Political Quotes

On the recordNovember 18, 2013
I thank the distinguished gentleman from the Silver State, and I think it is very important to note that in addition to the compassionate reasons to provide food assistance to hungry Americans in the greatest Nation in the world--that, it seems to me, should be sufficient enough reason for the government to act. But if that, for whatever reason, does not provide adequate motivation for my colleagues on the other side of the aisle to deem it significant, to allow for the robust Supplemental Nutrition Assistance Program to remain in effect, I would suggest that there are also economic benefits to making sure that we provide assistance to low-income Americans. Every economist who has studied the sluggish nature of our economic recovery recognizes that perhaps the biggest problem that we confront is the inadequate nature of our consumer demand, that Americans, for a wide variety of reasons, aren't spending enough. One of the reasons on the low-income side of the socioeconomic strata is because poorer Americans just don't have the resources. One of the reasons why I support an increase in the minimum wage is because independent economists have clearly indicated that, if you put additional dollars in the hands of lower-income Americans, the likelihood is they will spend those dollars, which increases economic productivity because of the increase in consumer demand.…
Said by
Hakeem Jeffries
Democratic · New York
Source
govinfo.gov
Nov 18, 2013

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