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Carney: Unemployment Benefits Could Create Up To 1 Million Jobs
realclearpolitics.com ^ | August, 10, 2011 | realclearpolitics.com

Posted on 08/11/2011 9:03:21 AM PDT by Dubya-M-DeesWent2SyriaStupid!

"I understand why extending unemployment insurance provides relief to people who need it, but how does that create jobs," Wall Street Journal's Laura Meckler asked Jay Carney at Wednesday's WH briefing. Carney responded: "Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam." "There are few other ways that can directly put money into the economy than applying unemployment insurance," Carney said. Carney answers the question: "It is one of the most direct ways to infuse money directly into the economy because people who are unemployed and obviously aren't running a paycheck are going to spend the money that they get. They're not going to save it, they're going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually." "Every place that, that money is spent has added business and that creates growth and income for businesses that leads them to decisions about jobs, more hiring. So, there are few other ways that can directly put money into the economy than applying unemployment insurance, Carney said.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government
KEYWORDS: carney; idiot; impeachobama; jaycarney; jaycarneyidiot; jobs; liberalidiots; millionjobs; nocommonsense; ui; unemployment; unemplyment
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This really ticks me off. I think Carney should go take a job making $20 an hour and then get fired/laid off. File and wait for the unemployment insurance (few have 6 months of savings) Worry for a few weeks waiting HOW YOU ARE GOING TO EAT much less pay bills. Then when you get the unemployment insurance money and worry how you are going to live off of it. Collect for about three months (still not able to gain employment) and just when you think you are caught up and going to be okay your former boss lies and files a gross misconduct. You loose the insurance AND have to pay it back. (States are broke so the judge sides with the employer's claims-new laws allow the employer TEN years to file gross misconduct)

From what I see, hear and live the above is commonplace more often than not.

So how does this create a million jobs? Carney/Obama's theory seems to think people are rich when they get unemployment insurance and they will go spend and shop creating jobs? On UI you go to the grocery store and pay basic bills, barely. You don't go out and buy extravagant things or eat out. They are all on crack

1 posted on 08/11/2011 9:03:24 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Dubya-M-DeesWent2SyriaStupid!
So how does this create a million jobs?

EASY! The more unemployed in the country the more the Department Of Labor needs to hire to process the unemployment checks.

2 posted on 08/11/2011 9:06:36 AM PDT by tsowellfan (http://www.cafenetamerica.com)
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To: Dubya-M-DeesWent2SyriaStupid!

Sorry, but say I bring home 4500$ per month. In the state of TX, that is 340$ a week max UE. That money is not going to the stimulate the economy. These people are idiots.


3 posted on 08/11/2011 9:06:47 AM PDT by Bruinator (God is Great.... God is Good....Evil is Real.)
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To: Dubya-M-DeesWent2SyriaStupid!

So is the White House admitting that letting people keep and spend their own money creates jobs, or do the basic laws of Economics only apply when the Gov’t gives you someone else’s money?


4 posted on 08/11/2011 9:07:05 AM PDT by JrsyJack (a healthy dose of buckshot will probably get you the last word in any argument.)
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To: Dubya-M-DeesWent2SyriaStupid!

This is so stupid. I am for unemployment benefits, but you have to be a real nut to think it’s going to add jobs in any real way.

If it did, why doesn’t the government give everyone a free $50k check a year, working or not. That way, we’d all be spending more.


5 posted on 08/11/2011 9:07:05 AM PDT by Tolsti2
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After 42 Days FR Is Still Short Of Its Goal

If Free Republic Ends We Lose

And This Man Wins

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6 posted on 08/11/2011 9:08:06 AM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Dubya-M-DeesWent2SyriaStupid!
Carney's ignorance is a terrible thing, the government removes millions from people that earn it, who would have spent are invested it, give it to someone else to buy beer and cigarettes and it produces more than the owner. Damn!
7 posted on 08/11/2011 9:08:24 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Dubya-M-DeesWent2SyriaStupid!

