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  #1  
Old 12-04-2010, 12:58 PM
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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.
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.
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Old 12-05-2010, 07:32 AM
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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.
Sooooo.... the more people on unemployment the better? Nice economics lesson! Are you sure you don't work as an adviser to the Administration? NEWSFLASH.. Unemployment (by definition) exists because the jobs have already gone away. People without jobs tend to spend less money than people with jobs. You stated elsewhere on this thread that saving is bad. If people save they have something to fall back on when times get tough. Why don't you hire some people and help jumpstart the economy? Oh, that's right unemployment grows the economy
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Old 12-05-2010, 08:43 AM
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Sooooo.... the more people on unemployment the better? Nice economics lesson! Are you sure you don't work as an adviser to the Administration? NEWSFLASH.. Unemployment (by definition) exists because the jobs have already gone away. People without jobs tend to spend less money than people with jobs. You stated elsewhere on this thread that saving is bad. If people save they have something to fall back on when times get tough. Why don't you hire some people and help jumpstart the economy? Oh, that's right unemployment grows the economy

it's funny, you do search asking if unemployment grows the economy, and the first result is nancy pelosi saying just that. so, riot is saying it's from economists, when in fact she's just repeating what pelosi said. all these links purporting to show the truth in fact are just to support the dems case, and riots/pelosis' agenda. an agenda which is probably beyond most of our ken, as riot so succinctly put it a few pages ago. in a way, she's right. i can't quite wrap my head around people being on the dole as being a good thing that grows the economy. it might keep the economy where it's at previous to unemployment being cut for people who've met their 99 weeks, but how will it grow it?? but if pelosi and riot say it's so, it must be. makes you wonder why, with so many on unemployment for 2+years, we aren't seeing the corresponding growth.



http://hotair.com/archives/2010/07/0...-economy-evah/
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Old 12-05-2010, 08:59 AM
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it's funny, you do search asking if unemployment grows the economy, and the first result is nancy pelosi saying just that. so, riot is saying it's from economists, when in fact she's just repeating what pelosi said. all these links purporting to show the truth in fact are just to support the dems case, and riots/pelosis' agenda. an agenda which is probably beyond most of our ken, as riot so succinctly put it a few pages ago. in a way, she's right. i can't quite wrap my head around people being on the dole as being a good thing that grows the economy. it might keep the economy where it's at previous to unemployment being cut for people who've met their 99 weeks, but how will it grow it?? but if pelosi and riot say it's so, it must be. makes you wonder why, with so many on unemployment for 2+years, we aren't seeing the corresponding growth.



http://hotair.com/archives/2010/07/0...-economy-evah/
Funny it's almost the same with Global Warming and Gore/Government funded scientists. Only they slipped up bad.
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Old 12-05-2010, 04:53 PM
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Funny it's almost the same with Global Warming and Gore/Government funded scientists. Only they slipped up bad.
Tell what happened with the government-funded scientists? The leaked climate change e-mails? All the science was found sound after investigation by 4 or 5 different multi-national panels, wasn't it?
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Old 12-05-2010, 08:28 PM
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Funny it's almost the same with Global Warming and Gore/Government funded scientists. Only they slipped up bad.
DOH!!!!! Again DOH!!!!!


http://www.guardian.co.uk/environmen...climate-accord
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Old 12-05-2010, 08:43 PM
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DOH !! Back atcha. Two different things. Climategate is not the Copenhagen Accord. Yes, the "Climategate" science was found completely sound by multiple independent examinations.
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Old 12-05-2010, 08:46 PM
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DOH !! Back atcha. Two different things. Climategate is not the Copenhagen Accord. Yes, the "Climategate" science was found completely sound by multiple independent examinations.
Yea nothing in common
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Old 12-05-2010, 09:02 AM
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it's funny, you do search asking if unemployment grows the economy, and the first result is nancy pelosi saying just that. so, riot is saying it's from economists, when in fact she's just repeating what pelosi said. all these links purporting to show the truth in fact are just to support the dems case, and riots/pelosis' agenda. an agenda which is probably beyond most of our ken, as riot so succinctly put it a few pages ago. in a way, she's right. i can't quite wrap my head around people being on the dole as being a good thing that grows the economy. it might keep the economy where it's at previous to unemployment being cut for people who've met their 99 weeks, but how will it grow it?? but if pelosi and riot say it's so, it must be. makes you wonder why, with so many on unemployment for 2+years, we aren't seeing the corresponding growth.



