HoustonFarrier
07-06-2010, 10:18 AM
"Let me say that unemployment insurance -- we talk about it as a safety net and the rest -- this is one of the biggest stimuluses (sic) to our economy. Economists will tell you, this money is spent quickly. It injects demand into the economy, and it's job creating. It creates jobs faster than almost any other initiative you can name; because, again, it is money that is needed for families to survive and it is spent. So it has a double benefit. It helps those who have lost their jobs but it also is a job-creator."
It is just amazing how this total waste of existence ever got elected. What she is saying is, taking money out of the private sector (that's what unemployment insurance is....it's from taxes) and then turning around and putting it BACK into the private sector(minus taxes taken from it) is no stimulus at all...there is no positive growth in that formula........if so, then why even work at all????? Why not have EVERYONE collect unemployment insurance, and we can then cure the economy, right ?:rolleyes::rolleyes:
Steve
It is just amazing how this total waste of existence ever got elected. What she is saying is, taking money out of the private sector (that's what unemployment insurance is....it's from taxes) and then turning around and putting it BACK into the private sector(minus taxes taken from it) is no stimulus at all...there is no positive growth in that formula........if so, then why even work at all????? Why not have EVERYONE collect unemployment insurance, and we can then cure the economy, right ?:rolleyes::rolleyes:
Steve