Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin

Exercise 1

Spending on the food stamp program doubled during the first Obama administration, reaching $82 billion per year. People who received additional aid under the program surely benefitted from it, but people who had to pay for the program just as surely were made worse off. On what basis would you decide how much we should spend on food stamps? Why don't we simply have food stamps for everyone?