thereisnospoon
Gold Member
So?....Who claimed the writer of those stories is correct....If what they state is true, then why not have everyone collecting unemployment?I'm citing the CBO and moody when I talk of the growth created by unemployment benefts. I don't care what Nancy said.Ahh..Nancy Pelosi...She said unemployment compensation stimulated the economy.....And this is rich...."most of the stimulus went for unemployment compensation....But it still created 3 million jobs.....Yeah ok,,,,The stimulus? Nearly a trillion dollars?....So those magic jobs pay $300k per year? Because using your math, that's how much each one cost....I don't know about 5 million but I do know that the stimulus created 3 million private jobs.yep..The decline from 2009 thru the present has continued.....But I would be willing to wager that you believe the old White House narrative that "Obama has created 5 million jobs"....Right
Oh?.....And you can prove this...Your turn....OnswipeThe stimulus? Nearly a trillion dollars?....So those magic jobs pay $300k per year? Because using your math, that's how much each one cost....I don't know about 5 million but I do know that the stimulus created 3 million private jobs.yep..The decline from 2009 thru the present has continued.....But I would be willing to wager that you believe the old White House narrative that "Obama has created 5 million jobs"....Right
Oh?.....And you can prove this...Your turn....
Obama s Stimulus Generated Up to 3.3 Million Jobs CBO Says - Bloomberg Business
Lol you obviously don't know what was in the stimulus. The money didn't pay the wages of those jobs. 280 billion of the stimulus was tax cuts. It wasn't purely government spending. A large bulk of it went to extending unemployment benefits to the millions who lost their jobs against their will in the recession. These two facts boosted economic demand in the market and stimulated growth.