Press Secretary Jay Carney said that more unemployment checks are key to growing the US economy. Yesterday, a Journal reporter asked how the White House can claim that extending unemployment insurance actually creates jobs. Carney didn’t want to be challenged, and so he quickly attacked the messenger: “Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam.” “It is one of the most direct ways to infuse money directly into the economy because people who are unemployed and obviously aren’t running a paycheck are going to spend the money that they get. They’re not going to save it, they’re going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually. [ame="http://www.youtube.com/watch?v=5ERiEhKC0EM"]Carney: Unemployment Benefits Could Create Up To 1 Million Jobs - YouTube[/ame] Now WE know why the US economy is screwed as long as Obama sticks around. Dumber than dumb describes the Obama Economic team and his administration in general.
Really? You need to apply for a position on the Obama team. Heck, why not give everyone an unemployment check whether they want to work or ever worked or not.
Classic leftninny goofythink. Stupidity can no longer be denied, It was wrong the Queen of the Bay said it, and its doubly wrong when the Prince of the Potomac says it. Stupidity is an incurable disease.
Are you seriously suggesting that they won't spend the money? Is it going to magically disappear after the receive it without stimulating anything? That's about as smart as thinking that a trillion dollars has no effect on the economy whatsoever.
Um...this is proven economic fact. Why do you think we have unemployment benefits if it wasn't economically beneficial to have them? Do you think the government hands out free money because it touches their heart to do so? HA! They do it because businesses want them to do it. It keeps customers with enough money to buy things but not enough money where they don't feel the need to find a new job..
Are you seriously suggesting that people on unemployment are job creators? Yes they will spend it, and imagine that they would spend more if they had an actual job. You may be satisfied to be a resedent of the governemnt dependancy class, but I want dignity and to earn my own way. Leftists suck.
Obama is a bottom feeder and only appeals to those who occupy the same space. Its all cozy at the bottom.
This is proven economic fact you're trying to debate. Yes, unemployment benefits creates jobs. Having more people spending money creates jobs. It's a temporary relief until private sector picks up the slack. It's been done in every recession since the great depression. Yes. It works. That's why we do it.
Thats leftist loser head-up-butt delusional buffoonery. If that had even a modecum of truth in it, then our economy should be swimming right along, instead of foundering with a credit downgrade and near stalled manufacturing sector. There is no relief in sight, temporary or otherwise, untill January 2013, O'Bama is an utter failure at everything always, as is clearly and obviously the case.
Because only clueless bottom feeders think that unemployment stimulates the economy. Thats the stupidest thing I've ever heard. Employment stimulates the economy. Think man, think. People on unemployment are meeting their needs and no more. People with jobs buy houses, cars, washing machines, and on and on. People on unemploymeny pay their rent and buy food and meet critical expenses incured while looking for work. Get a fricking clue.
Nonsense. The country has plenty of debt left to rise. And it costs more money to not take action. We either spend one large payment now. Or we let these deficits stay as high as they are and spend even more later. Your choice. Do you want a less expensive 2 trillion dollar stimulus. Or a more expensive 4.5 trillion dollar after 3 more years of 1.5 trillion deficits.
There is only one thing I want. I want leftist ideology discredited in the same way the ideology of slavery was discredited. I'm not interested in going forward with the existing political and economic order in this country. I make no secret of this.
Well you're fighting with well established economic policy. It's been proven to work. You're going to have to find an alternative that works before you can boot out the old. And constant tax cuts and hikes in military spending no matter the economic conditions don't play well to economists. Nor does cutting all welfare programs. Or trying to cut spending in a recession. You've got your work ahead of you if you expect to replace well established economic fact.
