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Politics - US Politics |OT| - View Post

xboxgreen said:
Bofferbrauer2 said:

Now explain to me how things that have zero effect on food prices like welfare and housing would have any effect on food prices. As for the food for food stamps, less than point one percent of all the food in the US are used in this program, so removing those would have no real measurable effect on the prices.

If you remove social programs the government provides you won't see the price of products go up artificially.

For example, if you give me welfare I will have more money to spend on products like food. Therefore driving up the demand artificially and causing inflation.

If welfare spending is offset by increases in taxation, the amount of available cash for spending is equalized, therefore offsetting increases in demand from welfare with decreases in demand from taxation. 

So, just tax the rich. Easy enough.

Also makes it kind of hilarious that Trump cut taxes for the rich when we're still fighting to get out of one of the worst inflationary periods in recent memory. His economic sense is questionable...