PELOSI: Unemployment Insurance is a "job creator"

[ELVIS]

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:mad2:

[Jagermeister]

Lmmfao!

[sadaist]

Lmmfao!


Second



I just can't understand why people vote for this old bird. If you ever see her speak, you realize she has no fucking clue about anything, and is completely detached from the average person. She is the type of cocktail party throwing rich bitch who thinks her dainty little farts smell like roses and gets appalled if you use the wrong fork to eat your quiche'.

FUCK YOU! I use the longer fork. I ALWAYS use the longer fork...for everything. It holds a better size bite of food than the shorter fork.

[Nitro Express]

She came from Nob Hill in San Francisco and now we pay for her to fly back to California on Air Force jets every weekend and she spends $18,000 a month on a California office she probably never is in. Let them eat cake Pelosi.

[Nitro Express]

Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves. It makes people system players and lazy. As soon as this becomes the norm the country becomes unproductive, corrupt, and will never be a world power. It becomes a broke welfare state.

[ELVIS]

Amen!

[knuckleboner]

Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves. It makes people system players and lazy. As soon as this becomes the norm the country becomes unproductive, corrupt, and will never be a world power. It becomes a broke welfare state.

no, it's a job creator.

look, what do unemployed people do if you give them a little money? answer, they buy food. and pay rent. which means that landlords have more money and keep employing the maintenance staff. and grocery stores employ more people. and truck drivers, who deliver the food employ more people.

look, since you don't understand the system, i'll try to explain it: unemployment insurance normally lasts for 6 months. that's it. how exactly does that create slaves, dependant on the government? it doesn't. that's the fact.

[Nickdfresh]

Second



I just can't understand why people vote for this old bird...

Because she brings home the bacon, like all known quantity, senior politicians do.

[Nickdfresh]

Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves. It makes people system players and lazy. As soon as this becomes the norm the country becomes unproductive, corrupt, and will never be a world power. It becomes a broke welfare state.

You're retarded if you actually believe this...

[Nickdfresh]

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[LoungeMachine]

ELVIS is a fucking idiot.

:gulp:

Anyone who doesn't get the math of WHY UI is a job creator, should just stick to bedpans

[LoungeMachine]

Amen!

God hates UI?

:lmao:

[Nickdfresh]

Any economist with an I.Q. over 60 will tell you that UI is one of the most effective and direct "economic stimulus" there is and is far more effective than hit or miss bullshit tax subsidies to corporations that drastically underpay on their income taxes anyways...

That's only the beginning...

[Nitro Express]

no, it's a job creator.

look, what do unemployed people do if you give them a little money? answer, they buy food. and pay rent. which means that landlords have more money and keep employing the maintenance staff. and grocery stores employ more people. and truck drivers, who deliver the food employ more people.

look, since you don't understand the system, i'll try to explain it: unemployment insurance normally lasts for 6 months. that's it. how exactly does that create slaves, dependant on the government? it doesn't. that's the fact.

You are looking at it at a micro level. Sure, it dumps some money into the system per person short-term but the same businesses getting that money pay the taxes that allow the unemployment insurance to be available. On the macro level it fixes no problems at all. It's just a redistribution scheme and if it really crated jobs, there would be no need for it in the first place.

[Nitro Express]

Any economist with an I.Q. over 60 will tell you that UI is one of the most effective and direct "economic stimulus" there is and is far more effective than hit or miss bullshit tax subsidies to corporations that drastically underpay on their income taxes anyways...

That's only the beginning...

Any economist worth their salt will tell you that you produce your way out of a depression. Unemployment insurance produces nothing and until the US becomes a producer again instead of running derivative schemes it's going nowhere but down. In the real world people work for what they get. Systems that run on all sorts of clever redistribution of wealth gimmicks eventually run out of gimmicks and crash. History proves this.

[ELVIS]

Name some jobs that have been created out of unemployment insurance...

Name some jobs created by the Obama administration...

And why is the Obama administration extending unemployment benefits ??

[Bob_R]

no, it's a job creator.

look, what do unemployed people do if you give them a little money? answer, they buy food. and pay rent. which means that landlords have more money and keep employing the maintenance staff. and grocery stores employ more people. and truck drivers, who deliver the food employ more people.

look, since you don't understand the system, i'll try to explain it: unemployment insurance normally lasts for 6 months. that's it. how exactly does that create slaves, dependant on the government? it doesn't. that's the fact.

