OMG Valerie Jarrett: Unemployment Stimulates the Economy

[Truthmatters]

Your insane .

Its not just dems who say that.

 

[DSGE]

 

[Truthmatters]

Money infused into an economy doesnt care where it comes from

 

[Wry Catcher]

The latest Democratic doublespeak is that "unemployment (insurance) stimulates the economy. So under this bizzarroland economic theory the best economy would be one with a 100% unemployment rate.

Moreove why is Obama bragging about "lowering" unemployment to 8.3%, isn't a decrease bad? Wont it lead to higher unemployment?

You make stupid an art.

 

[Trajan]

Links have been provided.

Here's one from that far-left organization Moody's.
U.S. Macro Outlook: Compromise Boosts Stimulus

doc what it says is;

Of the package's provisions, extending unemployment insurance benefits provides the biggest economic bang for the buck.


now, as compared to? what? what is IN the package.......

The article is from a year and a half ago, and it's on the specifics of the 2010 tax compromises, which is what the "package" refers to. I'm not arguing that.

The ONLY point that I'm making is that it's not a "ridiculous claim" to think that providing UI for unemployed is more stimulative to the economy than NOT providing it.

and eating 2 lbs of chocolate is more stimulative than not too, but I wouldn't recommend it.


lets get real, nancy and now Valerie are saying this nonsesne becasue they have nothing else to say. a wise man once said; being thought of as a dope, is better than speaking and removing doubt. they need to just stfu. its dumb.

 

[Trajan]

Turning formerly working people into indigents isn't going to solve our economic woes, either.

what does that mean, exactly?

Austerity is NOT the solution to this economy.

I agree not all spending should be stopped, BUT I think drawing the line at 2 years of benefits is prudent. even obama friednly economites agree there is a cross over point where in UE moneys, goes form being a stop gap to a crutch.

And the failure of that theory is ALREADY evident in GREECE, incidently.

austerity is why greece is in the shape its in? is that what you are saying?

Their AUSTERITY plan is shrinking (not growing) Greece's economy.



Greece's GDP fell 7% last year.

greece put itself into intensive care by hitting the debt wall.

we are not here yet BUT if we don't start creating jobs AND slowly cutting our spending FOR REAL we will be greece because- THERE I S NO WHERE ELSE TO GO, when you hit their level of debt....

so the 2 situations are not really similar.

 

[Soggy in NOLA]

It does "stimulate" the economy more than giving more money to already rich people.
Neither one really stimulates the economy though.

OMG.... already rich people?

 

[Trajan]

It does "stimulate" the economy more than giving more money to already rich people.
Neither one really stimulates the economy though.

OMG.... already rich people?

I know.....

 

[CrusaderFrank]

Democrats are the lunatic fringe

 

[paulitician]

High Unemployment is 'Good' now. Man, Obama-Bot programming gets crazier by the day. And funnier too.

 

[EdwardBaiamonte]

Your insane .

Its not just dems who say that.

if Republicans say unemloyment stimulates the economy I'll pay you $10,000 Bet?

 

[CrusaderFrank]

High Unemployment is 'Good' now. Man, Obama-Bot programming gets crazier by the day. And funnier too.

I really don't think it's funny. This was a test to see how totally mindless and under control Obama minions are and it's really frightening to think that NONE of them even question something so stupid as "unemployment stimulates the economy"

If Obama told them that jumping out of windows and landing on Republicans would help win the election they'd race each other to the roof

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

 

[paulitician]

High Unemployment is 'Good' now. Man, Obama-Bot programming gets crazier by the day. And funnier too.

I really don't think it's funny. This was a test to see how totally mindless and under control Obama minions are and it's really frightening to think that NONE of them even question something so stupid as "unemployment stimulates the economy"

If Obama told them that jumping out of windows and landing on Republicans would help win the election they'd race each other to the roof

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Unemployment stimulates the economy

Oh i hear ya. But sometimes you gotta laugh, to keep from crying. The Obama-Bot programming is craaazy and it's permanent too. There wont be a reboot for them. They'll always be programmed to be ignorant sycophants. It is what it is.

 

[CrusaderFrank]

Your insane .

Its not just dems who say that.

It's Dem, Progressives, Liberal, Marxists, Fascists and Socialists

 

[itfitzme]

The latest Democratic doublespeak is that "unemployment (insurance) stimulates the economy". So under this bizzarroland economic theory the best economy would be one with a 100% unemployment rate.

Moreove why is Obama bragging about "lowering" unemployment to 8.3%, isn't a decrease bad? Wont it lead to higher unemployment?

Please tell me you are not serious.

Bleach is used in hospitals to kill germs. So when you have the flu, you should drink a cup of bleach. It will kill the flu germs.

 

[frazzledgear]

Turning formerly working people into indigents isn't going to solve our economic woes, either.


Austerity is NOT the solution to this economy.

And the failure of that theory is ALREADY evident in GREECE, incidently.

Their AUSTERITY plan is shrinking (not growing) Greece's economy.

Greece's GDP fell 7% last year.


FAith does not trump FACT, kiddie.

