Obama Ag Secretary: Food Stamps Are Good For The Economy

According to Obama administration Ag Secretary Tom Vilsack, food stamps are good for the economy. According to Vilsack, for every $1.00 spent on food stamps we see $1.84 in production.

So I guess that’s the solution for the economy, right?

Step 1: Put every one on food stamps. Step 2: Prosper.

So how can the Obama administration conclude that food stamps have a multiplier effect in the economy? After all, food stamps are paid for with tax dollars. In order to spend money on food stamps, money must be taken from someone else. Thus, at best, the impact of food stamps on the economy should be neutral.

But I think what the Obama administration is doing is failing to recognize the economic impact of taking from the economy to fund food stamps. If you erase that side of the equation, of course you’re going to find a net positive economic impact. But, in the real world, you can’t ignore it.

Rob Port

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters.

Related posts