Skip to comments.Christmas Without Tinsel: Unemployment Really is a Zero Sum Game, Nancy
Posted on 12/07/2013 8:23:36 AM PST by NOBO2012
Theres nothing quite like the holiday season in Washington!
Weve got Santas:
The American Santa Claus and the jolly old elf: you decide
OK, so we were a day late for a proper Hanukkah celebration, butt weve been busy. And when its a holiday menorah the precise date is irrelevant.
And in case you missed it last night, we lit the national Holiday tree:
And nearly everyone was happy, happy, happy
We had lots of guests, including Aretha Franklin who came as Humble Bumble from the Isle of Misfit Toys:
And Mariah Carey, who came as
well, Im not sure. Maybe a sack of marshmallows?
Meanwhile, our legislators were busy wrapping gifts for their constituents. Heres Nancy Pelosi at her annual holiday news conference, promising extra unemployment benefits to all the good little boys and girls who still havent had any luck finding a job, lo, these many (5, butt whos counting?) years:
""Economists agree that unemployment benefits remain one of the best ways to grow the economy in a very immediate way. It immediately injects demand into our markets and increases employment. For every dollar spent on unemployment benefits, the economy grows by, according to one estimate, $1.52; by others, $2. So somewhere in that range, but much more than is spent on it," Pelosi said.
Apparently extended unemployment benefits have proved to be so popular with recipients in the past that Nan decided to re-gift them again this year.
This gift concept originated way back in 2010, when San-Fran-Nan first told us that unemployment
injects demand into the economy It creates jobs faster than almost any other initiative you can name.
And here she is at the first re-gifting, for Christmas 2011:
The unemployment insurance extension is not only good for individuals. It has a macroeconomic impact. As macroeconomic advisers have stated, it would make a difference of 600,000 jobs to our economy.
The super-velocity of unemployment dollars is an interesting Keynesian-lite economic theory that our regime economists have skillfully
created from whole cloth scripted to be used by any of our Democratic propagandists legislators who are willing to repeat such moronic indisputable talking points. And they are legion.
(Note: all talking points memos are also handed out daily to our
compliant useful impartial media. That would be everyone except Fox News.)
As Doug Powers first pointed out during the 2010 inaugural run of the unemployment multiple gifting idea, if unemployment is the best way to create jobs, our economy wont be fully functioning until nobodys working. And I doubt even Big Guy can accomplish that. Although I certainly give him credit for trying.
Perhaps this would be a good time to point out that SFN also believes that tax increases are spending reductions, so at least her illogical syllogism is consistent.
Oh, and for the record
moron Nan, you inject money into the system. Demand is created. Butt trust me, unemployment does neither; it just redistributes what was already there. You know, spread the wealth around, sort of like Santa does, only with other peoples money.
I still dont get it; you mean no matter how many times I add it up, I still get ZERO?
Posted from: Michelle Obamas Mirror
Of course, it’s SanFranNan who thinks unemployment checks stimulate the economy. Was she the one who coined the term “funemployment”?
Mariah Carey as a `sack of marshmallows’? I wouldn’t go quite that far! `Albino cougar’, maybe.
I am surprised the Obama women are not dressed in burkas.
On the first video, did you hear her Freudian slip?
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