Another groaner from our econmic genius President.

[KLATTU]

"Voting for unemployment insurance helps people and creates jobs. And voting against it does not,"

FCOL.

 

[Fenton]

"Voting for unemployment insurance helps
people and creates jobs. And voting against it does not,"

FCOL.

To think there are still individuals who aren't continuously stoned out of their mind and over the age of 18 that still support this guy.

He should have led with this bit of economic stupidity as a growth iniative in his 2008 campaign.

You know, told the truth.

 

[Vern]

"Voting for unemployment insurance helps people and creates jobs. And voting against it does not,"

FCOL.

Can you even begin to string words together to form sentences to explain why UE doesn't help people or create jobs? Now remember how you were shocked to learn a month ago that President Bush gave GM 20 billion in loans in 2008? Well prepared to be even more shocked. UE is not just a lifeline to people in need, its actually a great stimulus. Just go to Table 1 or Figure 2

http://cbo.gov/sites/default/files/cbofiles/ftpdocs/112xx/doc11255/02-23-employment_testimony.pdf

But don't you find it a bit hypocritical that the people who want to cut the benefits are the same people who killed the president's job bill? just a teensy bit?

 

[Fenton]

Can you even begin to string words together to form sentences to explain why UE
doesn't help people or create jobs? Now remember how you were shocked to learn a month ago that President Bush gave GM 20 billion in loans in 2008? Well prepared to be even more shocked. UE is not just a lifeline to people in need, its actually a great stimulus. Just go to Table 1 or Figure 2

http://cbo.gov/sites/default/files/cbofiles/ftpdocs/112xx/doc11255/02-23-employment_testimony.pdf

But don't you find it a bit hypocritical that the people who want to cut the benefits are the same people who killed the president's job bill? just a teensy bit?

Lol...

Extending EU benefits IS Obama's " Jobs Bill ".

And the Republicans had no political power to stop Obama's last jobs bill ( Green Jobs ).

It failed because it was a retarded and ridiculous idea that looked like it was patterned after a 5th graders science project and it wasted hundreds of millions of dollars.

You honestly think Obama would do better on his "next" jobs bill ?
Lol.

Of-course he wouldn't, he's incompetent.

 

[spud_meister]

"econmic genius"

:lol:

 

[MichaelJR]

By people not working, you are creating jobs....

 

[Vern]

mmmmm, can anybody string words together to form sentences to explain why UE doesn't help people or create jobs?

while we're waiting, the true victim of the republican policy to block any attempt at a jobs bill is the economy.

"In other words, when there is weak demand and people remain out of work, the cyclical downturn can become a structural downturn. That means that policymakers should move particularly aggressively to keep that from happening."

The Great Recession may have crushed America’s economic potential

Oh that's right, the republican priority was to reduce the deficit. well except for pushing for tax cuts. well except for trying to repeal Obamacare. well except for causing shutdowns.

 

[VanceMack]

Can you even begin to string words together to form sentences to explain why UE doesn't help people or create jobs? Now remember how you were shocked to learn a month ago that President Bush gave GM 20 billion in loans in 2008? Well prepared to be even more shocked. UE is not just a lifeline to people in need, its actually a great stimulus. Just go to Table 1 or Figure 2

http://cbo.gov/sites/default/files/cbofiles/ftpdocs/112xx/doc11255/02-23-employment_testimony.pdf

But don't you find it a bit hypocritical that the people who want to cut the benefits are the same people who killed the president's job bill? just a teensy bit?

'Helps' people (keeps them continually dependent) is debatable. Creates jobs? No. At best it sustains some jobs. People on unemployment arent placing a lot of industrial, manufacturing, or construction demand.

 

[Vern]

'Helps' people (keeps them continually dependent) is debatable.

Thank you for posting your ideology to counter the obvious fact that UE helps people who lose their jobs. Please state that if you lost you job you would not seek UE benefits.

Creates jobs? No. At best it sustains some jobs. People on unemployment arent placing a lot of industrial, manufacturing, or construction demand.

I posted the CBO link. Table 1 and Figure 2 clearly delineate its affect on GDP. UE payments go right back into the economy.

