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Obama: Unemployment Benefits "Biggest Boost" To The Economy
RealClearPolitics ^
| December 14, 2010
| RealClearPolitics
Posted on 12/14/2010 10:39:14 AM PST by i88schwartz
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To: RobRoy
The nation's economy and wealth is the product of the individual efforts of its citizens to create wealth. Generally, the more productive we are, the stronger the economy will be and the more aggregate wealth we will create.
Therefore, governmental disincentives to work or to employ others to work, and governmental incentives to forgo work, will result in less wealth and a weaker economy. Unemployment insurance benefits are a disincentive to work. Some people who receive them and other government benefits will rely on those benefits and not look for work or decline to take jobs that they don't like or that they feel are not adequately remunerative. To the extent that employers are therefore compelled to increase the wages for those jobs, the effect of unemployment benefits is inflationary. To the extent that those jobs are not filled, the economy as a whole is weaker, in that it produces fewer goods and services, and we are all less wealthy.
21
posted on
12/14/2010 11:01:18 AM PST
by
p. henry
To: i88schwartz
God help us. We’re ruled by idiots with advanced degrees.
22
posted on
12/14/2010 11:02:56 AM PST
by
redpoll
To: al baby
“Its like trying to screw your way out of having aids.”
There are some South African men (less than animals) that believe this can be done.
CAUTION!! Disgusting article.
http://www.wnd.com/?pageId=12139
23
posted on
12/14/2010 11:05:39 AM PST
by
panaxanax
(IMPEACH THE MUSLIM MARXIST....NOW!!!)
To: i88schwartz
Quite a coup claiming that the biggest boost to the economy that he can produce is added time on the unemployment checks for out-of-work Amercians, regardless of whether someone on UI for 2 or three years doesn’t have a deeper problem....utterly telling if you ask me. There is no recovery, there is no easing of difficulty - only the need for more largesse to UI recipients, claiming it’s a boost for our economy.....it’s like this money came from out of the blue and wasn’t taken from the rest of us working stiffs.
24
posted on
12/14/2010 11:08:59 AM PST
by
Gaffer
To: panaxanax
25
posted on
12/14/2010 11:08:59 AM PST
by
al baby
(Hi Mom REMEMBER FREE REPUBLIC IN YOUR WILL. I DID)
To: i88schwartz
Government unemployment benefits contribute to a shiftless, lazy society of entitlement. This function would be better handled by the private sector in the form of an optional insurance program.
As I've stated in several other threads, I also think that along with ditching a government-run unemployment benefit program, the minimum wage is ought to be abolished. It's a real business killer.
26
posted on
12/14/2010 11:09:33 AM PST
by
re_nortex
(DP...that's what I like about Texas...)
To: sickoflibs
That video of Fred Thompson is brilliant!
27
posted on
12/14/2010 11:12:11 AM PST
by
Sister_T
("Calling ILLEGAL aliens "immigrants" is like calling shoplifters 'customers'!"-UCFRoadWarrior ><>)
To: i88schwartz
Yeah. And sticking your head in a garbage disposal and turning it on will get rid of your cold. Can these people really be that stupid?
28
posted on
12/14/2010 11:13:23 AM PST
by
mtg
To: i88schwartz
Jobs are even better.....you idiot
To: i88schwartz
So following that line of logic, if we double unemployment benefits, that should stop the problems in the economy completely.
If I'd have known going to Harvard was that easy, I'd have done it a long time ago.
30
posted on
12/14/2010 11:15:46 AM PST
by
blackdog
To: i88schwartz
Don’t forget Leprechauns either, they have a big pot ‘o’ gold to spend.
31
posted on
12/14/2010 11:15:55 AM PST
by
Brett66
(Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
To: ClearCase_guy
The idea that unemployment checks stimulate the economy is something that stupid people say. Total agreement ... the idiocy of our esteemed leaders in frightening.
Worse: Our enemies look at our situation like we're incredibly dangerous morons.
32
posted on
12/14/2010 11:17:42 AM PST
by
Centurion2000
(Any economy based on Keynesian principles and practices are always ponzi/pyramid schemes.)
To: i88schwartz
33
posted on
12/14/2010 11:20:57 AM PST
by
library user
(Just because you're homeless doesn't mean you're lazy.)
To: i88schwartz
OK. So, let’s all quit and watch the economy soar!
Wow. This man is crackers.
34
posted on
12/14/2010 11:23:06 AM PST
by
RexBeach
To: ClearCase_guy
Scenario A) Unemployed person gets a check, goes to the store and buys food, a magazine and some socks. Does this "grow" the economy? Not a chance. It sustains some existing businesses, at best. The money to pay for the unemployment results in increased taxes for the small business owners and they lay off workers.
35
posted on
12/14/2010 11:24:25 AM PST
by
mbynack
(Retired USAF SMSgt)
To: i88schwartz
using Obama’s logic... the best thing that could happen to the economy is the unemployment rate jumping to 20% with all those extra millions collecting unemployment!
WOOT! nothing rev's up an economy like 20% of the working population on unemployment benefits!!!!
*rolls eyes*
To: i88schwartz
Well I guess if you work AT the unemployment office, it is a boom for you. An Pawn shops must be doing pretty good as people trade in valuable for cash is skyrocketing.
To: i88schwartz
Obama is dumber than a rock.
38
posted on
12/14/2010 11:44:07 AM PST
by
mulligan
To: i88schwartz
39
posted on
12/14/2010 11:49:58 AM PST
by
traumer
To: i88schwartz
Oh really? Why don’t we all just quit working and go on unemployment then? Presumably, that would help the economy more than anything else.
40
posted on
12/14/2010 11:52:56 AM PST
by
3niner
(When Obama succeeds, America fails.)
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