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Doesn't speak well for his intelligence, does it?
That is very interesting.
The liberals have no shame.
And how stupid the fake Republican has to be not to even consider the possibility that, in this day and age, he would be promptly exposed as the liberal Democrat piece of shit fraud he really is.
The problem here Daveman is that people like Eisenhower, Goldwater, Reagan, and both Bush's would be considered liberal trolls posing as conservatives on sites like these...if they posted on this site.Doesn't speak well for his intelligence, does it?
That is very interesting.
The liberals have no shame.
And how stupid the fake Republican has to be not to even consider the possibility that, in this day and age, he would be promptly exposed as the liberal Democrat piece of shit fraud he really is.
Have you ever noticed that liberals who troll boards as conservatives are outed immediately, but conservatives have successfully posed as liberals on lib boards for years?
The response I would expect is "So what? At least these people will be working!!!"Of course, inflation would be so high that the money the government would print, plus what real wage earners make, would be worth absolutey nothing. We would be like what Germany was after World War One, which gave rise to Hitler. Is that what you want America to be like?Ok. So a friend of mine is a bit of a leftie. And we all met today to do our NFL fantasy football roundup. And of course, after that and pizza, politics came up. And he is a staunch Obama supporter. He said of course the Tea Party was evil, blamed Bush for the mess we're in, then offered one whopper of an idea. Wanna hear it?
He said if only the right wing would get out of the way, Obama could fix the country and have 0% unemployment. Thats right. ZERO % unemployment. How, I asked? He says....
"The government can do two things: Hire people, and print money. There is so much that needs to be done, the government can just hire everyone who is unemployed, give them a role, and print the money to pay them. There would be no unemployment and no poverty. Of course, the Tea Party would vote to block it because for some reason they like people struggling."
How could I not have thought of that myself??????????
Of course. Just hire everyone, and print the money to pay them. No more poverty, no more unemployment!!!!!!
Left wingers, you are so brilliant
Ok. So a friend of mine is a bit of a leftie. And we all met today to do our NFL fantasy football roundup. And of course, after that and pizza, politics came up. And he is a staunch Obama supporter. He said of course the Tea Party was evil, blamed Bush for the mess we're in, then offered one whopper of an idea. Wanna hear it?
He said if only the right wing would get out of the way, Obama could fix the country and have 0% unemployment. Thats right. ZERO % unemployment. How, I asked? He says....
"The government can do two things: Hire people, and print money. There is so much that needs to be done, the government can just hire everyone who is unemployed, give them a role, and print the money to pay them. There would be no unemployment and no poverty. Of course, the Tea Party would vote to block it because for some reason they like people struggling."
How could I not have thought of that myself??????????
Of course. Just hire everyone, and print the money to pay them. No more poverty, no more unemployment!!!!!!
Left wingers, you are so brilliant
The problem here Daveman is that people like Eisenhower, Goldwater, Reagan, and both Bush's would be considered liberal trolls posing as conservatives on sites like these...if they posted on this site.Doesn't speak well for his intelligence, does it?That is very interesting.
The liberals have no shame.
And how stupid the fake Republican has to be not to even consider the possibility that, in this day and age, he would be promptly exposed as the liberal Democrat piece of shit fraud he really is.
Have you ever noticed that liberals who troll boards as conservatives are outed immediately, but conservatives have successfully posed as liberals on lib boards for years?
The once mighty and moral GOP has been co-opted by Christian social conservatives. If you're not that.....they call you a liberal commie socialist.
The problem here Daveman is that people like Eisenhower, Goldwater, Reagan, and both Bush's would be considered liberal trolls posing as conservatives on sites like these...if they posted on this site.Doesn't speak well for his intelligence, does it?That is very interesting.
The liberals have no shame.
And how stupid the fake Republican has to be not to even consider the possibility that, in this day and age, he would be promptly exposed as the liberal Democrat piece of shit fraud he really is.
Have you ever noticed that liberals who troll boards as conservatives are outed immediately, but conservatives have successfully posed as liberals on lib boards for years?
The once mighty and moral GOP has been co-opted by Christian social conservatives. If you're not that.....they call you a liberal commie socialist.