"Extending additional unemployment benefits would directly help those who would otherwise exhaust their unemployment benefits between March and December of this year. Households receiving unemployment benefits tend to spend the additional benefits quickly, making this option both timely and cost-effective in spurring economic activity and employment."

 

[MTAtech]

"Voting for unemployment insurance helps people and creates jobs. And voting against it does not,"

FCOL.

And it does. When people have lost their jobs they have little money to buy food or gasoline to drive to an interview. Spending money creates jobs as it fuel demand. This should be an easy concept even for anti-intellectuals.

But leave it our conservatives to think that the unemployed are nothing but stoners, instead of people like any of use who had the misfortune to lose their jobs due to no fault of their own -- and then devise to cruelest of policies -- cut off UE insurance when there are three job seekers for each job opening.

 

[MTAtech]

Thank you for posting your ideology to counter the obvious fact that UE helps people who lose their jobs. Please state that if you lost you job you would not seek UE benefits.



I posted the CBO link. Table 1 and Figure 2 clearly delineate its affect on GDP. UE payments go right back into the economy.

"Extending additional unemployment benefits would directly help those who would otherwise exhaust their unemployment benefits between March and December of this year. Households receiving unemployment benefits tend to spend the additional benefits quickly, making this option both timely and cost-effective in spurring economic activity and employment."

Lol...

Extending EU benefits IS Obama's " Jobs Bill ".

And the Republicans had no political power to stop Obama's last jobs bill ( Green Jobs ).

It failed because it was a retarded and ridiculous idea that looked like it was patterned after a 5th graders science project and it wasted hundreds of millions of dollars.

You honestly think Obama would do better on his "next" jobs bill ?
Lol.

Of-course he wouldn't, he's incompetent.

Can you argue using facts or is the best that you can do is summon insulting adjectives, like "ridiculous" and "retarded"? (better not let Sarah Palin see this post)

 

[IntheKnow]

"Voting for unemployment insurance helps people and creates jobs. And voting against it does not,"

FCOL.

I have learned through my research that "social benefit" programs which is what UE, SS and WC and all other forms of befit payment is designed to create a dependence and not to empower the individual. The US is in a 'Zero growth post industrial" period, which means only a select few industries are to remain here in the Inited States. The Unem[ployment numbers are completely manipulated ,not counting the many who have just given up and those who are expired from claiming. The President may seem like he is the power, but in reality he nor congress has any power at all to fix the economy as long as the Federal reserve exists and has 100% control of the currency, which isnt money ,its debt, it has to be borrowed to be in existence.

 

[libertyMoney]

ooo... People asking for facts. I'll drop one out there.

North Carolina reduced unemployment benefits. The result:
The number of unemployed sank by nearly 73,000.
8.9% unemployment down to 7.4%

When people aren't given the choice not to work they actually find a job.
Who would have thunk it?

If someone is not capable of finding a job within a few months then there is either serious economic problems or medical problems.

If there are medical problems that make them incapable of finding a job then they should be on a different program that doesn't require they work.
If there are economic problems then we shouldn't try to solve it by giving more money that the United States does not have.

 

[IntheKnow]

Obama is not incompetent, everything is very calculated, these parties that seem to not get along, they do. The federal governemnt would rather look like a bunch of bungling circus clowns than to take responsisbilty for being the corrupt body they actually are! Obama was marketed very brilliantly at a time when the previous president could do NO right and lets face facts the Bush admin well thats just generational treason! If we want a better picture or more acurate view of what our president is going to do, go ahead and listen and then apply the opposite of what he said, or realize theres a much bigger picture, he hjas not told a single truth since he has been in office. why would he start now, I dont even know his real name!

 

[IntheKnow]

Sorry to disagree , if you take all the nmagic number crunching away from the truth nation wide our numbers are more in the 20 to 23 % area. I understand that the media says different, thats why I quit watching tv awhile ago!

