Sidney Lanier says:
Sidney Lanier SNAP is a subsidy program for food producers and distributors. A regular subsidy to individual households, as Switzerland is proposing and as both Nixon and McGovern supported in the ’72 election, would be more equitable and efficient. But, that would violare the fundamental prejudice that people have no money because they do not know how to manage it. Which of course is contrary to the reality that all dollars come out of the U.S. Treasury and, if people have none, it is because they were given none from the public purse and have not been clever enough to steal some. See, the problem with paper and electronic dollars is that they are inedible, undrinkable, unwearable and non-protective. Indeed, unlike the gold and silver, of which they used to be made, they cannot even be turned into artifacts or baubles which someone might value more. A cross of gold would be more useful than a pallet of Benjamins. Personally, I think anyone with an eleemosynary impulse should start carrying some Benjamins and hand them out more or less at random to people who will spend them and prime the economic pump. The dollar’s current has been slowing since about 1991. See that graph?