Friday, December 10, 2010

Will The Poor Save Us?

According to recent figures:

A staggering 42.4 million Americans -- 13.7% of the population -- are receiving benefits from the Supplemental Nutrition Assistance (SNAP) program, more commonly known as Food Stamps.

Pretty big, hungry elephant in the room there. But don't worry... there's nothing a little more trickle-down economics won't fix. Just give it time to trickle. It may look like the faucet's been stuck for thirty years... but just keep those tax cuts, just give it two more years to work!

Nope.

The rich will never save this country. But ironically, the poor just might at this rate:

USDA researchers have estimated that an additional $5.00 in food stamp benefits can generate $9.20 in total economic activity.

Wall Street: look at those returns. Why not invest in poverty? Oops... forgot you already tried that. That's kinda how we got here.

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