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let's cut the two most successful forms of economic stimulus

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  • let's cut the two most successful forms of economic stimulus

    Food stamps and unemployment benefits. Let's get those out of the way!


  • #2
    Liberals have came up with the perfect system. Food stamps and unemployment as a way to have a robust economy.

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    • #3
      Originally posted by cutthemdown View Post
      Liberals have came up with the perfect system. Food stamps and unemployment as a way to have a robust economy.
      As opposed to failed system of continually trying to cut taxes for the rich.

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      • #4
        The Republicans have said "let's do it, but let's cut something to pay for it." So who is going to take the fighter jet out of their district to pay for these programs? No Democrats are coming forward. They're saying, "you should pay for our program out of your stuff." Actually, they're not even saying that. They're saying, "just put it on my kid's tab."

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        • #5
          Let's cut congress's pay, and the 12 billion we give to Israel every year, and the oil subsidies while were at it. Come on repubs.

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          • #6
            let's take the QE money and give it to every taxpayer (excluding corporations). Eliminate the politician-bankster middlemen.

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            • #7
              And these yahoos are worried about food stamps

              Majority of Congress members now millionaires

              For the first time ever, more than half of current members of Congress are millionaires, according to a new report from the non-profit Center for Responsive Politics.

              Among the 534 current members of Congress, at least 268 had an average net worth of $1 million or more for 2012, the CRP said, citing disclosure forms filed last year. A year ago, the total stood at 257 members, or about 48%.

              The group said the new figure "represents a watershed moment at a time when lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage, which affect people with far fewer resources, as well as considering an overhaul of the tax code."

              http://money.cnn.com/2014/01/09/news...source=cnn_bin

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              • #8
                Originally posted by Rigs11 View Post
                For the first time ever, more than half of current members of Congress are millionaires, according to a new report from the non-profit Center for Responsive Politics.

                Among the 534 current members of Congress, at least 268 had an average net worth of $1 million or more for 2012, the CRP said, citing disclosure forms filed last year. A year ago, the total stood at 257 members, or about 48%.
                I think it's time to change that scale, it's not uncommon to have a net worth of a million dollars. If you own a little above average home and have some money in your IRA and maybe own a small business, it can easily put your net worth over a million dollars.

                It's time to use the word multimillionaire and probably set that between 3 to 5 million and yes that would still include most member of congress.

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                • #9
                  IMO net worth is a joke. To be a millionaire you have to be able to come up with a million dollars in cash without selling everything you own, like your house.

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                  • #10
                    Originally posted by cutthemdown View Post
                    IMO net worth is a joke. To be a millionaire you have to be able to come up with a million dollars in cash without selling everything you own, like your house.
                    I agree but the non-profit Center for Responsive Politics used net work to make it look worse that it really is.

                    Most baby boomers like me will need over 100K to retire and not change their lifestyle. That would require well over a million in your IRA plus social security and if you move that to secure investments, inflation will eat you alive. What will it take when my kids and grandkids retire and the answer is not food stamps, unlimited unemployment and double the minimum wage?

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                    • #11
                      For my retirement Pony I am going to live on my families property in Oregon. Build a little cabin, live low key. I think I will make it on more like 25 grand a yr.

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                      • #12
                        North Carolina Shows How to Crush the Unemployed

                        By Evan Soltas Dec 17, 2013 8:45 AM PT

                        The U.S. is about to cut the maximum duration of public support for the unemployed. The federal extension of unemployment insurance expires on Jan. 1. To see the consequences, look at North Carolina.

                        I’ve been watching the state since July, when it cut the maximum length of benefit from 99 weeks to just 19, and reduced the weekly check from $535 to $350.

                        Across the country, the unemployed will lose from 14 to 47 weeks of insurance when the extension ends. Five other states will join North Carolina in providing fewer than 26 weeks of payments
                        -- the standard in the U.S until this year. What’s happened in North Carolina since July is an indication of what will happen nationwide. The picture is troubling.

                        As intended, presumably, the number of North Carolinians receiving unemployment benefits has collapsed. It’s down by 45,000, or 40 percent, since last year. Expiring benefits aren’t the only reason for this. Far fewer are filing a claim in the first place. Initial claims are running at about half last year's rate. Unemployment insurance is a thinner safety net than it has been in decades.

                        In addition, North Carolina’s labor force began to shrink. The state is experiencing the largest labor-force contraction it's ever seen -- 77,000 fewer people were working or searching for work this October than a year ago. This should, but won’t, settle a partisan debate. Cutting unemployment insurance apparently hasn’t encouraged the unemployed to look harder for work: It has caused them to drop out of the labor force altogether.

                        To get unemployment insurance, you have to actively search for work and prove that you're doing so. The drop in the labor force suggests that this incentive was effective. Without it, more people just give up.

                        Meanwhile, the burden of easing the financial distress caused by unemployment has shifted from public programs to private charities. According to Alan Briggs, executive director of the North Carolina Association of Food Banks, they're struggling to cope.

                        "The local pantries are saying, 'Give us more, give us more, give us more,'" Briggs said. "All that the county social workers can do now is give those in need the phone number for the local food bank." As he told a local news station, his food banks had been "asked to be the safety net of the safety net."

                        Ron Pringle, a food-bank director who oversees seven counties and 230 organizations in the state’s southeast, says they’ve seen on average a 17 percent increase in need since last year. "We’re seeing requests for food from our agencies well outside of our planned growth," Pringle said. "Some of our member agencies have been able to meet that need, but many have not."

                        "They’ve had to expand pantry hours, add additional days to the schedule, and take on new volunteers because they’re unable to meet the greater need," he said. "These decisions have created a whole new community of folks we're going to have to serve."

                        Some 1.3 million Americans will lose unemployment benefits immediately in 2014, according to a report from National Employment Law Project. An additional 850,000 will lose them by the end of March. North Carolina just ran this policy experiment. Does Washington like what it sees?

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                        • #13
                          When will the righties learn that demand for goods and services creates jobs, not availability of capital?

                          Last time I checked, we have a all time record high of available capital. So where's the jobs?

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                          • #14
                            ***DOES NOT COMPUTE***

                            I thought the two most successful forms of economic stimulus were "pull yourself up by your bootstraps" and "prayer"?

                            ***DOES NOT COMPUTE***


                            BLEEP BLOOP BLEEP BLOOP BZZZZZZORT...

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                            • #15
                              Originally posted by houghtam View Post
                              ***DOES NOT COMPUTE***

                              I thought the two most successful forms of economic stimulus were "pull yourself up by your bootstraps" and "prayer"?

                              ***DOES NOT COMPUTE***


                              BLEEP BLOOP BLEEP BLOOP BZZZZZZORT...
                              Words of wisdom from the guy that sits at home all day .......

                              Did your unemployment run out and are you butt-hurt about it?

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