Rabu, 17 Agustus 2011

Obamanomics: food stamps = job creation ???






Last week, Press Secretary Jay Carney mad the bold — and odd — claim that unemployment checks create jobs (see the comment and how one blogger proves it wrong here). Well, it seems the government-welfare-programs-create-jobs mantra is becoming a popular mantra, as now Agriculture Secretary Tom Vilsack went on MSNBC Tuesday morning to make the case that food stamps are job creators.
Yes, Vilsack actually calls the food stamp program an “economic stimulus:”
If that sounds familiar, it’s because Vilsack used some of the exact same language Carney used last week. Are you sensing a new talking point?
After you take a few deep breaths and wipe the confused look off your face, read how Hot Air’s Ed Morrissey exposes Vilsack’s — and the administration’s — logic:
So here’s the question. If food stamps create jobs, like Vilsack says here, and we’re putting record numbers of Americans on food stamps, then why aren’t we seeing record job creation? If every dollar spent on food stamps creates $1.84 in production, as Vilsack argues, and the number of food stamp recipients keeps rising, then why haven’t the GDP numbers reflected that fabulous growth? Read More

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