Excellent post and right on.

[ELVIS]

So, there's gonna be more truck drivers if more people collect unemployment ??

[HarrySchwartz]

Like Lounge said: "ELVIS is a fucking idiot"

First off Elvis you fucking twat. Just like if you got a new job or in this case a job period lmao. If the person before you left a mess you would have to clean it up.

George Bush is responsible for the terrible shape that this country is in NOT Obama you stupid racit motherfucker!!!!!!!

[ELVIS]

Oh, so when Obama is out of office soon, his excuse for not doing anything like creating jobs and such, will be that the mess George Bush left was just too big to clean up...

You da RACIT!!!

BITCH!


:biggrin:

[hideyoursheep]

Any economist worth their salt will tell you that you produce your way out of a depression. Unemployment insurance produces nothing and until the US becomes a producer again..

So how do you produce your way out when people like you are "doing business" with China?


Wouldn't that make you part of the problem?

[Catfish]

This bitch is insane

Unemployment insurance creates jobs???? Helps the economy??? UI makes it easy for lazy sons of bitches to avoid getting jobs!

Just like welfare.

Wow, talk about a pair of Democratic Party standbys...

[Catfish]

Second



I just can't understand why people vote for this old bird. If you ever see her speak, you realize she has no fucking clue about anything, and is completely detached from the average person. She is the type of cocktail party throwing rich bitch who thinks her dainty little farts smell like roses and gets appalled if you use the wrong fork to eat your quiche'.

FUCK YOU! I use the longer fork. I ALWAYS use the longer fork...for everything. It holds a better size bite of food than the shorter fork.

You live in California--you know all about old birds who keep getting votes: Fienstein and Boxer.

No wonder Cali is so fucked--these two bitches have been running it for years.

[knuckleboner]

You are looking at it at a micro level. Sure, it dumps some money into the system per person short-term but the same businesses getting that money pay the taxes that allow the unemployment insurance to be available. On the macro level it fixes no problems at all. It's just a redistribution scheme and if it really crated jobs, there would be no need for it in the first place.

not exactly.

take this recessino. there were a number of otherwise healthy businesses that failed due to a lack of credit, beyond their control. they laid off employees. had there been no UI and food stamps, those newly unemployed would have bought less necessities, decreasing overall consumption. dand the producers and distributors of those necessities would have had to lay off their own employees, thereby further lowering overall demand and consumption.

without unemployment safety nets, the bottom equilibrium is much lower than it otherwise would be. in terms of economic stimulus, as lounge said, according to most economists UI and food stamps have the biggest bang for the buck.

[knuckleboner]

So, there's gonna be more truck drivers if more people collect unemployment ??

in short, YES.

look, what happens when you give a recently unemployed construction worker 6 months of assistance? (mind you, it's still not a lot of money, and definitely less than he was making.) answer: he buys food for his kids. where does that food come from? grocery store. where does the store get the food? regional distribution centers. how do they distribute? trucks. driven by truck drivers.

and while the family might not starve to death without the assistance, soup kitchens will not provide them nearly the same level of food they'd be able to purchase with the temporary help.

[Nickdfresh]

Any economist worth their salt will tell you that you produce your way out of a depression.

If you produce and no one can buy anything, WTF good is producing shit? UI boosts consumer spending and keeps our retail economy chugging along for a relative pittance...


Unemployment insurance produces nothing and until the US becomes a producer again instead of running derivative schemes it's going nowhere but down. In the real world people work for what they get. Systems that run on all sorts of clever redistribution of wealth gimmicks eventually run out of gimmicks and crash. History proves this.

Where the fuck do you read your history? Unemployment Insurance is a targeted infusion into the economy that prevents families from falling into destitution and also prevents middle class workers from having to take shitty retail jobs for which they are vastly over-qualified for and allows them to focus on professions where they can have the maximum earning potential for themselves and the economy as a whole. UI also contributes to overall stability and was largely introduced in light of the class warfare that began during the Great Depression in which wealthy people were specifically targeted by the underclasses..

[Nickdfresh]

Name some jobs that have been created out of unemployment insurance...

Retail, food service, nurses, etc...


Name some jobs created by the Obama administration...

Well, he's given you that great opportunity to cash in on the oil-skimming bonanza!


And why is the Obama administration extending unemployment benefits ??

Read the above posts...

