{BS} Nancy Pelosi: Unemployment insurance creates jobs.
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From: Hachiroku ハチロク on 2 Jul 2010 14:27 DAMN! Where do I sign up?!?!?!
From: ron on 2 Jul 2010 14:46 I am glad you posted this - when I read it a couple of days ago I figured she would "clarify" her remarks. She didn't - she is so used to parroting the nobama line she is starting to make if biden sound less than a half-wit. No wonder we're in such a mess - if those in her position think that extending unemployment benefits to someone after about 90 or so weeks is going to create jobs.................. the only jobs this will create is to send out the checks.
From: Jeff Strickland on 2 Jul 2010 15:22 "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message news:4c2e2f9d$0$1049$afc38c87(a)read01.usenet4all.se... > DAMN! Where do I sign up?!?!?! > > Of course it does! Unemployemnt creates jobs because people without jobs collecting unemployment can buy stuff, which creates a job for somebody else. Or, it saves a job from going away. But a job that goes away simply means that another person collects unemployment so they can buy stuff and create another job. The really funny part is that nobody seems to care where the money comes from, but the reality is that they are taking a dollar from the right side pocket and putting it into the left side pocket, and counting up how full the left side pocket is getting and ignoring how empty the right side pocket is getting. What they also seem to ignore is that if there is a worker making $25 per hour, and you give him $250 in unemployment benefits, he's still not gonna buy anything, and no jobs are created or saved.
From: Hachiroku ハチロク on 2 Jul 2010 21:41 On Fri, 02 Jul 2010 12:22:32 -0700, Jeff Strickland wrote: > > "Hachiroku ????" <Trueno(a)e86.GTS> wrote in message > news:4c2e2f9d$0$1049$afc38c87(a)read01.usenet4all.se... >> DAMN! Where do I sign up?!?!?! >> >> >> > Of course it does! > > Unemployemnt creates jobs because people without jobs collecting > unemployment can buy stuff, which creates a job for somebody else. Or, it > saves a job from going away. But a job that goes away simply means that > another person collects unemployment so they can buy stuff and create > another job. > > The really funny part is that nobody seems to care where the money comes > from, but the reality is that they are taking a dollar from the right side > pocket and putting it into the left side pocket, and counting up how full > the left side pocket is getting and ignoring how empty the right side > pocket is getting. > > What they also seem to ignore is that if there is a worker making $25 per > hour, and you give him $250 in unemployment benefits, he's still not gonna > buy anything, and no jobs are created or saved. That money will be going to pay a mortgage, which does not create jobs, or to pay for groceries, which does not create jobs, or to buy Chinese made goods, which ships the dfollar overseas.
From: edspyhill01 on 3 Jul 2010 06:41
On Jul 2, 9:41 pm, Hachiroku $B%O%A%m%/(B <Tru...(a)e86.GTS> wrote: > On Fri, 02 Jul 2010 12:22:32 -0700, Jeff Strickland wrote: > > > "Hachiroku ????" <Tru...(a)e86.GTS> wrote in message > >news:4c2e2f9d$0$1049$afc38c87(a)read01.usenet4all.se... > >> DAMN! Where do I sign up?!?!?! > > > Of course it does! > > > Unemployemnt creates jobs because people without jobs collecting > > unemployment can buy stuff, which creates a job for somebody else. Or, it > > saves a job from going away. But a job that goes away simply means that > > another person collects unemployment so they can buy stuff and create > > another job. > > > The really funny part is that nobody seems to care where the money comes > > from, but the reality is that they are taking a dollar from the right side > > pocket and putting it into the left side pocket, and counting up how full > > the left side pocket is getting and ignoring how empty the right side > > pocket is getting. > > > What they also seem to ignore is that if there is a worker making $25 per > > hour, and you give him $250 in unemployment benefits, he's still not gonna > > buy anything, and no jobs are created or saved. > > That money will be going to pay a mortgage, which does not create jobs, or > to pay for groceries, which does not create jobs, or to buy Chinese made > goods, which ships the dfollar overseas.- Hide quoted text - > > - Show quoted text - Well, business genius, grocery shopping keeps people employed in minimum wage jobs and those jobs could increase. And why do we import just about all durable goods and therefore ship the major portion of our purchasing dollars off-shore? Neo-con hair-brained schemes enacted since senile Reagan's presidency. Voodoo economics, to quote one of you Bush masters. |