Nancy Pelosi proudly defended the welfare party.
CNN: At a press conference in her home town of San Francisco, Pelosi explained that the program’s multiplier effect –the amount of money generated in the local economy as the result of the subsidy– far exceeds the nearly $60 billion spent this year by the federal government and is a sure-fire way to stimulate the economy. For every dollar a person receives in food stamps, Pelosi said that $1.79 is put back into the economy. The U.S. Department of Agriculture cites an even higher figure of $1.84.
“It is the biggest bang for the buck when you do food stamps and unemployment insurance. The biggest bang for the buck,” she said.
Gingrich on Tuesday wrote a letter critical of the Democrats’ stewardship of the economy and urged all Republican candidates to shape the political debate as one “between the Democratic Party of food stamps and the Republican Party of paychecks.”“It is an unassailable fact that in June, more food stamps were distributed by the government than ever before in American history. (It turns out that Barack Obama’s idea of spreading the wealth around was spreading more food stamps around.),” wrote Gingrich.
Pelosi went on to accuse Gingrich of class warfare. Now that’s rich.
Update: Since we’re on the subject of food stamps – did you hear that New York Governor David Paterson and NYC Mayor Michael Bloomberg want to keep food stamp recipients from buying sugary drinks? While that may sound reasonable, it just goes to show how the more dependent on government people become, the more government can control their lives.
Welcome, Fox Nation readers!
She’s a boob. How can anyone vote for a woman who talks as though food stamps and unemployment are good for the economy? Who are these people?
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Apparently, gubmint money has the ability to self replicate?
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Do you understand the reasoning behind why $1.00 can become $1.79? Because your comment leads me to suspect that you don’t.
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Yes, the magic fairy dust magically turns a buck into a buck seventy nine. No I need some more Kool Aid!
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That’s where and how the dhims have always gotten there votes. From the people on welfare and food stamps. That and other programs that we have been saddled with for a few decades.
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I can think of better reasons to vote that nitwit out – and expel California from the USA. The question is whether the other side has any ideas. From what I hear so far -the answer is …. no ideas. The reason we are being squeezed is that both sides are sqeezing. They seem to be living in an alternate universe. Who were the idiots who decided to turn this into a service economy. Should we assume that NAFTA etc are actually good for americans ?
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[...] worries, though Nancy Pelosi said food stamps and unemployment checks are just what the doctor ordered. I’m sure those words were quite comforting to the millions [...]
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I’ve said it before: While in college lefties DO NOT take economics classes. They’d rather take Introduction to Art, Philosphy 101 or Existencial Frisbee.
Please note: The term Frisbee has been replaced with “Flying Disc.”
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The wicked witch of the west is now the FOOD STAMP QUEEN!!!!!!!
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[...] Better For The Economy.’ By Michael Eden On the unemployment situation and food stamps, Nancy Pelosi said this: “It is the biggest bang for the buck when you do food stamps and unemployment insurance. The [...]
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You can always count on Queen of The Universe (in her own mind) Pelosi.
She can be better than just about anyone.
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[...] by Newt Gingrich that the Democratic Party should be defined as the party of food stamps, Nancy Pelosi said the following: “It is the biggest bang for the buck when you do food stamps and unemployment [...]
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[...] in food stamps and unemployment benefits is the best way to spur the economy? They give us “The biggest bang for our buck,” she told us. Too many people, economists and reporters included, believe that all we have [...]
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[...] again, this is the same genius that said paying people not to go get a job and to keep them on food stamps was the best way to create jobs [...]
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[...] lot less, especially if the Federal Reserve does round 3 of quantitative easing.Hey, remember when Nancy Pelosi told us that food stamps and unemployment would stimulate the economy? How’s that working out for [...]
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[...] Food Stamps Are StimulusAugust 16, 2011 By Lonely Conservative No comments yetNot to be outdone by Nancy Pelosi, President Obama’s Secretary of Agriculture, Tom Vilsack, said that food stamps are stimulus. [...]
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