[Nickdfresh]

Lawrence Mishel
Posted: June 1, 2010 04:54 PM

The Bad Arguments Against a Much Needed Unemployment Benefits Extension

Senators left Washington Friday for the Memorial Day recess without agreeing to a deal to renew a 99-week extension of unemployment insurance benefits. As a result, starting June 2, jobless Americans across the country will start exhausting their benefits. By the end of the month, more than 1 million people could have this critical economic lifeline severed unless the Senate approves an extension when it returns next week.

This is a tragedy for families that are relying on unemployment benefits to make ends meet while they look for work. And it's a significant step backwards in the effort to build a lasting economic recovery. So it's worth it to take a minute to rebut the specious arguments against an extension that got us, once again, to this point.

We can't afford to extend unemployment insurance. Republicans in the Senate spent most of their time arguing that, with high and rising budget deficits, we can't afford to spend money on extended unemployment benefits. But the truth is that we can't afford not to. That's because government spending on unemployment insurance is one of the most cost-effective ways to help strengthen the nascent economic recovery, and a robust recovery is the first step toward reducing the deficit. Deficit spending that is necessary to extending unemployment insurance does not ratchet up our long-term budget problems, since the added expenditures will disappear as soon as the unemployment rate goes down to a reasonable level. All of which brings us to the second flawed argument against extending benefits . . .

Unemployment benefits don't promote economic recovery. The key to ending the jobs crisis and ensuring a robust recovery lies in creating demand for the goods and services that businesses provide. When demand for goods and services increases, businesses hire more workers to help them meet that demand. This becomes a virtuous cycle, with the newly hired workers creating still more demand, and so on. What we need most, then, are effective ways of creating demand. And unemployment insurance is about as effective as it gets.

There's a commonsense reason for this. Recipients of unemployment insurance are workers who have lost their jobs through no fault of their own. Because benefits only replace a portion of their lost wages, unemployed workers will generally spend most or all of their checks quickly. This creates the most demand for the buck, helping bring about the virtuous cycle we so desperately need. In other words, extending unemployment benefits helps create jobs. When combined with subsidies to help unemployed workers pay for healthcare, I estimate that extended unemployment insurance benefits can help create over 900,000 jobs in a year. But try telling that to people who make this argument:

Unemployment insurance increases unemployment. U.S. Rep. John Linder (R-GA), the top Republican on the House subcommittee that oversees unemployment insurance, made this argument earlier this year during debate on the House floor: "[S]ome respected scholars argue these record unemployment benefit expansions actually are resulting in more unemployment, not less. That seems more than plausible." The idea here is that unemployed workers have a disincentive to look for work, since they are receiving a check.

There are a number of reasons why this is wrong. First, as I mentioned, unemployment insurance replaces only a portion of lost wages, so workers still have a strong incentive to find a new job. Second, the law requires recipients to actively look for work in order to qualify for benefits. Third, I believe that most people want to work - they want the sense of worth that a job provides. I frankly find it offensive when right-wing politicians -- who pay so much lip service to "hard-working Americans" -- make it plain how they really feel when they argue, albeit in a veiled way, that unemployment insurance essentially turns people into couch potatoes.

Most importantly, however, the problem with this argument is that it ignores the real reason that so many Americans are out of work: There just aren't enough jobs. There are 5.6 workers for every job opening in this country. The problem is not a lack of willingness to work on the part of Americans; it's a lack of available work, period. The failure to recognize this betrays a profound inability to imagine what it is like to be unemployed in an economy with roughly 10% unemployment.

It is true that benefits may, in some cases, prolong a worker's active job search - but this can be a desirable outcome. If a laid off engineer passes up a job waiting tables and then, two months later, finds work in his own field, then he'll be unemployed longer. But who in their right mind would say this is a bad thing? (And in any event, the job creation impact of extending UI -- which I described earlier -- far outweighs any effect of these longer job searches on overall unemployment).

Unfortunately, Republicans -- and some Democrats -- won the day on Friday with these wrongheaded arguments, ensuring that an extension of unemployment insurance will have to wait until at least next week, and maybe much longer. That's bad news for the millions of Americans who can't find jobs and will exhaust their benefits this year if Congress doesn't act. And it's bad news for all of us, since a failure to act threatens our still-fragile economic recovery.

http://www.huffingtonpost.com/lawrence-mishel/the-bad-arguments-against_b_596678.html


Follow Lawrence Mishel on Twitter: www.twitter.com/EPInstitute

[ELVIS]

Retail, food service, nurses, etc...