“They are all on crack”

No, but Holder’s people are, and that’s one of the “industries” they’ll support with their UI. That, and tobacco, alcohol, and electronics, (cell phones and TVs).


8 posted on 08/11/2011 9:08:49 AM PDT by brownsfan (I miss the America I grew up in.)
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To: tsowellfan

You aren’t far off base. A large amount of stimulus money that came to my state went to upgrades and “greening” of unemployment offices.


9 posted on 08/11/2011 9:08:51 AM PDT by cripplecreek (Remember the River Raisin)
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To: Dubya-M-DeesWent2SyriaStupid!

If I had the chance to ask these yahoo’s just one question it would be... “How does taking water from one side of the pool and pouring it into the other side of the pool add any water?”


10 posted on 08/11/2011 9:09:03 AM PDT by yantis
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To: Dubya-M-DeesWent2SyriaStupid!

If it’s so wonderful for the economy why not give everyone $1MM? Because jobs arise from wealth creation and wealth is created when risk is taken with the prospect of reward.

A job is not a vehicle for an individual to be a consumer.

A job is a vehicle to further the aims of business entity in it’s pursuit of a return on invested capital.


11 posted on 08/11/2011 9:10:20 AM PDT by steveyp
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To: Dubya-M-DeesWent2SyriaStupid!
If I understand the White House weasel correctly, either people spending unemployment will somehow create jobs, or (more likely, I think), all the generation of and processing of unemployment checks will generate more government jobs. So, as the administration must be figuring, we'll end up with one poor schlub working to pay taxes to cover all the rest of us, either working for the government, or on unemployment. Hmmm, something wrong there...
12 posted on 08/11/2011 9:10:27 AM PDT by sayuncledave (A cruce salus)
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To: Bruinator
Worse, they are liars. By their own logic everyone should immediately quit and draw unemployment - can you image how stimulated the economy would be.

The people that buy this crap are self-dillusional because, were it true that spending stimulated the economy, everyone in the world now would be wealthy.

But there will always be looters to preach pretty lies to moochers.

13 posted on 08/11/2011 9:10:54 AM PDT by Aevery_Freeman (Thanks to the Change there is no Hope!)
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To: Dubya-M-DeesWent2SyriaStupid!

I would have loved it if the reporter followed up by asking Carney if it was the administration’s goal to have everyone on unemployment so that the economy could really take off.


14 posted on 08/11/2011 9:11:00 AM PDT by Armando Guerra
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To: Dubya-M-DeesWent2SyriaStupid!

One must be economically ignorant, intellectually dishonest, or both to believe that jobs are created by higher taxes, increased government spending, and (especially by) expanded unemployment insurance. That most Democrats seem to believe these things unreservedly is an index of how much trouble we are in.


15 posted on 08/11/2011 9:11:04 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Dubya-M-DeesWent2SyriaStupid!
Did Carney admit they came up with this idea while watching Obama’s dog chase its tail?
16 posted on 08/11/2011 9:11:32 AM PDT by liberalh8ter
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To: Dubya-M-DeesWent2SyriaStupid!
"On UI you go to the grocery store and pay basic bills, barely."

I have personal experience in this - 16 months of unemployment and UI barely covered the necessities (mortgage, insurance, groceries, utilities, etc.). Spending my UI did not create any new jobs, it only kept the jobs that were already existing in place.

I agree, these people are on some kind of drug. Or just idiots.
17 posted on 08/11/2011 9:12:00 AM PDT by FortWorthPatriot (Obama is no Hitler; Hitler got the Olympics)
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To: cripplecreek
A large amount of stimulus money that came to my state went to upgrades and “greening” of unemployment offices.

You're lucky. The economic stimulus money that came to my state went to the spanish owned electric company and they used the money to install smart meters at every home and laid off all of their meter readers.

