Sorry, stopped reading right there. Life is too short to waste on ill informed "experts".
Here's CapitalistPig Jonathan Hoenig explaining things, just in the nick of time:
Why not help them (the unemployed) by letting somebody create a job so they don't have to be unemployed anymore? I mean the left has this belief...that somehow redistributing wealth creates more of it. We know that all of the stimuluses before this stimulus hasn't done much to bring down unemployment. And the left honestly believes that government spending is productive. I'm most offended by this notion that somehow if you oppose more unemployment benefits, you're a big jerk. You're some kind of AH because you don't want to have more government redistribution of wealth. I want the economy to succeed and grow but it doesn't happen as government entitlements grow.
From the 11/20/10 Transcript of FoxNews Cashin' In
You and that selfish greedy Jonathan Hoenig miss the point completely. Not only is keeping people on welfare compassionate but it creates jobs because the unemployed spend the welfare checks increasing demand. It doesn't matter if the government raises taxes on the employer, that wont effect his hiring, all he cares about is that the unemployed spend those welfare checks. He only cares about his before-tax profits which is increased by demand, not taxes. It's all about demand. Didn't you ever learn Keynesian Demand-Side economics??
Don't you know the stimulus created or saved 3 million jobs? If only the voters were better ‘educated’ they would understand that Democrats did all the right things and made our lives better. Thank Goodness for Rachael Maddow explaining economics or we would all be lost. She promised us that the stimulus would put America 'back to work' and now she promises this endless welfare will too.