If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Townhall)   Obama persists in his propaganda. Just this week, he made the bizarre assertion that extending unemployment benefits "actually helps the economy, actually creates new jobs"   (townhall.com) divider line 383
    More: Obvious, Obama, unemployment benefits, economic liberalism, propaganda, scientific methods  
•       •       •

888 clicks; posted to Politics » on 10 Jan 2014 at 12:56 PM (31 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



383 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

First | « | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | » | Last | Show all
 
2014-01-10 11:06:20 AM
The farking nerve of that guy.
 
2014-01-10 11:11:54 AM
Cites Cato and Heritage. Well not so much cites as mentions. The rest is the usual Obama is a big meanie crap.
 
2014-01-10 11:20:37 AM
Rush Limbaugh's brother?  Really, subby?
 
2014-01-10 11:24:35 AM
Just what does lesser Limbaugh think people do with their unemployment benefits?
 
2014-01-10 11:26:33 AM
Stupid Obama, trusting virtually every reputable economist and the CBO.
 
2014-01-10 11:28:15 AM
Unemployed people just spend that money.  We need to give that money to someone like a Wall Street banker who will invest it instead in things like a new Chinese factory or a sweat shop in India.
 
2014-01-10 11:32:19 AM
Oh ho ho its magic. You know. Never believe its not so.
 
vpb [TotalFark]
2014-01-10 11:38:42 AM
Isn't that just basic economics?  I think it's called "priming the pump".
 
2014-01-10 11:41:08 AM
FIRST, you give the money to the rich people. THEN, the rich people will take that money and hire poor people to do jobs. THEN, the poor people will have the money.

This is Conservative Economics 101 here, people.
 
2014-01-10 11:44:49 AM

vpb: Isn't that just basic economics?  I think it's called "priming the pump".


You know that, and I know that, but the GOP doesn't know that.
 
2014-01-10 12:05:45 PM

vpb: Isn't that just basic economics?  I think it's called "priming the pump".


The Limbaugh brothers are known for having their pump primed.   David.   Rush.  Coincidence?   Probably, but it makes you think...
 
2014-01-10 12:22:58 PM

cameroncrazy1984: vpb: Isn't that just basic economics?  I think it's called "priming the pump".

You know that, and I know that, but the GOP doesn't know that.


They know that, but like anything that doesn't fit their narrative, they ignore it or deny it.
 
2014-01-10 12:44:10 PM
Does he seriously expect us to believe that in a consumption based economy, more people having money to consume helps boost the economy and create jobs.

Jobs only rain down upon us by giving tax breaks to rich people.
 
2014-01-10 12:45:10 PM
What do unemployment benefits do?

They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy.

But, hey, by all means: let the utilities take losses. Let small businesses go down. Let local banks lose mortgage payments and have to repossess cars, because that doesn't cost anyone anything, right?

For the folks at the top, those payments are a drop in the bucket, but in the local sense, when folks stop paying on all those things, it sends ripples out. Which, oddly enough, causes a lot more folks to be affected, distro nets to be disrupted, banks to see dips, and on top of it, you get spikes in crime, you get spikes in disturbances, and you get folks antsy. The private sector ISN'T creating the jobs, and companies are sitting on record breaking cash reserves, so that's not the problem.

You want to see us kick start things: give assistance and relief to the small businesses to expand, to new players to enter, to start off at the local level, and that has to be done with the full realization that wealth ALWAYS flows upstream. And in order for an economy to work well, there has to be some turn around time at the local level BEFORE that cash heads out of the local economy, and to the largest players and banks. The problem we have right now, is that we are sending cash out of the local economy, and not letting it circulate a bit before heading out. And it's crushing the middle class, and that in turn is hurting a lot of manufacturing and businesses that rely on that middle class.

America cannot survive on Walmart and McDonald's alone...
 
2014-01-10 12:46:39 PM
Yeah, let's collapse the banks because socialism comma furthermore
 
2014-01-10 12:55:44 PM
Only one thing creates jobs - lowering taxes.  FACT.
 
2014-01-10 12:58:53 PM

Rev. Skarekroe: Only one thing creates jobs - lowering taxes. FACT.


RINO!

Banning birth control also creates jobs
 
2014-01-10 01:00:07 PM

Rev. Skarekroe: Only one thing creates jobs - lowering taxes.  FACT.


Hey, hey, let's not forget dumping toxic waste.
 
2014-01-10 01:03:24 PM
$1 in aid returning $1.6 in tax revenue and being used in the areas where capital is most needed. What a terrible idea.
 
2014-01-10 01:03:40 PM
Just this week, he made the bizarre assertion that extending unemployment benefits "actually helps the economy, actually creates new jobs."

Oy, my head.  There are debates to its limits and impacts, but its generally accepted that you need to keep some type of floor on consumer spending.
 
