FORWARD!!! to Economic Justice — and beyond!
Remember when Feckless Leader said this?
“…If you’ve got a business, you didn’t build that. Somebody else made that happen,”
Certainly a lot of work going into making that true.
One in seven Americans are on food stamps, but the government is pushing to enroll more — in many instances working to overcome Americans’ “pride,” self-reliance or failure to see a need.
…A 2011 Hunger Champions Award document reveals that local assistance offices have been rewarded for “counteracting” pride and pushing more people to sign up for benefits.
In fact, if you don’t use SNAP you’re actually “hurting your commuuuunity.”
SNAP is an investment in our future. It offers nutrition benefits to participating clients, supports work, and provides economic benefits to communities. …
Every $5 in new SNAP benefits generates a total of $9.20 in community spending.
[Where does the other $5.20 come from?]Every additional dollar’s worth of SNAP benefits generates 17 to 47 cents of new spending on food.
[Where do the other 83-53¢ go?]On average, $1 billion of retail food demand by SNAP recipients generates 3,300 farm jobs.
[$1 billion / 3,300 farm jobs = $303,030.30/ farm job. Ya think picking lettuce for $303,030.30 is a "Job Americans Won't Do"?]
Them there is Unicorn Numberz©!
Let’s look at the other end of the Income Scale:
“So, I’m not proposing anything radical here. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton – back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot.”
Now, let’s take a look at who actually is “paying their Fair Share™“:
To put this in perspective, the top 1 percent is comprised of just 1.4 million taxpayers and they pay a larger share of the income tax burden now than the bottom 134 million taxpayers combined.
…the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined. In 2007, the bottom 95 percent paid 39.4 percent of the income tax burden … down from the 58 percent of the total income tax burden they paid twenty years ago.
So who is using the majority of the things paid for by these federal income taxes?
Sustainable?
Here’s the Nudge Balloon™ that preceded the Obobo “you didn’t build that” statement. No one said anything useful to counter it [publicly -- not US] so they went FORWARD with Teh Message. SWTDT?
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9 Comments!
That multiplication factor is a Keynesian theoretical artifact.
Milton Friedman disproved it*, but Keynesians still use it.
They confuse this with the effect of fractional-deposit lending (if I recall).
*I’ll try to find a citation later.
They can afford to pay more they’re rich!!! They got to be rich on the slave labor of we workers. The evil white rich man owes us.
Sustainable?
No. Criminal.
That “pride” is what keeps my father, former paratrooper, from claiming disability for his toasted knees. It was hell enough convincing him to the VA to get fitted for the hearing aid he never wears.
Rotten sons-a-bitches know damned well a lack of pride is what keeps welfare recipients on welfare for generation after generation. Their goal is to remove all stigma to make everybody a slave on the government plantation.
Doug, I have seen people tout the ‘velocity of money’ (or some other BS title theory) when putting out this kind of information.
The way I see it is if this was a workable theory, we could all just quit working and go on the government teat and the economy should recover in 6 months or so.
I would not be surprised if this figure was based on tax returns filed not taxpayers. More people in the upper income brackets tend to be married and file jointly. More filers in the lower brackets tend to be single… which often helps explains why they are low income people.
Choices Matter in Avoiding Poverty
What Barry meant to say was ““If I’ve got (sic) a business, I didn’t build that. Somebody else made that happen.”
“That boot on your neck? You didn’t do that. Somebody else made that happen.”
Re: my comment (1)
Keynes, himself, didn’t use the multiplier effect; but his acolytes (mainly Samuelson) incorporated it into Keynesian theory.
Didn’t want to mislead, here.
The Fauxcahontus vid over at Rogie’s was very innerestin’!
I think she fully believes everything she says & also believes
that if she says it, it’s true! Some of her points were such BS
I’m stunned that anyone would believe them. Like business
owners getting a free ride on the highways! But the audience
of Massachusetts dumbocraps cheers away! I wish we could
give Massachusetts back to Merry ol’ England!