Was Obama right? "unemployment insurance creates new jobs"?

[LordBrownTrout]

After Obama lied about our being able to keep our healthcare plan he tries this...
Are his followers that dumb?

Unfortunately, most of them are. Real unemployment at 13 percent. That's appalling.

 

[Billy000]

In my town there are help wanted signs all over the place and not just at McDonalds.
Now it probably helps I live in a state with an unemployment rate of 6.2% one of the lowest in the country AND no state income tax.. BUT still there are
jobs at $44,000 a year for a store manager at Aldi's.

So did as Obama suggests unemployment insurance CREATE THESE JOBS???

With headlines like these proclaiming...
"People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels"
People Not In Labor Force Soar To Record 91.8 Million; Participation Rate Plunges To 1978 Levels | Zero Hedge

It probably doesn't HELP when Obama encourages people to be on unemployment checks by saying..
"Independent economists have shown that extending emergency unemployment insurance actually helps the economy, actually creates new jobs. When folks like Katherine have a little more to spend to turn up the heat in her house or buy a few extra groceries, that means more spending with businesses in her local community, which in turn may inspire that business to hire one more person, maybe Kathy (sp).
Transcript: President Obama?s Jan. 7 remarks on unemployment insurance extension - The Washington Post

Again Obama has an administration that IS ACTIVELY working to INCREASE UNEMPLOYMENT!
1) He wants to bankrupt utilities. "If somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them.."
2) He wants to put 400,000 people in health insurance companies out of work: ""I happen to be a proponent of a single payer universal health care program"
3) He wants "higher gas prices, just not so quickly" LiveLeak.com - Obama: Id like higher gas prices, just not so quickly

Finally does OBAMA have any clue as to where the funds come from that pay the unemployment benefits????
Obviously never having been an executive running a business HE doesn't know a thing about FUTA... yet he is the president!

If Obama thinks naively that paying people NOT to work is good for the economy.."unemployment insurance actually helps the economy, actually creates new jobs."...
this is a very sad commentary on his intelligence.. his ineptness and definitely his woeful lack of how jobs are created! Certainly not by unemployment insurance!

Unemployment insurance does create jobs as counter intuitive as it may sound.

When people are unemployed, they are not spending. They are contributing very little to economic demand. Unemployment benefits pumps money into the economy that wouldn't be there otherwise. This isn't zero sum. That's how the economy works. Economic demand creates a ripple effect. For instance with the extension as part of his stimulus, it cost tax payers 10 billion a month but it generated 16.7 billion a month in economic demand. That in turn created jobs.

Here is a non partisan source to explain this further:

Why Extended Federal Unemployment Benefits Boost the Economy

 

[rdean]

Are Republicans really this stupid? If you take billions out of the economy you will lose jobs. People on unemployment buy gas to get to job interviews. 300 dollars a week is not much. That money, which people paid into, is spent right away. It's not saved.

Is the reason Republicans think $300 a week is enough to keep you living high on the hog because they are lazy ass dumb fucks and that's how they live?

I guess 300 dollars a week really is living high on the hog to these people. Look at them.

 

[healthmyths]

Are Republicans really this stupid? If you take billions out of the economy you will lose jobs. People on unemployment buy gas to get to job interviews. 300 dollars a week is not much. That money, which people paid into, is spent right away. It's not saved.

Is the reason Republicans think $300 a week is enough to keep you living high on the hog because they are lazy ass dumb fucks and that's how they live?

I guess 300 dollars a week really is living high on the hog to these people. Look at them.

HEY RDEAN!!! Who do you think PAYS into the Federal Unemployment Tax??? You wrote: "which people paid into, is spent right away"
It is NOT the people! It is the EMPLOYER!!!
Right from the f...king IRS idiot!!!
Most employers pay both a Federal and a state unemployment tax.
Federal Unemployment Tax

SO it is NOT the UNEMPLOYEDs MONEY dummy!

2nd.. you dumb f...k...
UNEMPLOYED pay NO taxes because they don't work!
SO who is paying Obama's salary? The idiot congress' salaries? Idiots who run the government salaries"???

PEOPLE THAT ARE WORKING dumb f...k!
So there IS NEVER NEVER any jobs created with UNEMPLOYMENT check payments BECAUSE there is NOT enough money being created by the spending of limited
money! GEEZ I just can't understand how stupid people are about how the economy works!