2014-01-10 01:04:34 PM

ikanreed: Rev. Skarekroe: Only one thing creates jobs - lowering taxes.  FACT.

Hey, hey, let's not forget dumping toxic waste.


Or repealing Obamacare.
 
2014-01-10 01:05:42 PM

Marcus Aurelius: Unemployed people just spend that money.  We need to give that money to someone like a Wall Street banker who will invest it instead in things like a new Chinese factory or a sweat shop in India.


Yeah, as soon as they get it unemployed people will just irresponsibly spend it all on things that other people produce. We should instead give money to responsible people who will put that money in a bank account.
 
2014-01-10 01:06:03 PM

ikanreed: Rev. Skarekroe: Only one thing creates jobs - lowering taxes.  FACT.

Hey, hey, let's not forget dumping toxic waste.


And hating gays.
 
2014-01-10 01:06:11 PM

BunkoSquad: Rev. Skarekroe: Only one thing creates jobs - lowering taxes. FACT.

RINO!

Banning birth control also creates jobs


Well abortion clinic staff, maternity nurses, OBGYNs, and pediatricians all need work too.
 
2014-01-10 01:06:16 PM
Bettet cut taxes
 
2014-01-10 01:06:36 PM
Where does the unemployment money come from?

What would that money have done in the economy if not distributed via unemployment benefits?

Nobody doubts that giving people money helps them and creates more spending. But that's a gross benefit, not necessarily a net benefit.
 
2014-01-10 01:06:40 PM

Rapmaster2000: Just this week, he made the bizarre assertion that extending unemployment benefits "actually helps the economy, actually creates new jobs."

Oy, my head.  There are debates to its limits and impacts, but its generally accepted that you need to keep some type of floor on consumer spending.


See, the conservatives really believe it's impossible that their system predicated firmly on assuming a lot of bullshiat about economies cannot be wrong.  And thus any position backed by anything approaching reasonable modern economics is "bizarre".  Like, we're dealing with people who think that we've backslid since 1870 in terms of understanding.
 
2014-01-10 01:07:10 PM
What kind of crazy talk is that, trusting the established cause-effect relationship?
 
2014-01-10 01:07:15 PM
The economy collapses, businesses respond by shedding staff, and people become unemployed.  Economy recovers, businesses do not rehire, and people remain unemployed.

I think it's obvious that we should blame the unemployed.
 
2014-01-10 01:07:51 PM

ScaryBottles: ikanreed: Rev. Skarekroe: Only one thing creates jobs - lowering taxes.  FACT.

Hey, hey, let's not forget dumping toxic waste.

And hating gays.


I haven't actually heard that one earnestly expressed before.
 
2014-01-10 01:08:19 PM
fta estimates from Mark Zandi of Moody's Analytics that "every dollar spent on extending unemployment insurance benefits produces $1.61 in economic activity."

I thought it was more than that. Regardless, quibbling over how much unemployment benefits help the economy misses the point. The benefits help provide food, clothing, and shelter for the workers who earned them.
 
2014-01-10 01:08:55 PM

BunkoSquad: Rev. Skarekroe: Only one thing creates jobs - lowering taxes. FACT.

RINO!

Banning birth control also creates jobs


Excuse me? What about all those jobs for the creators of 10 Commandments monuments for our courts?
 
2014-01-10 01:09:39 PM
My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl that is totally spunging off unemployment.  Therefore big government hand outs are bad.*

* Four billion a year to big oil companies is just smart government
 
2014-01-10 01:10:00 PM

ikanreed: Rapmaster2000: Just this week, he made the bizarre assertion that extending unemployment benefits "actually helps the economy, actually creates new jobs."

Oy, my head.  There are debates to its limits and impacts, but its generally accepted that you need to keep some type of floor on consumer spending.

See, the conservatives really believe it's impossible that their system predicated firmly on assuming a lot of bullshiat about economies cannot be wrong.  And thus any position backed by anything approaching reasonable modern economics is "bizarre".  Like, we're dealing with people who think that we've backslid since 1870 in terms of understanding.


What I'm seeing in that article is a moral argument against unemployment because it creates shiftless people taking their government money checks to buy steak and lobsters and Obamaphones.

Obama's statement is strictly an academic one.  Maybe unemployment makes the blacks listen to the rap music that makes the babies out of wedlock, but that's not what's being discussed here.

Dude needs to turn off the moral aggrandizing for a few minutes.
 
2014-01-10 01:10:07 PM

hubiestubert: What do unemployment benefits do?

They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy.


Lies!  I have been assured by good folks such as Ted Cruz and Donald Trump that the poor and unemployed spend all their "benefits" on cocaine and boxed wine!
 
2014-01-10 01:10:46 PM
freakoutnation.com
 
2014-01-10 01:11:03 PM
Does anyone remember that tax break for employers who actually, you know, HIRED people? I do. SOUNDED like a great idea, and I was excited by it, but the rules were so limiting and nonsensical that it was virtually impossible to actually qualify. I ended up hiring three employees during the time frame, but not a one qualified me for the tax break. I assume some people did, though.

