Another great Krugman article:http://www.nytimes.com/2013/05/31/opinion/from-the-mouths-of...It's about how the Republicans are trying to kill the food stamp program.Indeed, estimates from the consulting firm Moody’s Analytics suggest that each dollar spent on food stamps in a depressed economy raises G.D.P. by about $1.70......Food stamps greatly reduce food insecurity among low-income children, which, in turn, greatly enhances their chances of doing well in school and growing up to be successful, productive adults. So food stamps are in a very real sense an investment in the nation’s future...So what do Republicans want to do with this paragon of programs? First, shrink it; then, effectively kill it.Of course, the Hypocrite Party, those people who call for government spending to be replaced with charity as a cover for their own cheapness, say:We can’t afford it, say politicians like Representative Stephen Fincher, a Republican of Tennessee, who backed his position with biblical quotations — and who also, it turns out, has personally received millions in farm subsidies over the years.Beware rich bible-quoting hypocrites lambasting the poor for leeching, aka the GOP.As I said, there are times when cynicism just doesn’t cut it; this is a time to get really, really angry.Amen, Paul.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M