To: JohnRLott; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; rabscuttle385; mkjessup; ...
RE :”When unemployment insurance extension ended, new filings fell from around 472,000 to 429,000. Now that they have been reinstated, new filings for the last two weeks have been 482,000 and 484,000. You subsidize something and you get more of it. Unemployment insurance not only causes people to stay unemployed longer, but it also has an impact on people's decision to become unemployed in the first place.
Don't you have to get laid off to get UI benefits? This part I am missing.
In any case think about how the dynamics of these job killing policies are with a democrat in charge versus a Republican. Obama and democrats can call for big gov compassion all they want, but since they own the economy now it cant help them. If a R was in charge, it would be lose-lose, and we would lose. Just like 2008,
Still hoping for that teachable moment.
posted on 08/12/2010 10:45:54 PM PDT
("It's not the taxes, the redistribution is the federal spending=tax delayed")
You gotta get laid off. And if this # was a result of those being added again, you’d see the # be whatever it would normally be plus all those that the extension helped. It would be almost 500k, it would be 4m+.
He’s very wrong on the basic premise in multiple ways and should pull this article off Foxnews or hope nobody sees it.
posted on 08/13/2010 12:44:20 AM PDT
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson