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From an article in the Economist:
"Food stamps, they argue, are far from lavish. Only those with incomes of 130% of the poverty level or less are eligible for them. The amount each person receives depends on their income, assets and family size, but the average benefit is $133 a month and the maximum, for an individual with no income at all, is $200." and "Food stamps also help stimulate the economy more than other forms of government spending, points out Jim Weill of Food Research and Action Centre, a charity, since their recipients are so poor that they tend to spend them immediately. When Moody’s Analytics assessed different forms of stimulus, it found that food stamps were the most effective, increasing economic activity by $1.73 for every dollar spent. Unemployment insurance came in second, at $1.62, whereas most tax cuts yielded a dollar or less. All the talk in Washington these days, however, is of cutbacks—even for the hungry." Of course, the asshole teabagger Republicans don't give a crap about the poor. |
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