You really should stop reading HuffPo. They're all idiots over there.The problem here Daveman is that people like Eisenhower, Goldwater, Reagan, and both Bush's would be considered liberal trolls posing as conservatives on sites like these...if they posted on this site.Doesn't speak well for his intelligence, does it?That is very interesting.
The liberals have no shame.
And how stupid the fake Republican has to be not to even consider the possibility that, in this day and age, he would be promptly exposed as the liberal Democrat piece of shit fraud he really is.
Have you ever noticed that liberals who troll boards as conservatives are outed immediately, but conservatives have successfully posed as liberals on lib boards for years?
The once mighty and moral GOP has been co-opted by Christian social conservatives. If you're not that.....they call you a liberal commie socialist.
The HuffandPuffingfton Post.You really should stop reading HuffPo. They're all idiots over there.The problem here Daveman is that people like Eisenhower, Goldwater, Reagan, and both Bush's would be considered liberal trolls posing as conservatives on sites like these...if they posted on this site.Doesn't speak well for his intelligence, does it?
Have you ever noticed that liberals who troll boards as conservatives are outed immediately, but conservatives have successfully posed as liberals on lib boards for years?
The once mighty and moral GOP has been co-opted by Christian social conservatives. If you're not that.....they call you a liberal commie socialist.
Left wingers, you are so brilliant
Just out of curiosity, which part are you claiming is impossible for us to do? Or, are you trying to say this plan is possible, you just don't like it?
All of it is impossible.
The government hire EVERY unemployed American? 35 million people?
The government print enough money to pay them all 25-30K a year?
Neither are possible. Well, in liberal lala-land, I suppose it's technically possible. But WTF?
Which is it? Possible or not possible?
And there aren't 35 million people out of work. The work force is about 150 million, of which 9.1 % are unemployed, so that's 13.65 million.
if you think this is a viable plan, you're as big a moron as the OP's friend.
Printing money with nothing to back it up decreases the value of the currency... causes inflation...back to square 1.
This is the new mantra of the left; that having a job is a right. I fell to the floor when I heard one of the radio pundits pushing this a couple of months ago. Was sure he was being facetious but found that him and his guest were really quite serious. The arguments sound good on the front but are TERRIBLE when looked at.
All of it is impossible.
The government hire EVERY unemployed American? 35 million people?
The government print enough money to pay them all 25-30K a year?
Neither are possible. Well, in liberal lala-land, I suppose it's technically possible. But WTF?
The only part I think your friend got wrong was using 0% as a target. No economist worth his salt would aim for that. The typical norm is 4%-6%. That's healthy. Lets take 6% as a target.
Math alert
9.1% - 6% = 3.1%
3.1% of 150M = 4.65M
4.65M * $30K per year = $139.5B
Now, add in benefits and you're talking more like $167B as a total cost per year. But, those people would no longer be drawing unemployment, so we would save
4.65M * $300 per week * 26 weeks = $36.27B
Total cost is then only $130.7B. Plus, if we wanted, we could make them pay taxes on it, like, you know, good tax-paying workers do. That would mean increased revenue of
15% * $130.7B = $19.6B
So, the real total cost would be $111.1B.
Not counting materials of course, but that number doesn't seem impossible. Does it?
I'll give you the benefit of the doubt that you really are looking for an honest answer to this so here goes:
First, you are focusing on the cost and that is irrelevant. Some here are pointing to the inflation but that is but a minute part of the problem. The real problem, and difference from what BFG was putting out there, is the idea that EVERYONE gets a job and a 'decent' salary. That means there is no measure to what you must accomplish in said job, no motivation to produce. If that job paid anything then there would suddenly be ZERO reason to go work at a McDonalds, Wal-Mart, Janitorial jobs or a million other low wage jobs. The government job would be better and also have the upside of not having to actually work.
This causes a vicious cycle as all non government jobs would need to raise the pay to keep anyone causing the prices of all goods to increase again causing the government jobs wages to be to little to accomplish anything forcing them to increase the pay further forcing the private sector to....
It is a circle eventually causing zero production in a society where everyone is employed by the government and no one actually does anything. You cannot employ 100% of the population and you cannot eliminate poverty. Like it or not, ALL societies need janitors, burger flippers and other low wage jobs. Those that have jobs like this should make enough to live but they will never be able to elevate them to middle class or comfortable lifestyles. You MUST have poor and rich. The trick is minimizing those sectors of society and having the bulk of people in the middle class/upper middle class. Any society that eliminates poverty essentially causes all to be poor instead of all to be middle class.
