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The discussion was about the immediate benefit of unemployment dollars on the economy - and thus why it's so necessary to extend benefits for the unemployed when joblessness is so high and the recession is so slow. Of course I think a stronger economy is better generator of government revenues that raising tax rates. Duh. We have to get to the stronger economy. Cutting off unemployment checks to millions is the opposite of that. |
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My "theory" (which is not my theory, but the common knowledge of economists) is not saying anything at all about jobs saved, government subsidized, etc. If you can't understand what the conversation is about, probably best not for you to jump in and start talking about something else entirely, as you usually do. |
[quote=Cannon Shell;729944]There is no use trying to talk sense to you and Riot because you just wont admit you dont know what you are talking about regardless of how much evidence there is to the contrary of your point[/QUOTE
Your insults are no substitute for trying to debate with facts, although you apparently think so, but it does seem the only thing you can routinely come up with. Try harder. Throw some of those "facts" out yourself (btw, "fact" isn't just something you think is true) |
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Unemployment checks help positively drive the economy. Applicable excerpts:
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http://fms.treas.gov/faq/moretopics_gifts.html There won't be any reason to raise anyone's taxes. The rich liberals will take care of everyone! LET'S PRETEND! |
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People who get unemployment spend the money immediately, infusing it all right back into the economy. These are people that have no discretionary spending options. Do you realize that "the government" doesn't pay the overwhelming majority of unemployment funds, right? Quote:
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The more people dependent on the Govt. for their "good fortune" in life, or their mere survival, the better it is for the Govt. who needs their votes for their own continued "good fortune" and survival.
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The Govt. takes $100 of my money( and 5 other people who worked hard to earn it). Magically turns it into $600. They turn it into 2 piles of $300. They now keep 1 pile, because they worked hard for it, and give the other pile to someone else. Might be a Union. Might be someone unemployed. Might be someone faking it for SSI. Whatever. The original $600 would do more for the economy than whatever is left when your Govt. is done re-releasing it. |
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There are two types of unemployment. The first is paid by employers paying into a pool within your state. That is the vast majority. The federal government only steps in to support the states for extended benefits after the state's two types of benefits are exhausted. States have the option to have the feds pay shared or all of the most extended benefits. For the states that are letting the fed pay it all, those folks are getting cut off earlier than other people in other states whose states share the burden. The recession is so severe, the feds have millions of people on extended benefits. These people have exhausted their savings, their houses don't sell readily now - the only thing keeping many of them from literally homelessness and starvation is $300 a week. Quote:
We're broke. We don't buy new weapons systems now. We do help keep our fellow Americans from starving. If we follow the "can't spend money when we're broke" logic, the next natural disaster (another Katrina, an earthquake in LA, massive flooding), the feds should NOT help, simply because it costs money. Yes, I am employed, no I have never drawn unemployment. I've paid unemployment insurance for multiple employees for many years as a business owner. I know a couple people who have been on unemployment in the past three years. And they are NOT lazy drug addicts living off the government. They were highly qualified, hard-working people who were laid off their jobs. Quote:
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Go ahead and explain how a discussion of dollars and the effect of spending on the economy during a recession is "class warfare" Heck, add in how unemployment insurance is "class warfare" (it obviously is not, because it's not income-limited) Explain it to us. Let me get some popcorn :) Wait, I have a better idea: why are YOU engaging in class warfare here? Justify yourself, sir! |
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