They haven't actually cut anything in Greece. They simply passed a budget with cuts in it but refused to abide by it. Do you understand that? Their economy is grinding to a standstill because their government has changed nothing whatsoever and just gives meaningless, empty lip service to "austerity" reforms. They reformed NOTHING. All smoke and mirrors which works for dolts but can't fool an empty treasury. Greece can't print its own money anymore since they are part of the EU, but would have let them use more smoke and mirrors a bit longer by creating hyperinflation to hide the severity of their bankruptcy. Prediction is Greece will withdraw from EU if the EU stops bailing them out so they can start printing their own currency again and start trying to inflate their way out of debt which will guarantee their citizens are put on the fast track to ruin and poverty when they will need a wheelbarrow of cash for a loaf of bread. And 2 wheelbarrows tomorrow. Greece hasn't cut a fucking cent from their out of control spending spree and the reason their economy is shrinking is because -now try to grasp this- YOU CAN'T SPEND YOUR WAY TO PROSPERITY! Doesn't work for an individual, doesn't work for a nation. Eventually the bills always come due. Every single time this stupid economic theory gets proven to be the total pile of SHIT it is that only increases the level of human misery -and lo and behold, a couple of decades pass and another dimwit left wing kook digs it up, convinced that surely given another shot and in THEIR magical hands the outcome will be different.

As for our 3 plus years of unemployment benefits - time for a reality check that it has been REPEATEDLY proven that 85 percent of those who are unemployed find a job within two weeks either side of when those benefits end and the majority of those still without a job 2 weeks after benefits run out magically find employment by the end of 6 weeks. Now here is the interesting point -this is true whether benefits run out after 3 months or whether they end 10 times longer than that. It is the reason they were reduced to 3 months in the first place. Extending them only cost taxpayers a hell of a lot of money and guaranteed recipients would milk every penny from them first with no tangible benefit in return. And NO it does not stimulate the economy which would suggest we need MORE people on unemployment, right? ROFL! 3 years of unemployment benefits is obscene. And next time they are going to expire Democrats will insist it is being mean unless we extend them yet again into the 4th year. Democrats know all these studies also ALL show that the longer people are on unemployment, the higher the odds people will have trouble finding a job comparable in pay to their last one - and worse yet, the more likely to drop out of the work force entirely. This has already happened with the CBO reporting a STAGGERING 11 million have already dropped out of the work force entirely, not even pretending to look for a job. Extending benefits indefinitely as the Democrats want so they can pretend they are the ones who "care" is in reality not in the best interests of the unemployed whatsoever and Democrats KNOW it. They don't give a shit because it is more important to Democrats for them to manipulate PERCEPTION for the benefit of their party than actually do the right thing. But then doing the right thing hasn't been a priority for Democrats for decades (longer really given their filthy history) and don't intend to start changing that now.

 

[pinqy]

The latest Democratic doublespeak is that "unemployment (insurance) stimulates the economy". So under this bizzarroland economic theory the best economy would be one with a 100% unemployment rate.

Moreove why is Obama bragging about "lowering" unemployment to 8.3%, isn't a decrease bad? Wont it lead to higher unemployment?

See, just because you don't understand something, doesn't mean it's wrong or nonsensical. So I'll explain using small words.

If someone is unemployed, they have no income. If they have no income, they can't spend it, which means other businesses and people don't get income which means more people get laid off. No it's not really that simple, but that's the basics.
But if the unemployed receive UI bfnefits, it not only helps them, but also puts money into the economy.
Obviously that's not a good idea in the long run, but as a short run minimization it certainly works.

 

[zonly1]

The latest Democratic doublespeak is that "unemployment (insurance) stimulates the economy". So under this bizzarroland economic theory the best economy would be one with a 100% unemployment rate.

Moreove why is Obama bragging about "lowering" unemployment to 8.3%, isn't a decrease bad? Wont it lead to higher unemployment?

See, just because you don't understand something, doesn't mean it's wrong or nonsensical. So I'll explain using small words.

If someone is unemployed, they have no income. If they have no income, they can't spend it, which means other businesses and people don't get income which means more people get laid off. No it's not really that simple, but that's the basics.
But if the unemployed receive UI bfnefits, it not only helps them, but also puts money into the economy.
Obviously that's not a good idea in the long run, but as a short run minimization it certainly works.

wft are drooling about? unemployment is paid for by peeps who are still working and shrinking exp while we play Keynesian failed policies.

just crab the ankles and talk out of your orificesssss. try a butttrumpit extension.

 

[editec]

The latest Democratic doublespeak is that "unemployment (insurance) stimulates the economy". So under this bizzarroland economic theory the best economy would be one with a 100% unemployment rate.

Moreove why is Obama bragging about "lowering" unemployment to 8.3%, isn't a decrease bad? Wont it lead to higher unemployment?

Slippery Slope Fallacy
This logical fallacy is the argument that a position is not consistent or tenable because accepting the position means that the extreme of the position must also be accepted. But moderate positions do not necessarily lead down the slippery slope to the extreme.

source

 

[Douger]

No. War does.......according to...........
Kirchner: Bush angrily said War would Grow US Economy | Informed Comment