I asked you a question and you ignored it, where does the money come from to pay unemployment benefits and what effect does that have on the economy? Further why hasn't two years of unemployment insurance generated the theory based results?
Because you don't understand human nature at all. You are better with robots
Its comments like these that show you have no idea what you're talking about. None. Nothing but unresponsive horse**** in that response.
We have an official Mint at our disposal. A positive multiplier effect is an investment in the general welfare. Don't you believe in investing?
Because money has to circulate to be effective.
What effect does using that printing press have on the value of the money your parents have? Any idea how much we pay in debt service on that 17.3 trillion dollar debt and what that does to the economy. Still waiting for an answer to where the money comes from to pay for unemployment insurance? You don't really seem to have any idea especially if you think it is printed.
It depends on many factors; gains in productivity being one them.
Jobs Report: Unemployment Down, But 800,000 Leave WorkforceEmployers added a net 288,000 payroll jobs while the unemployment rate fell by 0.4 percentage points. April experienced the fourth largest growth in payroll jobs and ties for the largest drop in unemployment since the recession began in 2008—very welcome news for struggling workers.
Jobs Report: Unemployment Down, But 800,000 Leave WorkforceHowever, this large drop in unemployment occurred because of an enormous number of Americans simply giving up looking for work. In April, an estimated 800,000 Americans simply left the labor market. As a result, the labor force participation rate dropped back to 62.8 percent—tied for the lowest rate since the 1970s. Fewer prospective workers, not more jobs, caused the decline in unemployment.
How Many Jobs Are Needed to Keep Up with Population Growth? | The Economic PopulistWe can also estimate the number of jobs needed each month, just to maintain, by rough numbers. If we assume a smoothed noninstitutional civilian population growth rate of 0.076% per month, then next month's population growth would be 185,617 additional people ages 16 and over and not locked up somewhere. If we then assume the labor participation rate of this new growth would be 68.0% and not the actual, artificially low 63.5%, we would get an additional 126,920 jobs needed to keep up with this population growth.
Obama Must Create 230,000 Jobs A Month Until The End Of His Second Term For Return To Breakeven - Charting The New "7 Year Itch" Normal | Zero HedgeSo in the vein of sharing pretty charts, here is one: we show job losses since the beginning of the Recession (excluding for the impact of census hiring), juxtaposed to the natural growth rate of the Labor Pool (and not the artificial one, which according to the BLS is the same now as it was a year ago). We discover that i) 7.6 Million absolute jobs have been lost since the beginning of the Recession; ii) that a record 10.5 Million jobs (and you won't find this statistic anywhere), have been lost when factoring in for the natural growth of the Labor Pool of 90-100K a month (we use the lower estimate, which also happens to be the CBO's estimate), and that iii) assuming we expect to return to the jobs baseline level as of December 2007 (or an unemployment rate of 5%) by the end of Obama's second term (and we make the big assumption there will be a second term), Obama needs to create 230,000 jobs each and every month consecutively from September through November 2016 in order for the total jobs lost to be put back into the labor force, and that iv) an optimistic (if more realistic) projection of jobs returning to the work force means the return the baseline will occur in 2019, some 7 years after the start of the last recession.
How Many Jobs Are Needed to Keep Up with Population Growth? | The Economic Populist
That, folks, should have you horrified. Literally we have desperate and destitute people falling through the statistical crevasse, into the abyss where they can only shout out from the numerical darkness, yes I want a job!
We have had over 20 million Americans collecting unemployment many for two years and what has that done to productivity, the debt, the .economic growth? I hope I am around when you realize that you don't know nearly as much as you think you do. The best multiplier effect is putting those people back to work not paying them to be unemployed. You think unemployed people spend money on cars? You simply have no idea how our economic works.
Where on Earth did you get a figure of 20 million? Latest number, week ending 12April, was 2.8 million for all programs. It's never been close to 20 million.We have had over 20 million Americans collecting unemployment many for two years and what has that done to productivity, the debt, the .economic growth? I hope I am around when you realize that you don't know nearly as much as you think you do. The best multiplier effect is putting those people back to work not paying them to be unemployed. You think unemployed people spend money on cars? You simply have no idea how our economic works.
why do you believe a positive multiplier effect is a failed argument, instead of merely resorting to fallacy?
I don't believe welfare is a positive. The notion of Marxism is a failed one.
I don't believe welfare is a positive. The notion of Marxism is a failed one.
Did you miss post #809?
How do you "put people to work" in any at-will employment State?
Where on Earth did you get a figure of 20 million? Latest number, week ending 12April, was 2.8 million for all programs. It's never been close to 20 million.
You put people to work by creating a strong, growing economy and Obama and liberalism isn't doing that. I don't know how old you are but hopefully I will be around when you learn that all that book learning you have has been a waste of time.
is it the public sector that is supposed to create a strong, growing economy?
The public sector does very little but create debt as evidenced by the 3.8 trillion dollar Federal Govt. You should be quite informed on massive govt. as evidenced by your own state. It is the role of the Federal Govt. to create the atmosphere for private sector growth but not in your state or the liberal utopias wherever they are
How well did that work during WWII?
What year was WWII and what year is it now?
I know how to read BLS reports, and they don't report on anyone collecting unemployment benefits. I suggest you learn to read them to know that the official unemployment numbers have never ever been based on eligibility or receipt of benefits.I suggest you learn how to read BLS reports. You simply have no idea what you are talking about. I am not sure where you get your information but it does appear to be out of some leftwing propaganda publicaction.
It has to do with massive government spending, not the private sector, ending the Great Depression.
I know how to read BLS reports, and they don't report on anyone collecting unemployment benefits. I suggest you learn to read them to know that the official unemployment numbers have never ever been based on eligibility or receipt of benefits.
My number comes from the Employment and Training Administration, the part of DOL that reports UI claims http://www.dol.gov/ui/data.pdf page three gives the number collecting from all programs.
Your 20 million is still way off, even counting tot a l unemployed…Hell, it's higher than the total number who say they want a job, regardless of whether they're actually doing something or could accept a job if offered.
I know how to read BLS reports, and they don't report on anyone collecting unemployment benefits. I suggest you learn to read them to know that the official unemployment numbers have never ever been based on eligibility or receipt of benefits.
My number comes from the Employment and Training Administration, the part of DOL that reports UI claims http://www.dol.gov/ui/data.pdf page three gives the number collecting from all programs.
Your 20 million is still way off, even counting tot a l unemployed…Hell, it's higher than the total number who say they want a job, regardless of whether they're actually doing something or could accept a job if offered.
Are you claiming the idea of welfare is Marxism or the way we run it now is Marxism?
why do you believe our Founding Fathers weren't being positive, when they enumerated the delegated power to provide for the general welfare?
this has nothing to do with Marxism; but merely socialism via our social contract.
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