18 posted on 08/11/2011 9:12:06 AM PDT by tsowellfan (http://www.cafenetamerica.com)
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To: org.whodat

and it produces more than the owner”

I believe the Keynesian talking point on this is the “multiplier effect”. That term was bandied about ad nauseum during the stimulus era. The idea being, if you give a buck to Joe, then he spends it at the local shop, the shopkeeper in turn spends it elsewhere, and so on blah blah blah. Then they produced a “study” that said that the “multiplier effect” created something like $1.20 in value for every $1.00 put into the system.

So there you have it.

Next on my list of “things to do” is alchemy. And other forms of magic.


19 posted on 08/11/2011 9:12:22 AM PDT by ConservativeDude
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To: brownsfan

You forgot Casinos, and inner-city drug dealers


20 posted on 08/11/2011 9:12:50 AM PDT by tcrlaf (PREFRONTAL LOBOTOMISTS FOR OBAMA2012!)
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To: Dubya-M-DeesWent2SyriaStupid!; LMAO; DeaconBenjamin; April Lexington; murphE; RipSawyer; ...
The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)

REF POST :"There are few other ways that can directly put money into the economy than applying unemployment insurance," Carney said. Carney answers the question: " It is one of the most direct ways to infuse money directly into the economy because people who are unemployed and obviously aren't running a paycheck are going to spend the money that they get. They're not going to save it, they're going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually." "Every place that, that money is spent has added business and that creates growth and income for businesses that leads them to decisions about jobs, more hiring. So, there are few other ways that can directly put money into the economy than applying unemployment insurance, Carney said"

Dead liberal stimulus economic theory. Paying people to NOT work increases employment like paying for abortions increases the birth rate. Unemployed People DO NOT HIRE EMPLOYEES YOU MORON!

21 posted on 08/11/2011 9:12:59 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: Bruinator

They need to loose they’re jobs. See if they could live off of $300-500 a week and bolster the economy. It is so damned ironic the dems accuse the pubs of having favor to the rich.These idiotic liberals don’t have a clue what it is like living off of $300-500 a week. That is their tip money for one day in the five star eatery.


22 posted on 08/11/2011 9:13:02 AM PDT by Dubya-M-DeesWent2SyriaStupid! (S&P wasn't worried about us not lifting the debt ceiling - they are worried about the spending)
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To: Dubya-M-DeesWent2SyriaStupid!

The idiocy of Carney in this statement simply cannot be overstated. Taken to it’s logical conclusion, the economy would be booming if everyone were on unemployment.

If that were the case, there would be no workers producing goods, no goods to be had, no services being rendered and that would be a booming economy?

I’m at a loss....


23 posted on 08/11/2011 9:13:02 AM PDT by Personal Responsibility (Government rushes to help the irresponsible and does little for the responsible)
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To: Dubya-M-DeesWent2SyriaStupid!
"Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam."

More of the "you're too dumb to understand" bullsqueeze.

Of course the real answer to the question is: "If Obama doesn't pay people without a job there is no way in hell they will vote for his dumbazz again."

24 posted on 08/11/2011 9:13:40 AM PDT by IamConservative (Do peeps that drive Smart Cars on freeways have a death wish? If not, they better have spare undies.)
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To: steveyp

A job is not a vehicle for an individual to be a consumer.

A job is a vehicle to further the aims of business entity in it’s pursuit of a return on invested capital.”

Well stated, sir.

We might add by way of a preface:

The fundamental “problem” of economics is one of PRODUCTION not of CONSUMPTION.


25 posted on 08/11/2011 9:13:49 AM PDT by ConservativeDude
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To: Armando Guerra

Sadly, none of the so-called journalists have enough testicular fortitude to ask such questions.


26 posted on 08/11/2011 9:14:30 AM PDT by FortWorthPatriot (Obama is no Hitler; Hitler got the Olympics)
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To: Dubya-M-DeesWent2SyriaStupid!

