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SNAP: Food Stamps Help, Not Hurt The Economy
Summary:
A new piece in the Kansas City infoZine reports that food stamps actually boost the economy.
February 6
SNAP: Food Stamps Help, Not Hurt The Economy
Publication: infoZine
Furthermore, (Center for American Progress economics expert, Donna Cooper) said those who are interested in cutting spending for SNAP simply do not understand that it would hurt entire communities. “A cut in food stamps will reduce store hours in areas where people rely on food stamps,” she said. When store hours are reduced, weekly income is reduced. And when income shrinks, it’s inevitable that more will fall under the poverty level and become eligible for food stamps. More applicants could mean more need for government spending.
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