WHY not using your and so called economists.. premise AND WE ALL GO ON UNEMPLOYMENT!

Where will the money come from to pay ALL OF US???

Do you understand that concept???

 

[francoHFW]

OP- Of course. UE extensions have never been ended with UE this high. Just like the phony crises, Pubs' ideology insanity...gd functional morons...

And cut the discredited ACA BS...

 

[Vox]

like the foodstamps do?

 

[Vox]

After Obama lied about our being able to keep our healthcare plan he tries this...
Are his followers that dumb?

his followers ARE dumb and even dumber.

they voted for him - TWICE - what does it say about the lack of their intelligence?

 

[francoHFW]

“The opinions that are held with passion are always those for which no good ground exists;
indeed the passion is the measure of the holders lack of rational conviction.
Opinions in politics and religion are almost always held passionately.”
Bertrand Russell

 

[francoHFW]

INSURERS CANCELLED THOSE POLICIES, hater dupes...DUH. a BS MONEY GRAB as usual...Mega rich Pubs love those...

 

[Kosh]

And the far left propaganda continues...

 

[NYcarbineer]

So you 'nuts are abandoning your claim that tax cuts create jobs, by putting more money in people's hands?

Because that's really all an unemployment check does; it puts money in the hands of someone who wouldn't otherwise have it.

 

[rdean]

Are Republicans really this stupid? If you take billions out of the economy you will lose jobs. People on unemployment buy gas to get to job interviews. 300 dollars a week is not much. That money, which people paid into, is spent right away. It's not saved.

Is the reason Republicans think $300 a week is enough to keep you living high on the hog because they are lazy ass dumb fucks and that's how they live?

I guess 300 dollars a week really is living high on the hog to these people. Look at them.

HEY RDEAN!!! Who do you think PAYS into the Federal Unemployment Tax??? You wrote: "which people paid into, is spent right away"
It is NOT the people! It is the EMPLOYER!!!
Right from the f...king IRS idiot!!!
Most employers pay both a Federal and a state unemployment tax.
Federal Unemployment Tax

SO it is NOT the UNEMPLOYEDs MONEY dummy!

2nd.. you dumb f...k...
UNEMPLOYED pay NO taxes because they don't work!
SO who is paying Obama's salary? The idiot congress' salaries? Idiots who run the government salaries"???

PEOPLE THAT ARE WORKING dumb f...k!
So there IS NEVER NEVER any jobs created with UNEMPLOYMENT check payments BECAUSE there is NOT enough money being created by the spending of limited
money! GEEZ I just can't understand how stupid people are about how the economy works!

WHY not using your and so called economists.. premise AND WE ALL GO ON UNEMPLOYMENT!

Where will the money come from to pay ALL OF US???

Do you understand that concept???

Yea, because the money the employer gets has no connection to the people working for him.

You know people like this guy really do think you can live "high on the hog" for three bills a week.

 

[LordBrownTrout]

Is that you Rdean at the family reunion playing toilet shoes? Y'all are tearing it up.

 

[francoHFW]

Pub dupes now don't believe in investing in our people or the country...works great, if you're CHINA. See China buy up OUR ''failed'' alt. energy corps for nothing too...great job, Pubbies...and the inmates are now in charge lol...

 

[healthmyths]

INSURERS CANCELLED THOSE POLICIES, hater dupes...DUH. a BS MONEY GRAB as usual...Mega rich Pubs love those...

Money grab? By canceling policies that according to FEDERAL LAW ACA were not in compliance? And then THEY LOSE premiums???
ONLY in idiots minds like you can NOT getting money make MONEY GRAB!

Are you totally a sane person? Supposedly your 145 IQ is certainly not evident with such a stupid ass statement!
HOW can any insurance company GRAB MONEY if they no longer get any Premiums from CANCELLED policies?

NOW I KNOW your supposedly 145 IQ is totally in your head!
Even a little kid knows if you stop getting money then there is no more money to GRAB...dummy!

 

[Missouri_Mike]

So you 'nuts are abandoning your claim that tax cuts create jobs, by putting more money in people's hands?

Because that's really all an unemployment check does; it puts money in the hands of someone who wouldn't otherwise have it.

Dumbass, it takes money from someone that could have used it to create a real job and puts it in the hands of someone that has no way to create anything.