CBO: extending unemployment benefits creates 19,000 jobs per billion dollar stimulus

[Billy000]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

3) Only 10,000 jobs are created every billion dollar TAX CUT. This is because the employed only spend HALF of their tax cuts. They have the luxury of saving some. All in all it does more harm than good: every dollar lost in revenue only creates .59 cents in growth.

4) This fiscal policy was a great success during the Great Depression.

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

 

[deltex1]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

3) Only 10,000 jobs are created every billion dollar TAX CUT. This is because the employed only spend HALF of their tax cuts. They have the luxury of saving some. All in all it does more harm than good: every dollar lost in revenue only creates .59 cents in growth.

4) This fiscal policy was a great success during the Great Depression.

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

That's a cost of $55000 per job....certainly achievable in the Obabble era.

 

[Antares]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

3) Only 10,000 jobs are created every billion dollar TAX CUT. This is because the employed only spend HALF of their tax cuts. They have the luxury of saving some. All in all it does more harm than good: every dollar lost in revenue only creates .59 cents in growth.

4) This fiscal policy was a great success during the Great Depression.

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

Good Fucking God....we have been creating 85 FUCKING BILLION a month since the Boi King took office.....we should be ROCKING by now.

You Lefty's are just fucking stupid.

 

[bripat9643]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

How many jobs does a dollar of taxes or government borrowing destroy? What makes the CBO qualified to make any such determination?

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

Investment is what creates jobs. That requires people to save money, not spend it.

3) Only 10,000 jobs are created every billion dollar TAX CUT. This is because the employed only spend HALF of their tax cuts. They have the luxury of saving some. All in all it does more harm than good: every dollar lost in revenue only creates .59 cents in growth.

As I already explained, saving creates job. Every dollar not sent to Washington means productive people put money in the bank and other people invest it. Giving money to parasites only creates government dependents.

4) This fiscal policy was a great success during the Great Depression..

Right, if you think 12 years of unemployment over 15% is a "great success."

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

It's liberal propaganda, not economics.

 

[HelenaHandbag]

It's staggering that you can find people who really believe this economic alchemy.

 

[Billy000]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

How many jobs does a dollar of taxes or government borrowing destroy? What makes the CBO qualified to make any such determination?

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

Investment is what creates jobs. That requires people to save money, not spend it.



As I already explained, saving creates job. Every dollar not sent to Washington means productive people put money in the bank and other people invest it. Giving money to parasites only creates government dependents.

4) This fiscal policy was a great success during the Great Depression..

Right, if you think 12 years of unemployment over 15% is a "great success."

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

It's liberal propaganda, not economics.

You just sound like noise when you provide no facts of your own. Have some humility that economists know more than you.

You ask what gives the CBO credibility on this. What gives you credibity?

NOTHING.

 

[Billy000]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

2) When the unemployed receive this insurance, they quickly spend ALL of it on basic essentials like food, clothing, and shelter. That is why it is so effective in creating jobs. Without this extra demand, more businesses are forced to lay their workers off.

3) Only 10,000 jobs are created every billion dollar TAX CUT. This is because the employed only spend HALF of their tax cuts. They have the luxury of saving some. All in all it does more harm than good: every dollar lost in revenue only creates .59 cents in growth.

4) This fiscal policy was a great success during the Great Depression.

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

Good Fucking God....we have been creating 85 FUCKING BILLION a month since the Boi King took office.....we should be ROCKING by now.

You Lefty's are just fucking stupid.

Apparently you are too stupid to remember that the economy lost several millions of jobs to begin with.

 

[Rozman]

The Libs keep pushing this notion that UE benefits are so great for the economy.
What about working?
Does that do anything for the economy?
Libs don't seem to think it does.

How about that?
More and more the left wants us to think that there is nothing wrong with people being out of work.

 

[Antares]

1) The benefits that the unemployed spend creates economic demand where there wouldn't be otherwise. For every tax dollar spent on these benefits, it creates $1.64 in economic stimulus (or 10 billion spent creates 16.7 billion in demand). Why? Because it creates a ripple effect in the market. Capitalism 101.