http://hotair.com/archives/2010/07/0...-economy-evah/
Huff Poo Poo is most likely on board with this insanity too. Actually cutting off unemployment bennies would make the unemployment figures go down because when you are off unemployment you are no longer counted. The real amount of unemployed is higher than the Govt. figures suggest. More of the same fuzzy math that Congress (both parties) use to promote whatever they are trying to promote ( which always boils back down to their true agenda, which is to stay in power and on the Govt. dole).
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Old 12-05-2010, 09:20 AM
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Huff Poo Poo is most likely on board with this insanity too. Actually cutting off unemployment bennies would make the unemployment figures go down because when you are off unemployment you are no longer counted. The real amount of unemployed is higher than the Govt. figures suggest. More of the same fuzzy math that Congress (both parties) use to promote whatever they are trying to promote ( which always boils back down to their true agenda, which is to stay in power and on the Govt. dole).
If you factor in underemployed you are talking Double what is reported or higher.
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Old 12-05-2010, 09:27 AM
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Wonder what it does to the figures if you are working 3 jobs to make ends meet? Would that make you "overemployed"?
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Old 12-05-2010, 09:33 AM
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Wonder what it does to the figures if you are working 3 jobs to make ends meet? Would that make you "overemployed"?
Dems would probably count you as 3 Republicans as 0.
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Old 12-05-2010, 09:55 AM
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Huff Poo Poo is most likely on board with this insanity too. Actually cutting off unemployment bennies would make the unemployment figures go down because when you are off unemployment you are no longer counted. The real amount of unemployed is higher than the Govt. figures suggest. More of the same fuzzy math that Congress (both parties) use to promote whatever they are trying to promote ( which always boils back down to their true agenda, which is to stay in power and on the Govt. dole).
i just don't see how someone getting a whole 275 a week can help the economy, or help create jobs. it's not even enough to pay rent, let alone create a job. it's not like those on UE are out shopping all day, buying big ticket items. people on UE once had a job that paid more than what they're on now-but what they're on now, unlike their job, is good for the economy?? what logic is involved there??
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Old 12-05-2010, 10:23 AM
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Same goes for people with Govt. jobs. They are paying their taxes with tax dollars. People with private sector jobs are paying their taxes with non-tax dollars. Simple logic would tell you that private sector jobs would be better for the economy in general, and the Govt. in particular. Yes I realize that Unemployment bennies are taxed as income. In New York anyway.
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Old 12-05-2010, 12:30 PM
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the avg salary here in arkansas is several thou per year lower than the avg govt salary here. it's the same all over, with the govt paying far more for the same position than private business. why? govt pay should match the avg for that position.
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Old 12-05-2010, 04:58 PM
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i just don't see how someone getting a whole 275 a week can help the economy, or help create jobs. it's not even enough to pay rent, let alone create a job. it's not like those on UE are out shopping all day, buying big ticket items. people on UE once had a job that paid more than what they're on now-but what they're on now, unlike their job, is good for the economy?? what logic is involved there??
No, they are not buying TV's. They are buying groceries, gas, heat, pay mortgage. That keeps all those providers employed.

Take away those unemployment checks, and you have lost all that spending. You have people living in the street, and nobody buying groceries, and thus those jobs providing groceries are threatened and lost.