Jay Carney - they ought to call the Democrats “A CHORUS LINE”.
Tappity tap tap “I call this ‘The Unemployment Line Lunge’. See how my feet move.” Tappity tap tap tap “Now this one is known as ‘The Democrat Do-Si-Do’. We’ve fooled a lot of people with this one.” Tappity tappity tappity “This is the President’s favorite.....”The Socialist Shuffle’. He’s gotten a lot of mileage out of that”. Tappity tappity tap tap.


27 posted on 08/11/2011 9:16:41 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Dubya-M-DeesWent2SyriaStupid!
Unemployment Benefits Could Create Up To 1 Million Jobs

We must spend our way out of debt and into prosperity.

War is peace.

Freedom is slavery.

Ignorance is strength.

(George Orwell lives.)

28 posted on 08/11/2011 9:16:41 AM PDT by OB1kNOb (Obama will heretofore be known in history as the downgraded President.)
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To: Bruinator

Exactly, I was making $750 a week, got laid off and spent all last summer “raking in” $720 every TWO weeks on unemployment.

Net loss to the economy: $780 every two weeks.

With economic geniuses in the White Hut like Clown Carney, it’s no wonder we are in the state we are in.


29 posted on 08/11/2011 9:18:12 AM PDT by hattend (The SEALs got Osama. The only thing Obama killed was our childrens future - NoLibZone)
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To: Dubya-M-DeesWent2SyriaStupid!

‘Unemployment Benefits Could Create Up To 1 Million Jobs

Stupefying, death defying idiocy!!!


30 posted on 08/11/2011 9:19:42 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: Dubya-M-DeesWent2SyriaStupid!
Oh goody--so let's take Beltway Bob's claim at face value and say that unemployment benefits "create" 1 million jobs.

Only 13 million more to go, clowns.
31 posted on 08/11/2011 9:19:52 AM PDT by OCCASparky (Steely-eyed killer of the deep.)
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To: Dubya-M-DeesWent2SyriaStupid!

This is so stupid, I can’t believe he said this, or that the other dems they’ve trotted out including nancy all say unemployment insurance actually creates jobs. YOU HAVE TO TAKE THE MONEY FROM PEOPLE WHO ARE WORKING....HELLO....AND GIVE IT TO THOSE WHO ARE NOT. It’s just money exchanging hands, but, it’s the same amount of money(actually it’s probably less money). How in the heck does that create a job?


32 posted on 08/11/2011 9:23:05 AM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: Dubya-M-DeesWent2SyriaStupid!

Didn’t Pelosi say this over a year ago as well?


33 posted on 08/11/2011 9:23:45 AM PDT by wiggen (The teacher card. When the racism card just won't work.)
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To: hattend

I wish a reporter would ask Obama to guess how much someone making let’s say $20 dollars an hour $46,000-48,000 a year makes a week in UI? If he hesitates tell him it’s what we spend on MO going to a burger joint and feeding her staff in one day.


34 posted on 08/11/2011 9:25:11 AM PDT by Dubya-M-DeesWent2SyriaStupid! (S&P wasn't worried about us not lifting the debt ceiling - they are worried about the spending)
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To: ConservativeDude
LOL, looking for fishing sinkers, with gold this high I have a Brazilian in in lead.
35 posted on 08/11/2011 9:26:01 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: yantis

ROFLOL!!!! That’s awesome!!! That was my thinking except I wasn’t as creative. Taking one dollar from one hand and putting it into the other hand(actually the government gets it’s cut of that dollar, so it’s actually less than a dollar).


36 posted on 08/11/2011 9:26:26 AM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: Personal Responsibility
The idiocy of Carney in this statement simply cannot be overstated. Taken to it’s logical conclusion, the economy would be booming if everyone were on unemployment.

I know. This is crazy thinking.
37 posted on 08/11/2011 9:26:54 AM PDT by Girlene
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To: yantis
“How does taking water from one side of the pool and pouring it into the other side of the pool add any water?”

Well, it does create jobs for people pouring the water. This is exactly the way liberals think.

