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Tuesday, October 13, 2009

WIC is B.S. Because Money Is Fungible.

Our model family comprises a man with a crappy job and a woman who has birthed 4 children to him. They are up to their eyeballs in "low, low monthly payments" so that they have almost no money left over after debt servicing and bills are taken care of every month.

So their State government steps in with the Women/Infants/Children program (or food stamps, or what-have-you) and flat-out GIVES them hundreds of dollars a month in food and medical benefits. This is upheld as a Good Thing, and an example of the kind-heartedness of the People of the USA.

But money is fungible.

That family now has a couple-hundred more dollars a month to put towards a NEW set of "low, low monthly payments" (a.k.a. more "stuff" or booze or cable TV bills) because they don't have to worry about feeding their children.

How is this different to just giving that family a couple-hundred dollars a month? It is, effectively, not.

Would you be in favor of just handing out a couple hundred dollars to these people because they are (by choice) hard up for cash? If not, then you are a closet conservative. If so, then you are a closet socialist. And, as the examples of history teach us, one of the main problems with Socialism is that eventually you run out of other people's money to give away.

If you do not ever worry about "where does the government get the money?" then you are a [deleted] and you don't even know it, because you were educated in government schools. Feel sorry for yourself, for you are the downfall of your own nation.

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