How many jobs does a dollar of taxes or government borrowing destroy? What makes the CBO qualified to make any such determination?



Investment is what creates jobs. That requires people to save money, not spend it.



As I already explained, saving creates job. Every dollar not sent to Washington means productive people put money in the bank and other people invest it. Giving money to parasites only creates government dependents.



Right, if you think 12 years of unemployment over 15% is a "great success."

This isn't Leftwing bull. We are talking basic economics. Demand side economic policies is the answer. Trickle down economics is a republican lie.

Why Extended Federal Unemployment Benefits Boost the Economy

It's liberal propaganda, not economics.

You just sound like noise when you provide no facts of your own. Have some humility that economists know more than you.

You ask what gives the CBO credibility on this. What gives you credibity?

NOTHING.

FACT, 85 Billion a month since Bammy took office....FACT it ain't woiking moron.

 

[Billy000]

The Libs keep pushing this notion that UE benefits are so great for the economy.
What about working?
Does that do anything for the economy?
Libs don't seem to think it does.

How about that?
More and more the left wants us to think that there is nothing wrong with people being out of work.

The economy LOST MILLIONS of jobs.

 

[Rozman]

Makes me sick when the left pushes this BS...
People out of work is good...
People out of work creates jobs.

And it's a shame people believe this crap...
Maybe the left will propose a plan to put more people out of work as a way to solve the
UE problem...

I'm sure Nancy Pelosi will do a great job of selling this.

 

[Antares]

The Libs keep pushing this notion that UE benefits are so great for the economy.
What about working?
Does that do anything for the economy?
Libs don't seem to think it does.

How about that?
More and more the left wants us to think that there is nothing wrong with people being out of work.

The economy LOST MILLIONS of jobs.

Dumbfuck.

 

[Billy000]

The Libs keep pushing this notion that UE benefits are so great for the economy.
What about working?
Does that do anything for the economy?
Libs don't seem to think it does.

How about that?
More and more the left wants us to think that there is nothing wrong with people being out of work.

The economy LOST MILLIONS of jobs.

Dumbfuck.

I know facts can be scary but eventually you will have to face reality.

 

[BobPlumb]

The CBO has a fantastic track record with all of it's estimates!

 

[S.J.]

Shouldn't this be in the humor forum?

 

[Antares]

We have tried spending money,” said Morgenthau. “We are spending more than we have ever spent before and it does not work. … I say after eight years of this administration we have just as much unemployment as when we started. … And an enormous debt to boot!”

Henry Morgenthau-FDR's Treasury Secretary

So much for your "It worked for FDR" bullshit.

 

[Billy000]

We have tried spending money,” said Morgenthau. “We are spending more than we have ever spent before and it does not work. … I say after eight years of this administration we have just as much unemployment as when we started. … And an enormous debt to boot!”

Henry Morgenthau-FDR's Treasury Secretary

So much for your "It worked for FDR" bullshit.

You have very little to offer this thread don't you?

Run along. Past your bedtime.

 

[Antares]

We have tried spending money,” said Morgenthau. “We are spending more than we have ever spent before and it does not work. … I say after eight years of this administration we have just as much unemployment as when we started. … And an enormous debt to boot!”

Henry Morgenthau-FDR's Treasury Secretary

So much for your "It worked for FDR" bullshit.

You have very little to offer this thread don't you?

Run along. Past your bedtime.

LOL>

Morgenthau says you are an idiot....your boy FDR trusted him.....deflect much?

 

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[Rozman]

Sad when the president instead of praising people who go out and bust their ass everyday and struggle
with making ends meet are mocked by this president as in...

You think you built that business? Someone else made that happen.
He pushes being unemployed and collecting UE checks as a good thing for the economy
it creates jobs he says.

We have an administration and the democrat party taking every opportunity to lower the bar more and more.

What's the message...
Stay home,don't bother going to work...collect a check.
It's good for the economy.It creates jobs.