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- #61
Well here’s the kicker, for every dollar lost in revenue, the economy gains $1.21. Why? Because businesses make a PROFIT off any purchase.Lol do you really not understand the demand side of the economy? Just because it’s welfare it doesn’t mean it doesn’t stimulate the economy. This same principle applies to food stamps. Tell me, if people spend their benefits on the private economy, why wouldn’t that create jobs? Can you even explain that?That isn't capitalism. it's welfare.It’s simple to explain really. If the unemployed get benefits, they spend that money immediately on the private economy on basic essentials like food and clothing. That boost to businesses CREATES jobs. That’s capitalism. Something cons arent smart enough to understand.Obama made the tax cut deal with republicans so that he could extend unemployment benefits to those who lost their job in the recession. That policy is what created jobs. Also funny you’re admitting millions of jobs were created under Obama.
Unemployment creates jobs? Did you actually read that horseshit before you posted it, or did you intend to have us all rolling on the floor with laughter?
If government spending created jobs then the depression would have been over in 1934 and Obama's economy would have grown at a rate of 6%/yr.
Every dollar spent has to be taxed or borrowed away from someone else. For every job "created," two are destroyed. You don't increase economic growth by robbing the people who produce goods and services and giving the proceeds to useless moochers.