That's such a bullshit vague answer...

Keeping services afloat is hardly creating jobs...

Well, he's given you that great opportunity to cash in on the oil-skimming bonanza!

That's about all he's done...




:elvis:

[Nickdfresh]

Try reading the article I just posted, I think even you might understand some of it...

[ELVIS]

900,000 jobs in one year from unemployment!!!

LMAO!

Hey, remember Obama from the beginning of the year saying his administration will create 95,000 jobs every month ??

What happened to that pipe dream ??

[bueno bob]

It's amazing how many Republicans and conservatives who rail against Unemployment Insurance suddenly change their minds about it when their ticket comes up.

Fucking hypocrites, the lot of them.

The second any conservative dumbfuck who talks shit about UI "NOT" being a job creator/low level stimulus suddenly ends up needing it to survive and opts NOT to take it and goes out to collect pop cans for their refund every day while looking for work because they KNOW BETTER than to take it is the second I'll give any single one of them a whit of credibility.

Until then, you all talk out of your asses and frankly I hope it tastes like the shit it is.

[hideyoursheep]

Testify, BBob!

As much as I hate to see my fellow man suffer, watching the Bush supporters "sponge" off the very system they despise is quite the site to behold around these parts.:pinocchio:

[BigBadBrian]

no, it's a job creator.



Bullshit!!!

These people relying on gubment handouts would find a way to eat anyway,,,,like taking a menial job they feel they are overqualified for.

Nitro Express was right on target when he said: "Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves."

[BigBadBrian]

The Democratic Party has a long history of keeping the unfortunate "in their place." Just ask the black man.

[ELVIS]

I don't think it's slavery and i'm not against it, but extending it out to two years does what, prolong the inevitable ??

People who want to work need and want JOBS, not government assistance...what's the end result ??

Is Obama The Magnificent gonna pull jobs for everyone out of a hat ??


:elvis:

[knuckleboner]

Bullshit!!!

These people relying on gubment handouts would find a way to eat anyway,,,,like taking a menial job they feel they are overqualified for.

Nitro Express was right on target when he said: "Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves."

not really. we lost 8 million jobs in under 2 months. were there 8 million menial jobs waiting to be filled? does detroit have a near endless stream of jobs?

you can argue the longterm debt impacts if you want. but the shortterm bbenefits are pretty well established.

[ELVIS]

But then the short term becomes long term, then what ??

[Nickdfresh]

Bullshit!!!

These people relying on gubment handouts would find a way to eat anyway,,,,like taking a menial job they feel they are overqualified for.

Nitro Express was right on target when he said: "Unemployment insurance is a form of slavery. Let's call it welfare. It makes people dependant on government handouts instead of rolling up their sleeves and taking care of themselves."

You mean like gov't pensions?

[Nickdfresh]

The Democratic Party has a long history of keeping the unfortunate "in their place." Just ask the black man.

And then they became southern Republicans in the 1970s...

[knuckleboner]

But then the short term becomes long term, then what ??

excellent point. and in normal times, i'd agree with you. but during a rather historic recession, i think we need a little leeway, at least until the recovery's a bit more secure.

[ELVIS]

I'm starting to think there won't be any recovery...

At least nothing robust like we all want and need...

[kwame k]

When you read things like 7.9 million jobs are gone for good........vanished, and will never come back, you got to wonder if we'll ever be able to get back to a low unemployment rate, again.

Manufacturing and farming continues to decline or is controlled by big corporations to the point where the independent small business owners are a thing of the past. Factor in that wages have been stagnant for decades now, I can't see the economy ever coming back to the point where it will support a middle class ever again. The gulf between the haves and have not's will continue to increase and if the current trend of Big Corps controlling everything continues, I really can't see how Americans will ever make a living wage again.

All the bullshit about how we are going from a manufacturing economy to a consumer economy is utter insanity..........you can't consume cheap shit from China if you don't have a fucking job!

God Bless America :umm:

[Nickdfresh]

Wages have been stagnant for more like THREE DECADES now. But there are still dumb dickwads teetering on the brink of being in the middle classes here fundamentally arguing for corporatist bullshit that is against their own interests. Although, we could argue that UI helps a corporatist agenda...

[knuckleboner]

Manufacturing and farming continues to decline or is controlled by big corporations to the point where the independent small business owners are a thing of the past.

actually, one of the few bright spots is that manufacturing is growing, best in like a decade. lower dollar helps exports.