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"Happy Thanksgiving Poor People" -Love Congress

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  • "Happy Thanksgiving Poor People" -Love Congress

    Food stamp benefits will be cut, starting next Friday.

    The cuts, totaling $5 billion, will mean less money for groceries for millions of people who rely on food stamps. It's a tough time to have less food on the table, just a few weeks before the start of the holiday season.

    Congress has the power to halt the cutback. However, experts say it's highly unlikely at a time when Republicans are calling for even more drastic cuts to food stamps.

    Food stamp benefits were bumped up in the midst of the recession. The temporary provision expires Nov. 1.

    As families have struggled during the recession and also the slow economic recovery, enrollment has soared in the Supplemental Nutrition Assistance Program.

    Some 47.6 million people, or nearly 15% of the population, get food stamps, according to September federal data. That compares to 26.3 million, or 8.7% of the population, in 2007.

    The average benefit per person is $133.19 a month.

    Families nationwide have already received emails and letters warning that their benefits will be reduced. For a family of four getting the maximum benefit of $668 a month in food stamps, the cuts would trim $36 a month, according to the U.S. Department of Agriculture Food and Nutrition Service.

    Even though the economy remains on shaky ground, lawmakers are unlikely to extend the extra benefits. In fact, the discussion among Republicans is to what degree food stamps should be whittled down.

    In September, the Republican-controlled House passed a bill that tightens eligibility for food stamps. It trims $40 billion from funding food stamps over the next decade.

    "It's hard to imagine anything that could stop this happening in a week," said Elizabeth Lower-Basch, policy coordinator at CLASP, an advocacy group for the poor. "There are studies that this really did help people buy slightly higher quality food."

    But conservatives say it was never intended to be anything more than temporary. They say extending the extra money is out of the question, mostly because they believe the food stamps program is already bloated and in need of changes.

    "I don't think calling it (the Nov. 1 drop in benefits) a cut is the right way to frame it," said Rachel Sheffield, a policy analyst at the conservative Heritage Foundation. "This was a temporary increase in spending."
    For my liberal friends.

    "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

  • #2
    All of that money gets spent almost immediately. They are taking $5 billion directly out of the economy.

    I ain't even mad about how morally repugnant these people are. They are idiots running the economy into the ground.

    This is more damage than some Islamic fundamentalist idiot could ever hope to inflict.
    To us, it is the BEAST.

    Comment


    • #3
      Originally posted by Sava View Post
      They are taking $5 billion directly out of the economy.
      Where does that $5 billion come from?
      "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

      Comment


      • #4
        Originally posted by PLATO View Post
        Where does that $5 billion come from?
        Do you need a lesson in how the federal government works?
        To us, it is the BEAST.

        Comment


        • #5
          Hot off the Fed's printing press.
          No, I did not steal that from somebody on Something Awful.

          Comment


          • #6
            Originally posted by Sava View Post
            Do you need a lesson in how the federal government works?
            No, just trying to help you out with the fallacy of "taking $5 billion" out of the economy. I guess your response is your way of saying you don't know?

            Actually...on second thought. I would be interested in your "lesson". Do tell.
            "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

            Comment


            • #7
              Originally posted by The Mad Monk View Post
              Hot off the Fed's printing press.
              Only to the tune of $85 billion a month. No big deal, right?

              I believe that very little consideration has been given to what the consequences are to a shrinking money supply when the fed unwinds the $3 trillion they have added to the economy. It will take decades to undue what has taken just a few short years to create.
              "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

              Comment


              • #8
                The whole central bank fight was settled almost a hundred years ago. I know you guys want America to return to the 19th century. But fighting the political fights of the 19th century isn't going to get you there.

                Children aren't going back into the mines. You won't be able to own black people again. And women can vote.

                It's called progress. Get with the times.
                To us, it is the BEAST.

                Comment


                • #9
                  The Fed injects the currency by buying up Treasury debt, and now holds half again as much of that debt as China does.

                  Using money pulled out of thin air.

                  If anyone but the Fed were doing it, it would be called counterfeiting. If a foreign power were doing it, it might be considered an act of war.
                  No, I did not steal that from somebody on Something Awful.

                  Comment


                  • #10
                    Originally posted by The Mad Monk View Post
                    The Fed injects the currency by buying up Treasury debt, and now holds half again as much of that debt as China does.

                    Using money pulled out of thin air.

                    If anyone but the Fed were doing it, it would be called counterfeiting. If a foreign power were doing it, it might be considered an act of war.
                    An intermediate exchange medium is by definition absent of any value besides what we give it. It's called modern economics. We aren't going back to a barter economy.
                    To us, it is the BEAST.

                    Comment


                    • #11
                      Go get some coffee, Sava.
                      No, I did not steal that from somebody on Something Awful.

                      Comment


                      • #12
                        I just refilled.

                        I'm averaging 5-6 hours of sleep lately.
                        To us, it is the BEAST.

                        Comment


                        • #13
                          Go get some sleep, Sava.
                          No, I did not steal that from somebody on Something Awful.

                          Comment


                          • #14


                            I would if I could but I can't so I won't.

                            To us, it is the BEAST.

                            Comment


                            • #15
                              Originally posted by The Mad Monk View Post
                              If anyone but the Fed were doing it, it would be called counterfeiting.
                              And if anyone but the police were taking you against your will to confine you in an enclosed space it'd be called kidnapping. Sheesh.
                              DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

                              Comment

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