That's the same as living on a credit card.
#50 | Posted by lfthndthrds
Not at all. Unless it's a prepaid credit card or a debit card. like the Bank of America card that got my unemployment money during COVID.
What it's like is like living off Social Security checks.
"The Federal money has to come from somewhere -it sure as hell doesn't grow on trees."
Correct. It comes from taxpayers.
And then, it gets given to taxpayers in exchange for goods.
That Federal money is an economic stimulus. It creates jobs and grows the economy.
"Borrow, take money out of one pocket and put it in the other pocket. wash rinse and repeat"
Money doesn't buy money. It doesn't just go from one pocket to the other. Money buys food, and a whole lot of middlemen have to get paid along the way for that to happen.
I mean, just read any economic website you prefer. Or maybe you'd rather remain ignorant, because they'll all tell you that you're wrong. SNAP generates more money than it costs.
Prisoners are used as free labor.
Do they get a choice in the matter? I'm not sure how that works.