(CNSNews.com) - People who depend on the government to buy their food using food stamps are boosting the economy, the White House says.
A Thanksgiving message posted on the White House website says the Supplemental Nutrition Assistance Program (SNAP)--AKA food stamps--helps millions of Americans put food on the table and keeps millions out of poverty.
In the last five years, according to the U.S. Department of Agriculture, the number of Americans on food stamps has gone up 67.7 percent.
"What's more, SNAP is boosting the economy right now," the infographic says. "SNAP's effect extends beyond the food on a family's table--to the grocery stores, truck drivers, warehouses, processing plants and farmers that helped get it there."
The White House says every $5 in new SNAP benefits generates as much as $9 in economic activity for participating grocery stores and farmer's markets.
"It's estimated that an additional $1 billion in SNAP benefits supports an additional 8,900 to 17,900 full-time-equivalent jobs -- including 3,000 farm jobs," the White House said.
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7 comments:
food stamps do not keep people out of poverty, they place people into poverty. when one cannot support oneself or the family and must depend on the charity of others for the basic needs, that is poverty.
Wow.. this is a no brainer. Let's all get fired from our jobs, go on food stamps, and we can fix the economy... they just want to create a class of leaches; taking from the middle/lower classes and giving to the leaches thus dragging everyone down except the privileged.
This is the liberal democrat view.Take from the working class and give to the poverty class instead of boosting job creation all the while making the elite class richer.
So, if they give food stamps to everyone, the economy would be booming!?
recycling money does not add to the economy.
Finally a positive thing for the economy done by Obama. How pathetic, when is this clown going to be impeached?
Welfare is the slavery of our day!!! Any type or fashion... you owe your soul to the MAN!!
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