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First they came for the Socialists, and I did not speak out....

Discussion in 'Sports and News' started by poindexter, Jan 27, 2014.

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  1. The Big Ragu

    The Big Ragu Moderator Staff Member

    Shit, I can't help it now. .. and still on a train.

    This discussion is so ridiculous. And yet, somewhere Bastiat is dancing with glee.

    So great, the SNAP program creates $14 billion a year in revenue for Wal-Mart. I'll roll with that.

    Thanks to SNAP, we are feeding the hungry. ... creating shareholder wealth that makes a ton of people better off. ... aren't you forgetting the job creation (SNAP is a jobs program!) it is responsible for? Wal-Mart has to employ people to meet all that demand that SNAP creates.

    Can you hit the google and give us another handy link to demonstrate how many Wal-Mart jobs all the demand for food SNAP creates (which wouldn't otherwise exist)?

    Who knew that SNAP was such a boon to so many people. Shouldn't we be putting everyone on food stamps, feeding everyone, creating wealth and creating full employment in the process?
     
  2. LongTimeListener

    LongTimeListener Well-Known Member

    Only if we counterbalance it with the moral hazard involved in feeding people.
     
  3. RickStain

    RickStain Well-Known Member

    Just say "broken window fallacy" and move on.
     
  4. daemon

    daemon Well-Known Member

    I'm sure everybody appreciates the internal dialogue.

    And, as Rahn argues in the Cato doc that I linked that you probably did not read, the redistribution of income does not really affect the top 1 percent as much as it does the middle class, and this entire discussion spawned from the persecution complex of said 1 percent, and your defense (along with others'), of said persecution complex. The real redistribution of wealth is the estate tax. The whole food stamp thing is just an easy way to distract the middle and lower classes by pitting themselves against each other in order to deflect attention from the real reforms that need to occur in order to create an environment that engenders sustained economic growth without the tax bills that we all currently face. And as somebody pointed out, one might be able to justify SNAP on non-humanitarian grounds. Look at it as a tribute payment to limit low class disaffection that might otherwise turn even more violent than it already is.
     
  5. daemon

    daemon Well-Known Member

    My friend, we appear to live in two different worlds, yours far more blissful than mine. In my world, we have things called facts, which are verifiable realities that one does not have the option of "rolling with" or "not rolling with." They are not arguments, or premises, or conclusions. They are facts.

    You have spent much of this thread treating verifiable facts and heavily-trafficked economic concepts as if they are a kind of hocus pocus that you would consider only in order to humor somebody. Frankly, it's amusing, as is your last question, which pretty much hypothesizes a system that the far, far left has dreamed of for decades.
     
  6. YankeeFan

    YankeeFan Well-Known Member

    Readng?

    Gotta do better than that if you want to play the condescending smart guy.

    Stitch had it down. You still have a lot of work to do.
     
  7. YankeeFan

    YankeeFan Well-Known Member

    What did you have to edit in this post?

    And, don't try to work Fart's corners.

    You have enough trouble working Stitch's.
     
  8. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    I don't approve of all this fighting.
     
  9. The Big Ragu

    The Big Ragu Moderator Staff Member

    Thanks for all of that fact, daemon.

    SNAP is a scheme to pit the middle class against the lower class. And it is a boon to "Big Food." No, make that Wal-Mart.

    It's just fact. ... because Richard Rahn wrote an editorial for the Washington Times that you linked to. Since it is fact, I'll overlook the fact that what he wrote in his op-ed piece has nothing to do with this conversation, and he actually didn't say anything remotely close to what you keep posting.

    So shit. ... SNAP isn't what it actually appears to be. It's not a $70 billion means-tested entitlement program that gives a subsidy to one group of people at the expense of others.
     
  10. Baron Scicluna

    Baron Scicluna Well-Known Member

    From what I'm reading, are you assuming that the $1 from the SNAP customer is still going to be spent, only by a non-SNAP customer?

    Because if you are, then 1. why aren't the non-SNAP people already spending that, and 2. Where are the SNAP customers going to get their $1 from if they are cut from the rolls, they're not getting it from SNAP and they're not working (for whatever reason)?

    If there aren't SNAP customers spending and non-SNAP people making up the difference, then Walmart is going to see a 3 percent drop in their revenues, which means shareholders would be going in a full-fledged panic (at least, that's what's been told to me on here when I've suggested Walmart cut some of their profit and pay their workers better).
     
  11. doctorquant

    doctorquant Well-Known Member

    Well, the good news is that SNAP money gets spent, as opposed to getting parked in some bank account. Let's not forget that ...
     
  12. doctorquant

    doctorquant Well-Known Member

    Reposting to emphasize that I intended to post this before Baron posted his. The deliciousness of the juxtaposition of those two posts is just beyond this world.
     
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