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04-06-2014, 10:06 PM
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#16
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
From Media Matters. Of course. Here's a shock for you, CBJ7. Many economists think jobs have a greater impact on the economy than unemployment payments. And many economists think Pelosi is an unadulterated idiot.
I didn't think anyone bought that line of Pelosi bullshit. One of the stupidest comments she's made, and there are thousands from which to choose.
Please seek help, CBJ7! Your Obamamania has gone full circle, and you are sinking into the pit of Pelosism. GET HELP NOW!

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its from Fox News, read the article ... not that you'll be in a position to understand it, but try anyway.
Jobs created by unemployment insurance benefits
We estimate it will cost roughly $2.1 billion per month to continue the current extensions, or $25.2 billion total in 2014. 2 However, while it would cost roughly $25.2 billion to continue the extensions, the economic boost would be much greater because this spending would have a large “multiplier” effect. Long-term unemployed workers, who are almost by definition cash-strapped, are likely to immediately spend their unemployment benefits. Unemployment benefits spent on rent, groceries, and other necessities increase economic activity, and that increased economic activity saves and creates jobs throughout the economy. For this reason, economists widely recognize government spending on unemployment insurance benefits as one of the most effective tools for increasing economic activity in a period of persistent high unemployment
economists being the key word leaves you out of the loop
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04-06-2014, 10:11 PM
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#17
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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So Fox makes it right? Are you SERIOUS?!?
Listen, it remains one of the all time stupid comments. And of course, since it supports Obama, you will gladly look like an idiot to support him, and his minions. Just like a "true independent."
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04-06-2014, 10:19 PM
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#18
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
So Fox makes it right? Are you SERIOUS?!?
Listen, it remains one of the all time stupid comments. And of course, since it supports Obama, you will gladly look like an idiot to support him, and his minions. Just like a "true independent."

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nah, the Economic Policy Institute
fuck Obama, I'm not saying this to support Obama, but to prove you et al are IDIOTS
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04-06-2014, 10:23 PM
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#19
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Quote:
Originally Posted by CJ7
nah, the Economic Policy Institute
fuck Obama, I'm not saying this to support Obama, but to prove you et al are IDIOTS
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Yeah. Sure. Why is it that EVERY time you say something like this, it supports Obama? I know why. You are an Obamaton and a Pelosibot. In other words, "independent".
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04-06-2014, 10:25 PM
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#20
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 62,662
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Minions... You're a JDIdiobot and an IBHankerton! Talk about sheep!
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04-06-2014, 10:29 PM
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#21
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
Yeah. Sure. Why is it that EVERY time you say something like this, it supports Obama? I know why. You are an Obamaton and a Pelosibot. In other words, "independent".

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I don't, youre just stuck on obamatron dumbass
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04-06-2014, 11:07 PM
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#22
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Lifetime Premium Access
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 19,452
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Quote:
Originally Posted by CJ7
But economists agree that the economic benefits of unemployment benefits outweigh the cost. In what's known as the multiplier-effect -- which Freeman dismissed -- recipients of unemployment benefits reliably spend that money. In fact, Moody's chief economist Mark Zandi estimated that each dollar spent on unemployment benefits generates about $1.55 in economic activity. To put it another way, spending $25 billion on unemployment benefits would increase consumer spending and raise by $37.8 billion, according to the Economic Policy Institute (EPI).
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Jobless benefits are supposed to act as a temporary "automatic stabilizer" during recessions, dumbass. They were never intended to be a stimulus tool in Year 5 of an economic recovery. Extending benefits up to 96 weeks turns insurance into welfare...
Economists are all over the map with their estimates of the so-called multiplier effects, and all such estimates assume the recipients stay unemployed. If they go back to work, it obviously delivers more economic stimulus than if they keep collecting jobless benefits.
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04-08-2014, 09:19 AM
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#23
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Valued Poster
Join Date: Mar 28, 2012
Location: Tel Aviv
Posts: 6,287
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Quote:
Originally Posted by CJ7
But economists agree that the economic benefits of unemployment benefits outweigh the cost. In what's known as the multiplier-effect -- which Freeman dismissed -- recipients of unemployment benefits reliably spend that money. In fact, Moody's chief economist Mark Zandi estimated that each dollar spent on unemployment benefits generates about $1.55 in economic activity. To put it another way, spending $25 billion on unemployment benefits would increase consumer spending and raise by $37.8 billion, according to the Economic Policy Institute (EPI).
http://mediamatters.org/blog/2014/01...spute-e/197507
may I remind you you're IDIOTS ?
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By that logic, why does any dumb motherfucker on the planet even bother to work? All the government has to do is distribute money and magic shit happens and we create things out of thin air.
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04-08-2014, 09:59 AM
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#24
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by Jewish Lawyer
By that logic, why does any dumb motherfucker on the planet even bother to work? All the government has to do is distribute money and magic shit happens and we create things out of thin air.
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like the yachts people buy with unemployment checks you dumb motherfuckers create ?,,, shithooks like you are the thin air crowd not me
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04-08-2014, 10:15 AM
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#25
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by CJ7
like the yachts people buy with unemployment checks you dumb motherfuckers create ?,,, shithooks like you are the thin air crowd not me
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No matter how much you deny it, CBJ7, the facts are the facts.
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04-08-2014, 12:58 PM
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#26
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Valued Poster
Join Date: Mar 28, 2012
Location: Tel Aviv
Posts: 6,287
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Quote:
Originally Posted by CJ7
like the yachts people buy with unemployment checks you dumb motherfuckers create ?,,, shithooks like you are the thin air crowd not me
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Those people got caught and went to jail, eventually - stupid commie fag lover!
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04-08-2014, 01:01 PM
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#27
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by Jewish Lawyer
Those people got caught and went to jail, eventually - stupid commie fag lover!
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what people Love Field Fag ?
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04-08-2014, 02:09 PM
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#28
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Valued Poster
Join Date: Dec 19, 2009
Location: Buffalo NY
Posts: 7,271
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Quote:
Originally Posted by CuteOldGuy
So Fox makes it right? Are you SERIOUS?!
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And just one post after you seemed to wanna claim that its coming from Media Matters proved it unreliable.
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04-08-2014, 10:04 PM
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#29
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Are you saying Fox News is reliable, Doofe? Seriously?
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04-08-2014, 10:37 PM
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#30
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
Are you saying Fox News is reliable, Doofe? Seriously?

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post # 18 ... try and comprehend
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