Posted on 07/01/2010 1:17:26 PM PDT by Sub-Driver
Pelosi: Unemployment Checks Fastest Way to Create Jobs
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday. fox news
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday.
Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job.
"It injects demand into the economy," Pelosi said, arguing that when families have money to spend it keeps the economy churning. "It creates jobs faster than almost any other initiative you can name."
Pelosi said the aid has the "double benefit" of helping those who lost their jobs and acting as a "job creator" on the side.
"It's impossible to think of a situation where we would have a country that would say we're not going to have unemployment benefits," Pelosi said.
(Excerpt) Read more at foxnews.com ...
Let’s take her at her word. If Pelosi truly believed this, then she would support spending the remainder of the so-called ‘stimulus’ funds on extending unemployment benefits. According to her, we get the most bang for the buck through unemployment benefits. But Pelosi is vehemently opposed to spending stimulus dollars on an extension of unemployment benefits. Thus, Pelosi is a liar.
This woman is effing stupid. Let’s take this to its logical conclusion: if giving people unemployment checks creates jobs, then we can achieve that long-sought-after holy grail of economics - full employment - by simply giving everyone an unemployment check!
But...who’s gonna pay for all that unemployment comp. insurance?
Oops, I don’t know how that happened.
But...whos gonna pay for all that unemployment comp. insurance?
"Shut up," Nancy Pelosi explained.
Truly, America has elected its own village idiots to govern itself...
Well, then, let the spending blossom! Where’s my check? Just think of all the jobs I could create with other people’s money!
Truly she is one of the dumbest women on the planet. Home Depot and Lowes ought to start stocking their shelves with pitch forks, torches, tar, and feathers. At this point, they would sell out every time and would need to create jobs to handle all the new business. Maybe it would cause a few factories to tool up and get some more truckers back on the road as well.
Yet Nancy and her ilk thought it was funnier that “nuclear” was misprounced or that an “e” was placed on the end of “tomato”
This is clearly a case of 2+2=5
http://en.wikipedia.org/wiki/2_%2B_2_%3D_5
Without those unemployement checks there would have been riots in the streets by now. The question is how long can they keep kicking this can down the road before it too crashes?
It is not healthy for a society to have so many citizens become wards of the state.
Free money is not free, there is always a string attached.
Government doesn’t “create” jobs: only productive free
market enterprise can create jobs!
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