 

[MTAtech]

I have learned through my research that "social benefit" programs which is what UE, SS and WC and all other forms of befit payment is designed to create a dependence and not to empower the individual. The US is in a 'Zero growth post industrial" period, which means only a select few industries are to remain here in the Inited States. The Unem[ployment numbers are completely manipulated ,not counting the many who have just given up and those who are expired from claiming. The President may seem like he is the power, but in reality he nor congress has any power at all to fix the economy as long as the Federal reserve exists and has 100% control of the currency, which isnt money ,its debt, it has to be borrowed to be in existence.

What "research" might that be, the Hannity show?
It's the United States, no the "Inited States."
There are many different unemployment indicators, depending upon what one is measuring.

There is no “true” unemployment rate, just various indicators of the state of the labor market. Fortunately, these indicators pretty much move in tandem, so we’re not usually confused about whether the market is getting better or worse. But they do measure somewhat different things, and which one you want to look at depends on what questions you’re asking.

After all, what do we mean when we say someone is unemployed? We don’t just mean “not working”, because that applies to retirees, the disabled, playboys on yachts, etc.. We mean someone who wants to work but can’t find that work — a useful notion. But there’s some unavoidable fuzziness about both what it means to want to work and what it means to be unable to find work.

None of that means the official UE figures are manipulate or made up, although I can see your inclination to dismiss numbers that you find ideologically inconvenient.

The Federal Reserve is doing the best job imaginable to improve the economy. It's doing a lot more than Congress, that seems to be fixated with austerity, instead of economic expansion.

 

[VanceMack]

Thank you for posting your ideology to counter the obvious fact that UE helps people who lose their jobs. Please state that if you lost you job you would not seek UE benefits.



I posted the CBO link. Table 1 and Figure 2 clearly delineate its affect on GDP. UE payments go right back into the economy.

"Extending additional unemployment benefits would directly help those who would otherwise exhaust their unemployment benefits between March and December of this year. Households receiving unemployment benefits tend to spend the additional benefits quickly, making this option both timely and cost-effective in spurring economic activity and employment."

We arent talking about "seeking benefits." People pay unemployment then they are entitled to them...for specified period of time. Not time and all eternity. Benefits have already been extended out to 99 weeks. If someone cant find a job in 99 weeks, maybe someones ass ought to be job shadowing a few illegal immigrants.

That money goes back into paying bills and buying food. That isnt a 'job creation' effort.

 

[Vern]

We arent talking about "seeking benefits."

???

People pay unemployment then they are entitled to them...for specified period of time. Not time and all eternity. Benefits have already been extended out to 99 weeks. If someone cant find a job in 99 weeks, maybe someones ass ought to be job shadowing a few illegal immigrants.

Ahhh, your ideology has a time limit of 99 weeks. and way to go attacking the imaginary narrative that people are entitled to UE benefits “for all eternity”. Lets have an adult conversation for a minute.

So you obviously think republicans are doing the long term unemployed a favor by cutting off job benefits. If pubs were really concerned, wouldn’t a jobs bill targeting the long term unemployed be a better solution. But not supporting a new jobs bill and blocking the last one, are republicans sending a signal that “the economy is fine”? A quick perusal of any thread concerning the incredible stock market or ADP jobs data shows conservatives think the economy is in the tank. (some even think even worse than before President Obama took over.)

If the economy is still in the tank, don’t republicans have a constitutional obligation to “promote the general Welfare?” I wouldn’t call pretending people are lazy “promote the general Welfare. “ Hey, they could use the money they saved by not repealing Obamacare to pay for it.

That money goes back into paying bills and buying food. That isnt a 'job creation' effort.

don’t flail at me, flail at the CBO.

 

[Fenton]

Can you argue using facts or is the best
that you can do is summon insulting adjectives, like "ridiculous" and "retarded"? (better not let Sarah Palin see this post)

Obama's green jobs iniative WAS ridiculous and retarded and most likely criminal.

I don't know what you would call a jobs bill that used hundreds of millions of borrowed dollars to build a manaufacturing base for a product no one wanted and that could have always have been built cheaper in China.

I call it dumb as all get out and again, most likely highly illegal.

