OMG Valerie Jarrett: Unemployment Stimulates the Economy

[Richard-H]

The wealthy people in this country could end unemployment anytime they want, but they're too greedy.

The government can't end unemployment without socialism.

Maybe you wingnuts should put some of the responsibilty for the economy on the private sector instead of the government.

Oh yeah - to you 'capitalism' means absolute greed and selfishness without any responsibilties at all.

 

[Full-Auto]

The wealthy people in this country could end unemployment anytime they want, but they're too greedy.

The government can't end unemployment without socialism.

Maybe you wingnuts should put some of the responsibilty for the economy on the private sector instead of the government.

Oh yeah - to you 'capitalism' means absolute greed and selfishness without any responsibilties at all.

Smoke another buddy.

Full of shit is full of shit.

The damn government created this nightmare

 

[tinydancer]

I love this point Investor's Business Daily made. That the White House has now gone completely "1984".

One of George Orwell's most chilling images was that of a totalitarian government that succeeded in convincing people their oppressed existence was the opposite of what it was.

"War is Peace," the ruling party insisted in Orwell's novel 1984, "Freedom is Slavery" and "Ignorance is Strength."

And now Unemployment is a Plus.

Wow, just wow.

So add to the Orwell list of government-dictated absurdities, "unemployment is employment."

http://news.investors.com/article/6...ama-aide-gives-unemployment-positive-spin.htm

 

[CrusaderFrank]

The wealthy people in this country could end unemployment anytime they want, but they're too greedy.

The government can't end unemployment without socialism.

Maybe you wingnuts should put some of the responsibilty for the economy on the private sector instead of the government.

Oh yeah - to you 'capitalism' means absolute greed and selfishness without any responsibilties at all.

Idiot

 

[ladyliberal]

When in your adult life have you ever heard the stupid, asinine statement that "Unemployment stimulates the economy"?

Multiple times in this thread (allowing for paraphrasing), zero times from the administration.

 

[CrusaderFrank]

I love this point Investor's Business Daily made. That the White House has now gone completely "1984".

One of George Orwell's most chilling images was that of a totalitarian government that succeeded in convincing people their oppressed existence was the opposite of what it was.

"War is Peace," the ruling party insisted in Orwell's novel 1984, "Freedom is Slavery" and "Ignorance is Strength."

And now Unemployment is a Plus.

Wow, just wow.

So add to the Orwell list of government-dictated absurdities, "unemployment is employment."

That's exactly right.

 

[CrusaderFrank]

When in your adult life have you ever heard the stupid, asinine statement that "Unemployment stimulates the economy"?

Multiple times in this thread (allowing for paraphrasing), zero times from the administration.

Zero?

You're a moron and a liar but keep Fluffing Obama

 

[Richard-H]

The wealthy people in this country could end unemployment anytime they want, but they're too greedy.

The government can't end unemployment without socialism.

Maybe you wingnuts should put some of the responsibilty for the economy on the private sector instead of the government.

Oh yeah - to you 'capitalism' means absolute greed and selfishness without any responsibilties at all.

Smoke another buddy.

Full of shit is full of shit.

The damn government created this nightmare

You live in a fantasy world! You'd better not smoke another or any for that matter - you have enough problems descerning reality!

 

[theDoctorisIn]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.

Simple fact.

 

[Full-Auto]

The wealthy people in this country could end unemployment anytime they want, but they're too greedy.

The government can't end unemployment without socialism.

Maybe you wingnuts should put some of the responsibilty for the economy on the private sector instead of the government.

Oh yeah - to you 'capitalism' means absolute greed and selfishness without any responsibilties at all.

Smoke another buddy.

Full of shit is full of shit.

The damn government created this nightmare

You live in a fantasy world! You'd better not smoke another or any for that matter - you have enough problems descerning reality!

Cute retort yet lacking credibility.

 

[CrusaderFrank]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.

Simple fact.

So will a decrease in unemployment cause an increase in unemployment?

 

[The Rabbi]

On a basic level it's true that giving people money will stimulate the economy as people will go out and spend that money. The problem is that by paying people not to work, you're not creating any wealth. You're just redistributing it by taking away from the people who work and giving that money to the people who don't.

Where is the gov't getting the money to give to people to go out and spend?
We have 3 examples of this kind of thinking. Every one of them was a failure. Why do Dems insist on repeating failed policies somehow hoping this time it will be different?

 

[theDoctorisIn]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.
​

Simple fact.

So will a decrease in unemployment cause an increase in unemployment?

Perhaps you missed my point, so I've made it bigger for you.

 

[The Rabbi]

She said that unemployment benefits stimulate the economy, which is self-evident. What is interesting is the degree to which it is so (*removed URL since I can't post with it in*). They have a multiplier of 1.55, nearly the highest. The lowest? A pathetic multiplier of .32 (not 1.32) for corporate tax cuts.

If I produce a dollar that didn't exist before, give it to you and you go out and spend it, you've stimulated the economy. If I take away a dollar from someone else who would have spent it, give that dollar to you and you go out and spend it, then nothing has changed, as all I've changed is who spends that dollar. The economy is no better off as no new wealth has been generated.

I couldn't disagree more. According to the Moody's analysis I cited, if I take a dollar out of the Bush tax cuts and put it into unemployment benefits, the net increase in the economy is $1.23.

One can argue about whether a particular transfer payment will stimulate the economy and to what degree, but I think it is clear that transfer payments in general can grow (or shrink) the economy.

Where do they teach this stuff? It is the most discredited thing out there.
So if we really want to make the economy zoom we should just fire everyone and send gov't checks to them? Really?
The figures you use are bogus.

 

[tinydancer]

I've got the next candidate for White House Press Secretary.

 

[Richard-H]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.

Simple fact.

Yes! Thank You!

Obviously, that was what she meant by saying that unemployment stimultes the economy.

It's incredible how wingnuts will desparately take something like this totally out of context and try to make an issue of it.

They know that she meant unemployment insurance...for some reason they just like being total assholes.

 

[theDoctorisIn]

On a basic level it's true that giving people money will stimulate the economy as people will go out and spend that money. The problem is that by paying people not to work, you're not creating any wealth. You're just redistributing it by taking away from the people who work and giving that money to the people who don't.

Where is the gov't getting the money to give to people to go out and spend?
We have 3 examples of this kind of thinking. Every one of them was a failure. Why do Dems insist on repeating failed policies somehow hoping this time it will be different?

Unemployment Insurance comes from the companies that lay the workers off, and the taxes those workers paid while they were employed.

 

[The Rabbi]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.

Simple fact.

How does "unemployment insurance" stimulate the economy?
This ought to be good.

 

[CrusaderFrank]

"Unemployment stimulates the economy" is doublespeak

 

[CrusaderFrank]

It's pretty interesting that everyone seems to just leave out the word "insurance" from this discussion.

Unemployment doesn't stimulate the economy.

Unemployment Insurance does.
​

Simple fact.

So will a decrease in unemployment cause an increase in unemployment?

Perhaps you missed my point, so I've made it bigger for you.

So a decrease in people collecting unemployment insurance will cause an increase in people collecting unemployment insurance?

Also, thank you for highlighting the statement that makes you look like a total asshole