There is merit to TEMPORARY government employment in times of bad economic stress but the problem is in these modern times there is no temporary about it. We just keep INCREASING. At some point the government becomes to bloated to increase anything.
Ever hear of the New Deal and work programs like the WPA? It helped lift America out of the depression.
But more importantly, it gave the unemployed a job to feed their families.
You right wingers always forget about families, and human beings. During the Great Depression conservatives raised objections to F.D.R.s programs. They said the economy must be left alone and it would correct itself in the long run. Commerce Secretary Harry Hopkins shot back: People dont eat in the long run. They eat every day.
The government hired about 60 per cent of the unemployed in public works and conservation projects that planted a billion trees, saved the whooping crane, modernized rural America, and built such diverse projects as the Cathedral of Learning in Pittsburgh, the Montana state capitol, much of the Chicago lakefront, New York's Lincoln Tunnel and Triborough Bridge complex, the Tennessee Valley Authority and the aircraft carriers Enterprise and Yorktown.
It also built or renovated 2,500 hospitals, 45,000 schools, 13,000 parks and playgrounds, 7,800 bridges, 700,000 miles of roads, and a thousand airfields. And it employed 50,000 teachers, rebuilt the country's entire rural school system, and hired 3,000 writers, musicians, sculptors and painters.
In other words, millions of men and women earned a living wage and self-respect and contributed mightily to the national infrastructure.
way to miss the point.
You simply cannot just print money and give everyone a job paid for with that money... the money is worthless because there is nothing to back it up... so prices skyrocket... putting everyone right back where they were to begin with.
No, but the government can put people to work through programs like the WPA. We bailed out the banks who destroyed our economy and caused the job crisis we're in. At least WORK programs create and build things that benefit everyone.
Ever hear of the New Deal and work programs like the WPA? It helped lift America out of the depression.
But more importantly, it gave the unemployed a job to feed their families.
You right wingers always forget about families, and human beings. During the Great Depression conservatives raised objections to F.D.R.s programs. They said the economy must be left alone and it would correct itself in the long run. Commerce Secretary Harry Hopkins shot back: People dont eat in the long run. They eat every day.
The government hired about 60 per cent of the unemployed in public works and conservation projects that planted a billion trees, saved the whooping crane, modernized rural America, and built such diverse projects as the Cathedral of Learning in Pittsburgh, the Montana state capitol, much of the Chicago lakefront, New York's Lincoln Tunnel and Triborough Bridge complex, the Tennessee Valley Authority and the aircraft carriers Enterprise and Yorktown.
It also built or renovated 2,500 hospitals, 45,000 schools, 13,000 parks and playgrounds, 7,800 bridges, 700,000 miles of roads, and a thousand airfields. And it employed 50,000 teachers, rebuilt the country's entire rural school system, and hired 3,000 writers, musicians, sculptors and painters.
In other words, millions of men and women earned a living wage and self-respect and contributed mightily to the national infrastructure.
What year did the WPA "lift America out of the Depression"?
I said it HELPED lift America out of the Depression. But most importantly it helped Americans feed their families, keep their homes and keep their self respect.
Ok. So a friend of mine is a bit of a leftie. And we all met today to do our NFL fantasy football roundup. And of course, after that and pizza, politics came up. And he is a staunch Obama supporter. He said of course the Tea Party was evil, blamed Bush for the mess we're in, then offered one whopper of an idea. Wanna hear it?
He said if only the right wing would get out of the way, Obama could fix the country and have 0% unemployment. Thats right. ZERO % unemployment. How, I asked? He says....
"The government can do two things: Hire people, and print money. There is so much that needs to be done, the government can just hire everyone who is unemployed, give them a role, and print the money to pay them. There would be no unemployment and no poverty. Of course, the Tea Party would vote to block it because for some reason they like people struggling."
How could I not have thought of that myself??????????
Of course. Just hire everyone, and print the money to pay them. No more poverty, no more unemployment!!!!!!
Left wingers, you are so brilliant
Sounds like a fantasy friend to me, but if you say so, then who am I to argue when you tell me that you have a friend who is completely and utterly wrong about macroeconomics?
