Originally posted by: Kevin Lewis
Oh, and Candy, I wanted to mention in passing why HORRIBUL GUMMINT SPENDIN' on food assistance programs is actually wise economic policy. It's a simple concept called the economic multiplier effect. A product is manufactured or grown, and sold for $X, which adds wealth for both the buyer and the seller. The buyer and the seller then engage in additional transactions. The effect "multiplies." Wealth is created where there was none.
In the case of SNAP," the process is put in motion when poor people are given money to buy food. That money comes from the taxpayers, but it stays in the economy and WORKS. Unlike the billionaire tax money that they now can put in the basement vault.
MAGAs don't comprehend this, and Trump least of all. He truly thinks that everything (EVERYTHING) is a zero-sum game. In order for me to win, you must lose. He and MAGA truly do not fathom that there can be two winners in a transaction. One of our more frequent idiots doesn't comprehend that government spending can produce a net gain for the economy, even (especially!) if it's "just" some kind of "giveaway" to the supposedly undeserving.
You've probably heard of the proposed programs where poor people are simply given $1000 a month, no strings attached. Many economists have said that this benefitted the local economy far more than the amount of the expenditure.
That's a fundamental truth that MAGA can never, never grasp. Compassion and generosity can be good business as well as good ethics. They think it's either-or.
Kevin talks about the economic multipliar effect. This is real, assuming that value is created. Kevin argues that hiring two people...one who digs a hole, and the other who fills the same hole creates value. It does not.