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Schumer: Jobless Benefits ‘The Best Stimulus There Is’
Cybercast News Service ^ | December 6, 2012 | Matt Cover

Posted on 12/06/2012 1:45:58 PM PST by Olog-hai

Sen. Chuck Schumer (D-N.Y.) said that extending long-term unemployment benefits would be the “best stimulus there is” for the economy, saying it would create the most jobs for the money. …

Schumer and fellow Senate Democrats called for yet another extension of benefits for the long-term unemployed before the current benefit extension expires at the end of the year. …

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


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections; US: District of Columbia; US: New York
KEYWORDS: chuckschumer; curseatstewardess; stimulus; unemployment
Another one parroting this line. Looks like this is going to become the new Inner Party mantra for the end of the year.
1 posted on 12/06/2012 1:46:08 PM PST by Olog-hai
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To: Olog-hai

The stupidity of Schumer just makes my head hurt.

If Jobless Benefits are “The Best Stimulus There Is”, then we should ALL GO ON UNEMPLOYMENT!!!!!

That would solve all our ills, according to Schumer.

Dumber than a box of rocks.


2 posted on 12/06/2012 1:47:47 PM PST by Uncle Miltie (BOHICA eGOP!)
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To: Olog-hai

Yes! He is right. It stimulates joblessness. Is that what he wants?


3 posted on 12/06/2012 1:50:29 PM PST by plain talk
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To: Olog-hai

Unemployment benefits soon to become classified as a government job, unemployemnt rolls to go way down.


4 posted on 12/06/2012 1:50:46 PM PST by Rennes Templar (Be positive: America is greater than Obama.)
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To: Olog-hai

So why doesn’t Schumer do his patriotic duty, help stimulate the economy by going on unemployment benefits himself?


5 posted on 12/06/2012 1:52:30 PM PST by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: Olog-hai

“Jobless benefits help the economy”

is exactly like the Broken Window Fallacy

it’s the same thing really

If we were all uemployed, this economy would be really rocking!! uh... no


6 posted on 12/06/2012 1:52:41 PM PST by GeronL (http://asspos.blogspot.com)
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To: Olog-hai

All I can say to such inanity is.. oh my gawd. I know I’m sounding old, but such “retardation” is prevalent in America and to take care of yourselves. There is no going back anytime soon.


7 posted on 12/06/2012 1:54:52 PM PST by A Navy Vet (An Oath is Forever.)
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To: Uncle Miltie

Maybe those on unemployment should form a ‘laborless union’.


8 posted on 12/06/2012 1:55:03 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Olog-hai

This makes Schumer dumber than Pelosi, who is dumber than a box of rocks. Amazing.


9 posted on 12/06/2012 1:56:21 PM PST by WashingtonSource
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To: GeronL

All jobless benefits should be issued as an EBT card so that we could see what it was used to buy. Big screen tv’s would be high on the list..last would be rent and food..my guess.


10 posted on 12/06/2012 1:56:21 PM PST by Oldexpat
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To: Olog-hai
"...saying it would create the most jobs for the money."

And who's money would that be? Oh right, Obambi's stash.

11 posted on 12/06/2012 1:58:28 PM PST by A Navy Vet (I am lost in a wilderness. I no longer have a Nation I can support.)
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To: Olog-hai

Forgive him, for he is Dim-bulb-crat, and higher mental functions (such as elementary economics) are completely beyond his ability.


12 posted on 12/06/2012 1:59:25 PM PST by Da Coyote
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To: Uncle Miltie

just as stupid as saying the trickle affect starts in the middle or the bottom.

These people really are so stupid that they have convinced themselves they are smart


13 posted on 12/06/2012 2:00:14 PM PST by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: Olog-hai

Why don’t we make printing or copying money legal? That way no one will ever have to go without again.


14 posted on 12/06/2012 2:00:59 PM PST by Brett66 (Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
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To: Olog-hai

In a way, he’s right.

It keeps people from storming Capitol Hill and dragging them out to the nearest tree.................


15 posted on 12/06/2012 2:02:14 PM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: WashingtonSource

He’s not dumb he’s pushing an agenda which provides security and wealth for himself.


16 posted on 12/06/2012 2:02:52 PM PST by Vision (Obama is king of the "Takers." Don't be a "Taker.")
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To: Olog-hai
Technically no. A "stimulus" should add activity that would otherwise not be there. Jobless benefits might have the effect of keeping existing spending going when the jobless person falls off their own personal financial cliff, i.e. the family keeps eating. But that isn't really stimulative and most benefits help a family meet only their most basic needs.
17 posted on 12/06/2012 2:03:56 PM PST by NonValueAdded (If you can keep your head when all about you are losing theirs, you've likely misread the situation.)
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To: Da Coyote

So there’s all kinds of Disposable Income with Unemployment Benefits? Funny, I remember barely being able to pay the rent.


18 posted on 12/06/2012 2:04:36 PM PST by massgopguy (I owe everything to George Bailey)
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To: Olog-hai

He bascially admits that using “stimulus” to buy votes is the ‘Rat plan.


19 posted on 12/06/2012 2:06:27 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Olog-hai

No jobless benefits. Spread the pain. If the voters like Obama and think that his tax raising policies create jobs then let them test that theory. If the dems are correct, then nobody need worry about jobless benefits as the jobs will be coming. It is time for the Republicans to stop insulating the electorate from the consequences of their votes.


20 posted on 12/06/2012 2:07:41 PM PST by FlipWilson
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To: Olog-hai

Yes, folks, they’re really that stupid.


21 posted on 12/06/2012 2:08:29 PM PST by SoFloFreeper
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To: Olog-hai; pookie18
OBAMA BACON
22 posted on 12/06/2012 2:08:40 PM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: Olog-hai

‘The Best Stimulus There Is’ is letting people go hungry.


