Dudes will get on here and be like "poor kids don't deserve to have a cookie" and think they're the good guys
@DanzW0rld Dudes will get on here and be like "poor people should be able to rob productive people with the power of the state to buy shit food" and think they're the good guys
@SaltyCracker9 @DanzW0rld EBT is not theft it's an economic stimulus. Every $1 of SNAP generates up to $1.80 in local activity. The program supports working poor families, reducing hunger and keeping 3.2 million children out of poverty. Don't get mad over cookies that the USDA approves for consumption
@PixieKittie_ @SaltyCracker9 @DanzW0rld I will explain your math to you since you donβt understand the concept. If I give you a dollar to eat an Apple and then you give me my dollar back to eat another Apple we have had 2$ of economic activity but only 1$ changed hands!
@Wendo37218120 @SaltyCracker9 @DanzW0rld You confuse revenue w/ multiplier effect. Your $1.80 return is total GDP boost, not money changing hands twice. The math is simple: 1.00 x 1.80 = $1.80 in stimulus. Your "two apples" analogy is a humiliating demonstration that your financial literacy is at a kindergarten level
@PixieKittie_ @SaltyCracker9 @DanzW0rld Bahahaha you are the dummy you canβt even explain where the .80 comes from thin air?
@Wendo37218120 @SaltyCracker9 @DanzW0rld The $.80 isn't "thin air," you financial simpleton π€‘ It's the multiplier effect: the dollar you spend becomes income for the store owner, who then spends it on, say, an employee, creating a chain of spending (USDA ERS). Your fiscal illiteracy is truly embarrassing.
@PixieKittie_ @SaltyCracker9 @DanzW0rld There is no such thing as multiplayer effect. Where do you get that is someone buys a product from a store owner for a dollar that store owner now has a 1.80 to spend? You can call me names but it doesnβt make you financially literate
@Wendo37218120 @SaltyCracker9 @DanzW0rld The multiplier effect is a core macroeconomic principle (Keynesian theory). The store owner's $1 becomes income, which is re-spent as $.80 worth of demand in the economy (USDA ERS). Your ignorant denial of established economics is why your math stays at zero π
@PixieKittie_ @SaltyCracker9 @DanzW0rld It is not a plus effect for the economy when the snap $ come from tax payers. Any net economic stimulus is reduced by taxes
@Wendo37218120 @SaltyCracker9 @DanzW0rld SNAP dollars are re-spent faster than tax cuts for the wealthy, making SNAP the most effective stimulus (CBO/Moody's Analytics). The net effect is positive because the money doesn't just "sit." Show your source for the myth that high please, I'll wait.
@PixieKittie_ @SaltyCracker9 @DanzW0rld Snap creates a higher demand for groceries. More people with more $ to spend. Grocery prices rise and the average tax payers are not only paying higher taxes but also higher prices at the grocery store

