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Reply to "Lets Slash Entitlements"
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[quote=Anonymous]You need to follow the money. The programs benefit many more people than just the poor beneficiaries. Food stamps were set up as vouchers paying retail so that farmers, big food companies, grocery chains, Walmart, et al get the money at their prices. If all we want is to feed poor people there are cheaper ways to do it. Medicaid money goes to hospitals, doctors, drug companies, nursing homes, labs et al. Without it, many small town hospitals would not survive because there would not be enough paying patients to support medical specialists, medical equipment, and other expensive capabilities. Housing programs are written to benefit developers, investors, and landlords. When the government spends money on poor people 100% of it goes directly back into the economy to pay for food, housing, health care, etc. and then those companies spend it on payroll, equipment, etc. A billion dollars of Medicaid spending provides much more overall benefit to the economy than a billion dollars of tax cuts for the wealthy. [/quote]
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