23 posted on 12/06/2012 2:08:51 PM PST by Berlin_Freeper
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To: Olog-hai

Just when I think this fool has said or done the most ignorant thing possible he proves me wrong by saying or doing something even more ignorant. WOW! Just effin WOW!


24 posted on 12/06/2012 2:10:15 PM PST by History Repeats (sic transit gloria mundi)
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To: Uncle Miltie
Dumber than a box of rocks.

Of course.

And yet an uncomfortable percentage of the population, and the Leftist Media, believe this garbage.

Just like they believe "green jobs" at $1 million each are a good idea, conservatives only criticize Obama because he's black, Republicans are the party of the rich, blah, blah, blah.

How can you fight a tidal wave of stupidity and blindness? How??


25 posted on 12/06/2012 2:11:17 PM PST by canuck_conservative
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To: Olog-hai

“Frank!!!!! I’m getting a sick headache!!!!!”


26 posted on 12/06/2012 2:15:36 PM PST by RatRipper (Self-centeredness, greed, envy, deceit and lawless corruption has killed this once great nation.)
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To: Olog-hai

So it follows that we should all be unemployed and collecting a “government check”. Wow...what logic !!!


27 posted on 12/06/2012 2:16:54 PM PST by Sacajaweau
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To: Olog-hai

Another reason to just get to January 1st by doing nothing. When they’re constitents on the couches don’t get their paychecks, there will be hell to pay.


28 posted on 12/06/2012 2:38:26 PM PST by cotton1706
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To: Olog-hai

Remember when the Democrats used to care about working families? Now Obama’s failed economic policies have given the Democrats a whole new and growing segment of the population to care about — NON-working families.

Although if the Democrats really cared about those Americans who will be losing their unemployment benefits at the end of the year, Democrats like Chuck Schumer and Nancy Pelosi would be in serious negotiations now with Congressional Republicans to allow unemployment benefits to be extended in exchange for extending the Bush tax cuts for the wealthy.

But that will not happen. To paraphrase Golda Maier, America will not solve its economic problems until Democrats start loving the poor more than they hate the rich.


29 posted on 12/06/2012 2:40:32 PM PST by Bluestocking
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To: Olog-hai

So if unemployment is stimulus then we can add all the extended unemployment in the last three and a half years to the cost of the stimulus. And it still hasn’t worked.


30 posted on 12/06/2012 2:56:08 PM PST by USNBandit (sarcasm engaged at all times)
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To: Olog-hai

...and how do you spell moron? S C H U M E R.


31 posted on 12/06/2012 3:10:10 PM PST by lgjhn23 (When the tainted finger of government touches anything, the ROT begins.)
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To: Olog-hai

This spending from Obama is so out of control, he’s giving billions to the UN for climate control. There is no one to stop this monster, this is simply outrageous!


32 posted on 12/06/2012 3:17:07 PM PST by Rockiette (Democrats are not intelligent)
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To: Olog-hai
Nancy Pelosi how unemployment creates jobs. Youtube
33 posted on 12/06/2012 3:22:28 PM PST by Taxbilly
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To: Olog-hai

I know leftists parroting this absurdity. I should tell them to get fired;)


34 posted on 12/06/2012 3:35:02 PM PST by RginTN
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To: NonValueAdded
Technically no. A "stimulus" should add activity that would otherwise not be there. Jobless benefits might have the effect of keeping existing spending going when the jobless person falls off their own personal financial cliff, i.e. the family keeps eating. But that isn't really stimulative and most benefits help a family meet only their most basic needs.

Very true. But here's the interesting part - setting aside the part about good jobless benefits being an enabler of continued joblessness, in saying that jobless benefits are the best stimulus, he's implicitly admitting that money works best in an economy when it is in the hands of actual individual consumers.

Which just happens to be the exact argument in favor of lower taxes, right?
35 posted on 12/06/2012 3:41:22 PM PST by tanknetter
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To: Olog-hai

Gee Chuck: Why not just send everyone a check whether they ever worked or not.

That would stimulate the economy too.Until the economy ran out of money ripped off from workers to pay for it.


36 posted on 12/06/2012 3:47:51 PM PST by Venturer
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To: Uncle Miltie

I second your motion.


37 posted on 12/06/2012 3:49:02 PM PST by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
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To: Olog-hai

Gee Chuck: Why not just send everyone a check whether they ever worked or not.

That would stimulate the economy too.Until the economy ran out of money ripped off from workers to pay for it.


38 posted on 12/06/2012 3:50:06 PM PST by Venturer
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To: Venturer
S2J5H7
39 posted on 12/06/2012 4:11:29 PM PST by BobP (The piss-stream media - Never to be watched again in my house)
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To: Olog-hai

This really a John Semmens article, right?


40 posted on 12/06/2012 4:22:35 PM PST by muglywump (Seven days without laughter makes one weak.)
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To: muglywump
Unfortunately, no.

And what’s worse, this similar story is a Semmens composition turned real! (I linked the Semmens thread in the first post.)
41 posted on 12/06/2012 5:05:12 PM PST by Olog-hai
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To: WKUHilltopper

“So why doesn’t Schumer do his patriotic duty, help stimulate the economy by going on unemployment benefits himself?”

Judging from his level of “productivity”, he has been on unemployment benefits for a long, long time.


42 posted on 12/06/2012 5:54:41 PM PST by jivin gene (Breakin' up is hard to do)
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To: Olog-hai

Extended federal unemployment insurance ending

CHICAGO — The Illinois Department of Employment Security says a federal program that provided unemployment insurance beyond the state’s initial 25-week coverage will expire Dec. 29.


43 posted on 12/07/2012 7:13:17 AM PST by KeyLargo
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