Wednesday, October 29, 2008

Trickle Down Being Shelved?

A new economic stimulus plan is being considered that may:1
  • Extend unemployment insurance benefits.
  • Increase Supplemental Nutrition Assistance Program (SNAP) (formerly Food Stamp) benefits.
Nutrition assistance would be welcome:

Click for larger.

So ...Regardless of who wins next Tuesday, it looks like the trickle down theory (is that what George Bush senior referred to as "voodoo economics"?) is being shelved for the time being.
1 Another Stimulus Plan Under Consideration, TEFAP (The Emergency Food Assistance Program), October 24, 2008.
Map from: As Jobs Vanish And Prices Rise, Food Stamp Use Nears Record, New York Times, March, 2008.

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