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May 31, 2013

Krugman comes to ringing defense of food stamps and he debates Newt

In today's column, Krugman explains how important food stamps were during the recession:
  1. Helps families and children avoid extreme poverty.
  2. Improved the overall economy by injecting money into society when no one else was spending.
  3. Is an investment in the country's future since it helps children do better in school since they are not hungry
He then proceeds to delineate how Republicans are trying to cut it since we can't afford it.  The best part is when he uses sarcasm to show how Republicans believe that food stamps were a cause of the economic crisis since they created a culture of dependency.

Krug debated Newt last night in Canada.  Seems Krugman won, as his point of view won over the most of the audience who was undecided. Topic was: Should we tax the rich more?

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