Posted on 12/14/2010 10:39:14 AM PST by i88schwartz
"This tax package does a couple of things immediately for economic growth in Florida. Number one, for those folks looking for work right now, it extends their unemployment benefits. Two million people across the country would lose their unemployment benefits at the end of this month if we did not move forward on this tax agreement. And economists say that not only is that good for those families, it's good for the entire economy. It's probably the biggest boost that we can give an economy because those folks are most likely to spend the money with businesses, and that gives them customers," President Obama told Tampa Bay's Channel 8.
(Excerpt) Read more at realclearpolitics.com ...
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.
God help us. We’re ruled by idiots with advanced degrees.
“It’s 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
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.
Good God that is sick
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.
That video of Fred Thompson is brilliant!
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?
Jobs are even better.....you idiot
If I'd have known going to Harvard was that easy, I'd have done it a long time ago.
Don’t forget Leprechauns either, they have a big pot ‘o’ gold to spend.
Total agreement ... the idiocy of our esteemed leaders in frightening.
Worse: Our enemies look at our situation like we're incredibly dangerous morons.
bump.
OK. So, let’s all quit and watch the economy soar!
Wow. This man is crackers.
The money to pay for the unemployment results in increased taxes for the small business owners and they lay off workers.
WOOT! nothing rev's up an economy like 20% of the working population on unemployment benefits!!!!
*rolls eyes*
Obama is dumber than a rock.
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.
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