38 posted on 08/11/2011 9:27:13 AM PDT by Graybeard58 (Simplistic answers to complex problems never work and are only proposed by simple people.)
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To: Mrs. B.S. Roberts; CaptainAmiigaf
Here's a "You Have Got To Be Friggin' $h!++ing Me" Ping

I can't believe that Carney actually believes this crap he spews.

Moreover, I can't believe he expects those listening to believe it.

39 posted on 08/11/2011 9:28:35 AM PDT by Bloody Sam Roberts (Be prepared. It's a hard rain's that's gonna fall.)
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To: FortWorthPatriot

Or are so arrogant they think the rest of us are idiots.


40 posted on 08/11/2011 9:29:02 AM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: tsowellfan
You're lucky. The economic stimulus money that came to my state went to the spanish owned electric company and they used the money to install smart meters at every home and laid off all of their meter readers.

Using your logic: if all the ATMs were replaced with bank branches open 24 hours and staffed with tellers, we'd all be better off.

41 posted on 08/11/2011 9:30:02 AM PDT by Procyon (Decentralize, degovernmentalize, deregulate, demonopolize, decredentialize, disentitle.)
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To: ConservativeDude

Oh, oh, can you spend straw into gold???


42 posted on 08/11/2011 9:30:37 AM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: Dubya-M-DeesWent2SyriaStupid!

Carney, you moron, for every dollar given out for unemployment, several are taxed or borrowed out of the economy, COSTING jobs.

Ever heard of the broken window fallacy, you idiot?!!!


43 posted on 08/11/2011 9:30:49 AM PDT by piytar (The Obama Depression. Say it early, say it often. Why? Because it's TRUE.)
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To: Dubya-M-DeesWent2SyriaStupid!

Based on Carney’s reasoning, maybe we should extend unemployment benefits to the 95% of the world’s population who are not American citizens or green card holders. Think about all the jobs that would create.


44 posted on 08/11/2011 9:30:49 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: JrsyJack

You COULD argue that unemployment benefits stimulates work for the people who ADMINISTER the benefits.


45 posted on 08/11/2011 9:31:22 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: liberalh8ter

Hey, speaking of dog. I haven’t been Bo for awhile....hmmmm.


46 posted on 08/11/2011 9:31:50 AM PDT by MsLady (Be the kind of woman that when you get up in the morning, the devil says, "Oh crap, she's UP !!")
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To: Dubya-M-DeesWent2SyriaStupid!

The hell with unemployment benefits how about employment.

Putting 25 million un/under employed back earning money, paying taxes and buying things would solve a lot of our problems.


47 posted on 08/11/2011 9:34:17 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: Bruinator
Carney: Unemployment Benefits Could Create Up To 1 Million Jobs

"Sorry, but say I bring home 4500$ per month. In the state of TX, that is 340$ a week max UE. That money is not going to the stimulate the economy. These people are idiots."

"Let me be clear......those calling me an idiot just need to eat their peas and shut up"

Rant by black comedian Felonious Munk ripping Obama (WARNING GRAPHIC LANGUAGE)

48 posted on 08/11/2011 9:34:55 AM PDT by Matchett-PI (Obamageddon, Barackalypse Now! Bam is "Debt Man Walking" in 2012 - Rush Limbaugh)
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To: Dubya-M-DeesWent2SyriaStupid!
these idiots actually believe unemployment benefits create “good jobs” for store clerks selling milk and diapers to the unemployed

and also beer and lottery tickets

D. oh.

49 posted on 08/11/2011 9:36:46 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Procyon
if all the ATMs were replaced with bank branches open 24 hours and staffed with tellers, we'd all be better off.

That may be true but please don't sell me the idea with the promise that it's going to create jobs when in reality the unemployment rate increases from 7.2% to 9.2% after the stimulus money has been passed out.

50 posted on 08/11/2011 9:37:15 AM PDT by tsowellfan (http://www.cafenetamerica.com)
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