WH Spokesman Jay Carney: Unemployment Benefits Could Create Up To One Million Jobs or Something

Blue Grass Pundit ^ | 8/10/11 | Bluegrass Pundit

[Wayne07]

I am not a Keynesian by any means, but since 30% of the treasuries are foreign owned, there should be at least some stimulative effect. I.e., if the govt. deficit spends 100million, 70million of that is sucked out of the economy by U.S. individuals and institutions buying treasuries, but 30million flows in from abroad. Again, I’m not advocating it. It is terribly inefficient, and at best may have some very short term effects. There will have longer term negative effects that outweigh short term benefits anyway.

[cranked]

BS call on Baghdad Bob Carney. This administration is the most idiot-ridden one in US history for they apparently have no clue to what Einstein implied when he defined insanity. =.=

[G L Tirebiter]

Let’s just extend unemployment benefits for 20-30 years

Ooh, ooh - and while we're at it let's raise the minimum wage to $100 an hour. That'll get things moving again

These folks are clueless.

[Dilbert56]

Anyone who hasn't found a job by the end of 26 weeks will be hired by Dept. of Labor, making the same money they get on unemployment. They'll interview other unemployment recipients to ensure they're actively seeking jobs. Anyone not actively looking loses his/her benefits. Same for the overseers; if they don't do their job, they lose their benefits. The overseers will all be heads of families who can't afford to lose their benefits.

File this under we're paying them anyway, might as well get some work out of them.

[Texas resident]

Unemployment bennies are a life ring to keep people afloat.

But someone has to manufacture and pay for the life rings.

If everyone is hanging on to the life ring and no one is left to pay for the new ones, then what there carney?

Amazing to see so many economic idiots all concentrated in one place.

[fabian]

These people are such liars that they believe their own lies! I have met a couple of people that were getting so much unemployment money that they rode it out all the way for two years before trying much to get another job. that is the selfish nature of many people which the government caters to...gets them in office often!

[Vermont Lt]

This is where these idiots are really spinning off into another world. The world where increases are cuts, and imaginary savings are counted as real.

True, giving people money to spend will allow them to buy food. Food that might not have been bought. So the people at the grocery store will keep their job. The farmer will be able to keep their jobs. That part I get, and I can understand how they “get there.”

But adding jobs? Are all of these people all of a sudden going out any buying stuff that would cause a company to add production people? Are they actually using unemployment checks to generate more traffic? I doubt anyone could make that case—except perhaps a liquor store.

It would just be better for the administration to say, “We have to give them extended benefits because there are no jobs to get, and if we don’t feed them, there will be riots.”

I might not agree with that statement (and I don’t) but I would understand their logic.

This is what happens when you spend all day trying to think how you are going to say something to sound smart, but not really think about how it sounds.

[Right Wing Assault]

Let's fix that. WH Spokesman Jay Carney: Unemployment Benefits Could Create Up To One Million Jobs if they weren't just given away to people.