Is this really that hard to understand? This isn't politics It's high school Economics 101.
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Old 12-05-2010, 05:24 PM
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No, they are not buying TV's. They are buying groceries, gas, heat, pay mortgage. That keeps all those providers employed.

Take away those unemployment checks, and you have lost all that spending. You have people living in the street, and nobody buying groceries, and thus those jobs providing groceries are threatened and lost.

Is this really that hard to understand? This isn't politics It's high school Economics 101.
Grocery stores are not laying people off, the other 85% of Americans will continue to eat. The energy companies and public utilities are not hurting and/or already govt subsidized. Property owners are generally sending a large portion of rent collected to banks. None of those entities produce goods or services that wouldn't continue to be produced regardless.

As I said before, all spending isn't necessarily very economical stimulating. Endorsing an extention because it is the right thing to do in a moral sense is defendable. Saying that we should extend them because it is good for the economy is not.
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Old 12-05-2010, 06:01 PM
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No, they are not buying TV's. They are buying groceries, gas, heat, pay mortgage. That keeps all those providers employed.

Take away those unemployment checks, and you have lost all that spending. You have people living in the street, and nobody buying groceries, and thus those jobs providing groceries are threatened and lost.

Is this really that hard to understand? This isn't politics It's high school Economics 101.
that's funny, i don't recall saying anything about taking unemployment away. i just find it laughable that anyone suggests the economy will turn around due to that measly amount being paid out. and in the short term, it helps to pay out benefits. but i sure wish they'd do more to tackle what is turning out to be a long term issue. the govt cannot create jobs, but it sure as hell would help if they would encourage job creation in the private sector..and yes, govt is supposed to spend during a recession. the part our govt continues to ignore is where they're supposed to save during the good times, so as to weather us through the bad times. but i'm sure the spendspendspend mentality is all due to the republicans.
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Old 12-05-2010, 04:51 PM
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it's funny, you do search asking if unemployment grows the economy, and the first result is nancy pelosi saying just that. so, riot is saying it's from economists, when in fact she's just repeating what pelosi said.
What nonsense. Instead of quoting a political opinion blog, why don't you read something like Wikipedia explaining unemployment during the Great Depression and since?

Pelosi is repeating what the economists say, too. If you would like to dismiss economic realities as untrue, support your contention and post something from Bloomberg or WSJ or any other economic think tank that shows paying unemployment during high unemployment times doesn't help keep the economy going. We'll wait ....

Quote:
all these links purporting to show the truth in fact are just to support the dems case, and riots/pelosis' agenda.
The facts from the economists are that unemployment insurance helps keep the economy going in a recession. You have one that differs? The Dems embrace that. In fact, the GOP embraces that, too, and always have (heck Bush even sent out stimulus checks) - because it's just a simple economic fact. You've not seen the GOP deny it's true.

The GOP hasn't voted for unemployment benefit extension as they are holding out for their tax cuts for the rich.
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Last edited by Riot : 12-05-2010 at 05:06 PM.
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Old 12-05-2010, 04:45 PM
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Sooooo.... the more people on unemployment the better? Nice economics lesson! Are you sure you don't work as an adviser to the Administration?
Nope, obviously not the more is better. But when unemployment is excessive and outrageously high, we'd better keep paying them unemployment.

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NEWSFLASH.. Unemployment (by definition) exists because the jobs have already gone away. People without jobs tend to spend less money than people with jobs.
Yes, that's why paying unemployment works so well in the economy - all of it goes out immediately into basic needs like groceries, gasoline, rent, utilities.

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You stated elsewhere on this thread that saving is bad. If people save they have something to fall back on when times get tough. Why don't you hire some people and help jumpstart the economy? Oh, that's right unemployment grows the economy
I said saving is bad during a recession. When the recession started, our savings rate as a nation jumped, but that's bad for the recession as that takes more money out of the economy. The point is to "stimulate spending" during recession, to help the recession end and keep the economy moving.
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