Excerpted From The Daily Caller: Hillary Clinton argued that expanding food stamps and other safety net programs is essential to fuel economic growth at a speech to General Electric executives, according to an excerpt of the transcript made public by WikiLeaks Friday.
“Economic growth will take off when people in the middle feel more secure again and start spending again,” Clinton said in her speech at General Electric’s Global Leadership Meeting in January, 2014.
Giving people income assistance, like the food stamps program, would help the economy because families on food stamps will have more money to spend, Clinton argued. “We need to get back to Henry Ford paying his workers a high wage because he wanted people to buy his cars,” Clinton told the group, referring to Ford’s 1914 decision to double increase wages and bonuses for his employees.
Dismissing the fact that “there’s always the instance where they find one guy somewhere who misused food stamps,” Clinton said the food stamps program is not just good for economic growth, but is also the compassionate thing to do. Read the whole thing
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