Quote:
Originally Posted by Cannon Shell
What she doesnt seem to understand is that the $100 collected from you doesn't equal $100 in benefits. It is estimated that it needs to collect $115 in order to payout that same $100. That is a net loss to the economy. I understand the moral argument for extending benefits. The economic angle is just a smokescreen.
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You don't seem to understand that even using your figures unemployment is a huge positive. If $115 is needed to pay out $100 in unemployment, then that $100 goes into the economy and produces from $130 to $160 of enconomic growth (every single economist in the world says this is true, the only difference between them is the amount varies, but it has NEVER been below 1.30 per dollar spent) - it's obviously a gain. It grows the economy. It keeps jobs from going away.