Posted on 08/11/2011 9:03:21 AM PDT by Dubya-M-DeesWent2SyriaStupid!
So, if we carry this nonsense to its logical conclusion, the economy will get better as more people go on unemployment.
Just another circular argument from the left. The Marxist social justice idiots know nothing but ideology. They have no concept of what an economy is or what makes it grow. They truly believe there is a fixed amount of dollars and the only way to get their piece is to take it from the rich. It just does not occur to them to earn it on their own.
They have nothing but contempt for intellectual and monetary risk takers who think of something new that people need or want, get it manufactured, distributed and marketed. They do not understand that capitalism rewards successful risk takers. Marxism’s “from each according to his means and to each according to his needs” mantra discourages risk takers because there is no reward. Marxism does not even reward those who work hard. Tokens like the Order of Lenin Medal do not improve an individual’s or a society’s standard of living. That is why all Marxist states ultimately fail. Marxism simply flies in the face of human nature.
Money that is moved from one place to another is not stimulating anything overall. Wealth has to be created for it to be helping the economy. Government can’t do that.
Armando, that’s the money quote of the day! This whole idea of “stimulus” didn’t even have “shovel ready” jobs as its focus. They gave the money to the states and the states spent it on themselves. That is they just used the money to stave off the inevitable for another year. Here in California Arnie left Jerry the Fairy in a world of hurt in this manner. In a perverse way, although Arnie was an idiot, he inadvertently hosed his successor! Come on California RATs, don’t keep us waiting, just go under now so we can start sooner to pick up the pieces,
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.That would be great if there was no sales tax, income tax, payroll tax, self-employment tax etc. sucked out of each shop owner's dollar before s/he can spend it.
Ultimately the government gets it all. Spending your money is the fastest way for the government to get your money...all tax plans work that way by design.
I just don’t see how unemployment benefits create jobs. People that need them are not buying houses, cars, restaurant dining, Blu-ray DVD players, riding lawnmowers, plasma tvs, and related. Can some reporter with backbone ask Carney the type of millions of jobs he is talking about? Expenditures for basic sustenance does create jobs. It allows someone to exist in a steady state, allows grocery stores to receive their business, and it allows utilities, auto loans to be paid.
Typo, “...doesn’t..”
Typo, “...doesn’t..”
Let’s all go on unemployment and sling this bitch into overdrive!
What he really meant to say was “create or save”. That way no matter what happens they can claim that they saved million jobs that would have been lost.
Hopefully, carney and company will be able to experience unemployment firsthand in Nov 2012.
If the Carney opposition had any brains they would use this. This is a great explanation of liberal economics. He just admitted their plan to improve the economy depends on people making just enough money to get by. This implies they want people to have no savings and no safety net. Of course when he grows up,if, he will understand life is not linear. Transmissions fall out, people get very sick, life changes. Everyone needs savings and should not be forced to spend every dime to survive. Come on folks, get this out there.
on second thought, the voting tools prolly depend upon the insanity of pissin good money after bad...
Holy crap. Extreme idiocy on parade. Common sense is no longer something most people have I’m afraid.
"Perpetual Motion Machine" economics?
"Cold Fusion" economics?
"Have Your Cake and Eat it Too" economics?
Yeah, it will all be ‘spent’ - for food, mortgage, gas, etc = duh.
As will that much and MORE from someone still bringing home a paycheck - it's called the necessities of life.
But someone with a paycheck will spend MORE - even if they DO - gasp - SAVE some.
Those who save are now considered what? Unpatriotic? criminals?
What a bunch of gibberish. This was Nanny P's bright statement a few months ago...that unemployment was the greatest boon to the economy.
How long do we suffer these ignoramuses? Actually, they don't believe it for a minute. They just have such disdain for the lowly, unwashed, public that they think we'll swallow the hype - tripe?
LOL
Leftist logic. Unemployment payments create jobs, but tax cuts don’t.
I seriously doubt that people getting unemployment benefits are spending more than they did before, whereas a worker getting taxed less is going to spend more.
Socialists are evil.
LLS
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