Kakistocracy: n., pl. -cies.
Government by the least qualified or most unprincipled citizens.
Posted on 01/28/2009 3:14:28 AM PST by Sub-Driver
Food Stamps Will Stimulate the Economy More than Tax Cuts, Pelosi Says Wednesday, January 28, 2009 By Ryan Byrnes
(CNSNews.com) – Food stamps and unemployment insurance will provide more economic stimulus than tax cuts, House Speaker Nancy Pelosi said Tuesday during a telephone press conference.
“(F)ood stamps and unemployment insurance, which affect the people in the states, are necessary at this time when funds are short and the economy is down, (and) actually have the most stimulative effect on the economy,” Pelosi said. “Food stamps first, unemployment insurance next, infrastructure after that, and it goes on from there.”
During the press conference, Pelosi laid out the contents of the American Recovery and Reinvestment Act, which is expected to be passed in the House Wednesday. employment insurance “have the most stimulative effect on the economy,” and as a result are given the greatest priority in the stimulus package.
“Actually, those investments bring a bigger return than the tax cuts,” she said, adding: “but tax cuts where we have them – to the middle class – we think will give us our biggest return.”
The 20-minute news conference also included Govs. Edward Rendell (D-Pa.) and Jim Douglas (R-Vt.).
The American Recovery and Reinvestment Act will devote $20 billion to “provide nutrition assistance to modest-income families and to lift restrictions that limit the amount of time individuals can receive food stamps,” according to a summary of the plan released last week by the House Appropriations Committee.
(Excerpt) Read more at cnsnews.com ...
gimme
gimme
gimme
This is a natural conclusion of demand side economics. Too bad most Republicans are demand siders too.
L
This is Pelosi’s Marie Antoinette moment. We can’t afford to squander it.
Botox: It very rarely kills your brain. But sometimes, it does.
BS! Give him a weapon and stand with him.
And experience has shown that lowering tax rates for the top bracket does a great deal for the economy, merely by allowing the top-bracket earners to not worry so much about tax-avoidance strategies.
Kakistocracy: n., pl. -cies.
Government by the least qualified or most unprincipled citizens.
As CapnJack notes in #12, her position is perfectly rational. Your mistake is in assuming that she cares about the United States rather than the power of the Dem Party.
And spend an afternoon at the range...
I a looking forward to 2010. What an idiot.
Idiocracy on parade.
That’s because most Democrats believe that Social Programs IS the Economy. And the Government makes it all happen because of their vast wisdom.
If there was an IQ meter that could register a minus number, she could make it peg the bottom. This is just a way of keeping the people dependent on the government.
Some of us — nobody ‘round here — elected very naive, narrow-minded people. Unsophisticated, inexperienced people like Pelosi and Obama can’t imagine anything other than welfare life in the big city. When your only tool is a hammer, every problem looks like a nail.
Oh, yeah, food stamps are the first thing I would try to create new jobs, good paying jobs at that. /s
San Fran Nan had a press conference? Did the press ask any challenging questions, or did they behave like the jury in 'Alice in Wonderland' dutifully scribbling down everything the Queen told them?
The only tool that 0bama, Pelosi and the Dems have is a screwdriver.
it’s unreal. what an idiot she is
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