Can't find any CBO stats on how that worked out, and it's like it never happened. Any informed Farkers able to shed any light? Or remember enough to assist in the Googling?
 
2014-01-10 01:11:29 PM

wxboy: hubiestubert: What do unemployment benefits do?

They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy.

Lies!  I have been assured by good folks such as Ted Cruz and Donald Trump that the poor and unemployed spend all their "benefits" on cocaine and boxed wine!


That's hard working boxed wine creators to you, pal.
 
m00
2014-01-10 01:12:04 PM
Of course it increases jobs. People on unemployment insurance spend money.
 
2014-01-10 01:13:16 PM
But if they aren't destitute, how do I get the poor to degrade themselves for pocket change?
 
2014-01-10 01:13:54 PM

hubiestubert: They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy


Exactly. But that is not the same thing as casting it as a tool for economic recovery as many people here seem to think it is. It is effective and VITAL in softening the downward trend of a recession - of minimizing how far down we go. But it's a lousy tool for helping on the UPswing.
 
2014-01-10 01:15:10 PM

Rapmaster2000: wxboy: hubiestubert: What do unemployment benefits do?

They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy.

Lies!  I have been assured by good folks such as Ted Cruz and Donald Trump that the poor and unemployed spend all their "benefits" on cocaine and boxed wine!

That's hard working boxed wine creators to you, pal.


wxboy: hubiestubert: What do unemployment benefits do?

They keep landlords paid up. They keep utility companies paid up. They keep banks paid on car notes. They buy groceries. Without unemployment insurance, all of those sectors take a hit. It's a stop gap to prevent further hemorrhaging in the economy.

Lies!  I have been assured by good folks such as Ted Cruz and Donald Trump that the poor and unemployed spend all their "benefits" on cocaine and boxed wine!


Wouldn't the cocaine trade be a good example of an unregulated and untaxed market?  Perhaps we should base our economy on that.
 
2014-01-10 01:16:10 PM
There's a Limbaugh the Lesser?
 
2014-01-10 01:16:40 PM
Because there are millions of job vacancies waiting to be filled and the only reason it's not happening is because we're paying people to sit at home and eat refrigerated lobster.
 
2014-01-10 01:17:26 PM
Ahh, the Republican mantra: I got mine, fark you.
 
2014-01-10 01:19:15 PM
"Have you ever noticed that pointy-headed liberal academics and unctuous politicians espouse sophisticated-sounding theories to prove what common sense tells us is surely wrong? "

I mean, sure the data suggests one thing, but it's obviously another because...I said so...or possibly Jebus

I think he just managed to sum up the religious right, tea party, and stupid people in one simple sentence.
 
2014-01-10 01:19:44 PM

Yakk: $1 in aid returning $1.6 in tax revenue and being used in the areas where capital is most needed. What a terrible idea.


And that $1 output in aid only takes $3 in input from borrowing/taxes after you pay the bureaucracy. So it's not a $1 investment by govt that returns 60% to govt. It's instead a $3 investment by taxpayers that returns $1 to the private economy.

What a great idea.
 
2014-01-10 01:21:46 PM

Rosecitybeaver: "Have you ever noticed that pointy-headed liberal academics and unctuous politicians espouse sophisticated-sounding theories to prove what common sense tells us is surely wrong? "

I mean, sure the data suggests one thing, but it's obviously another because...I said so...or possibly Jebus

I think he just managed to sum up the religious right, tea party, and stupid people in one simple sentence.


Common sense tells me a lead ball falls faster than a wood ball. But liberals espouse their sophisticated sounding theory of gravity. I WON'T HAVE IT!
 
2014-01-10 01:22:12 PM

iawai: And that $1 output in aid only takes $3 in input from borrowing/taxes after you pay the bureaucracy. So it's not a $1 investment by govt that returns 60% to govt. It's instead a $3 investment by taxpayers that returns $1 to the private economy.

What a great idea.


Well his is based on tested facts and your's is based on... errr.... potato?
 
2014-01-10 01:22:14 PM

El_Perro: Just what does lesser Limbaugh think people do with their unemployment benefits?


They consume drugs. Hundreds and hundreds of dollars worth of drugs. Every two weeks. Rent doesn't get paid to their apartment management company. Food isn't purchased from grocery stores or corporations like Walmart. No one uses it to pay for a childs field trip or for new slacks for their interviews. Its not used to pay cell phone bills and for internet providers so that they can use the web to send applications (and surf porn). Its only used for drugs. Then, those drug dealers ship the money to Columbia to the drug kingpins who stash it all in safehouses outside of the United States. The money is totally taken out of circulation. Unemployment benefits are bad for the economy.
 
Displayed 50 of 383 comments

First | « | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report