for food, which harms businesses that sell food, farmers, etc.. I never said people quit eating. You need to look at the macro, not the micro.Literally false. You're wrong on this one.
Let's take SNAP, for example.
SNAP is what is called an "automatic stabilizer."
It helps prevent a large drop in aggregate demand if the economy goes south.
When the economy is doing well, it creates a ceiling in aggregate demand.
The Macroeconomic purpose of SNAP is to prevent a large drop in spending on food by consumers if the economy tanks.
This is automatic, there's a reason more people went on SNAP when the recent recession hit.
When the economy recesses, jobs are lost and hours are cut, SNAP helps people that this happens to. When so many jobs are part time and low wage, SNAP is essential. You're right about one thing, the government maintains unemployment insurance because of NAIRU, they will literally not allow "full employment." It's been this way since the neoliberal garbage that sucked in both parties, the dems falling for it in the 90's.
I guess you didn't read my topic on what Maine did with their SNAP's program.
What they did is make people who are physically capable of working and have no children work a job at least 20 hours per week, or volunteer 24 hours a month, or be in vocational training for work. Otherwise, you will be cut off from the SNAP's program. I bet you'll never guess what happened unless you Google it.
That's right, a majority of them dropped out of the program. It seems these hungery people weren't that hungry after all. OR!!!! They never needed food stamps in the first place. It's just that it's there for free, so why not take advantage of it?
And BTW, nobody quits eating because they work low wages or part-time. We all have to eat and will do so with or without taxpayers buying our food for us. It has nothing to do with economics; that's excuse making by the Democrats.
So you're saying you're stupid enough to think giving people money to spend they didn't earn is a good thing somehow?
The macro is every dollar you give them has to be taken from someone who produced it, giving the productive less ability to be productive, or spend, save or invest as they choose. Or fabricated from thin air which devalues every dollar that someone actually produced.
You're on the losing side of the equation.
Well, Walmart depends on food stamps two ways. When food stamps are cut, Walmart's sales go down. Then of course, a lot of Walmart employees get food stamps and other "free stuff", since Walmart's wages are so low. The Limbaugh students on this board aren't complaining about Walmart being freeloaders though, because that part's not in the Limbaugh course on Economics.
I would love to see your evidence when food stamps are cut, Walmart sales go down. Are you talking about WalMart's grocery items or in general?