 

[Fenton]

What "research" might that be, the Hannity
show?
It's the United States, no the "Inited States."
There are many different unemployment indicators, depending upon what one is measuring. None of that means the official UE figures are manipulate or made up, although I can see your inclination to dismiss numbers that you find ideologically inconvenient.

The Federal Reserve is doing the best job imaginable to improve the economy. It's doing a lot more than Congress, that seems to be fixated with austerity, instead of economic expansion.

You people are just simply misinformed.

You don't know what your'e talking about and you never attempt to educate yourselfs beyond the limits of your political ideology.

QE is destructive to our economy, great for our assets and equities markets, great for the gamblers, but bad for real growth.

Since 2008, the FED has been paying banks interest on their excess reserves, which are at a RECORD high right now.

Its also been lowering interest rates so low, its not practical for a bank to risk their principle by loaning it out in a Obama economy, especially whdn they're gettinv NO RISK interest payments from the FED on their record reserves.

Who controls the reserve rate ?

Its hard to beleive anyone so ill informed would show up and post opinions with such confidence but you people do it EVERYDAY.

Look at some of the threads started by the Libs. Celebrating the Dow record highs built on artificially inflated assets ? Really ?

 

[Awesome!]

I let 9 workers go this month because their services are needed more to help spur economic growth collecting UE benefits.

 

[KLATTU]

I let 9 workers go this month because their services are needed more to help spur economic growth collecting UE benefits.

DING! DING ! DING!!!
We have a winner.
Best post of the thread!!

 

[ludin]

And it does. When people have lost their jobs they have little money to buy food or gasoline to drive to an interview. Spending money creates jobs as it fuel demand. This should be an easy concept even for anti-intellectuals.

But leave it our conservatives to think that the unemployed are nothing but stoners, instead of people like any of use who had the misfortune to lose their jobs due to no fault of their own -- and then devise to cruelest of policies -- cut off UE insurance when there are three job seekers for each job opening.

Yes unemployment is good for short term (which it is suppose to be. short term).

The Terrifying Reality of Long-Term Unemployment - Matthew O'Brien - The Atlantic
Companies won’t even look at resumes of the long-term unemployed

if you are out of work longer than 6 months companies aren't even looking at your for employment.
if you are out of work 3 months you chances of getting hired go down so well.

why? because they figure in that amount of time you should be able to find something. Anything is better than nothing.

Paying people to stay home and do nothing is hurting them more than helping them.

 

[VanceMack]

???




Ahhh, your ideology has a time limit of 99 weeks. and way to go attacking the imaginary narrative that people are entitled to UE benefits “for all eternity”. Lets have an adult conversation for a minute.

So you obviously think republicans are doing the long term unemployed a favor by cutting off job benefits. If pubs were really concerned, wouldn’t a jobs bill targeting the long term unemployed be a better solution. But not supporting a new jobs bill and blocking the last one, are republicans sending a signal that “the economy is fine”? A quick perusal of any thread concerning the incredible stock market or ADP jobs data shows conservatives think the economy is in the tank. (some even think even worse than before President Obama took over.)

If the economy is still in the tank, don’t republicans have a constitutional obligation to “promote the general Welfare?” I wouldn’t call pretending people are lazy “promote the general Welfare. “ Hey, they could use the money they saved by not repealing Obamacare to pay for it.



don’t flail at me, flail at the CBO.

People that work and PAY for benefits are ENTITLED to the benefits they have PAID for. They dont have to 'seek something they didnt earn, they collect the benefit they are entitled to receive for the duration they are entitled to receive it for.

As for the rest of your comment about teh eeeeeevil republicans...I dont give much of a damn about republicans or democrats and I think even less of people that try to govern based on feeeeeelings. Unemployment benefits were not meant to be sustainable for as long as the unemployed want it until they find the job they want. There is no mechanism to pay for benefits beyond 99 weeks. Holy **** dude...thats almost 2 years. If someone is incapable of finding work in 2 years, they dont need unemployment benefits, they need a mommy.

 

[ttwtt78640]

I let 9 workers go this month because their services are needed more to help spur economic growth collecting UE benefits.

Good idea. Maybe they can get SNAP too to spur even more job growth.