There was an interesting article on Food stamp usage in the US. What surprised me was that 15% of the population is on food stamps or 46 Million people which is nearly double from 4 years ago. I was also struck by the comment that Food Stamps are an “implicit subsidy for low-wage jobs” and basically, disincent companies from paying higher wages.

This is a very interesting point and was the first time I have thought about Food Stamps in such a way. Does expanding the program actually enable companies to pay poorly? So would cutting back the food stamps result in higher pay or just result in fewer jobs? I don’t know where I stand on this one as my liberal side says that we need the safety net, but, we should not enable companies to pay poorly. However, on the other hand, myfiscally conservative side says we should not spend so much money on food stamps, but, it does appear to spur job growth…