Wednesday, February 19, 2014

Welfare For The Rich vs. Welfare For The Poor... Who Benefits, Who's Hurt...

Many economists agree that food stamps trigger economic activity when poor people utilize their benefits, which more than makes up for the cost. Republicans, however, take the opposite approach; they believe tax breaks to millionaires and billionaires is what stimulates growth, all the while cutting programs that help the poorest in society.
When ranking what methods help the economy, economists say that food stamps rank among the top three, while tax cuts to the rich rank about 12th.
In an ironic twist to the GOP’s war on the poor, it turns out that the people who are the most negatively affected by Republican cuts in food programs – are Republicans themselves.
Statistics reveal that the city holding the most beneficiaries of the SNAP program (a favorite target of the GOP) is 99.22% white and 95% Republican. Owsley County, Kentucky earns the lowest median household income in the country, but they are the most prolific government-takers in U.S. existence.
Meanwhile...


Moar here.