- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Obama: Extending Unemployment Benefits “Creates New Jobs”
Posted on 1/7/14 at 6:04 pm
Posted on 1/7/14 at 6:04 pm
quote:
President Barack Obama lauded the Senate’s advancement of a bill to extend jobless aid on Tuesday as a “very important step” and called on Republicans in both chambers to back the legislation “without obstruction or delay.”
“Voting for unemployment insurance helps people and creates jobs and voting against it does not,” Obama said in remarks at the White House.
“We have got to get this across the finish line without obstruction or delay and we need the House of Representatives to be able to vote for it as well,” he said. “That’s the bottom line.”
LINK
He is so brilliant. What would we do without him? People voted for him twice to hear him say this.
15
Posted on 1/7/14 at 6:04 pm to cajunangelle
Inb4multiplier
Posted on 1/7/14 at 6:08 pm to jamboybarry
quote:
Inb4multiplier
Which people incessantly bring up in the IB Freeman threads on film tax credits
Posted on 1/7/14 at 6:09 pm to cajunangelle
quote:
“Creates New Jobs”
Oh did he tell us how many he "Saved"?
Posted on 1/7/14 at 6:10 pm to cajunangelle
The idiocy is stunning! 3 more years, forward!
Posted on 1/7/14 at 6:10 pm to cajunangelle
Well we keep extending unemployment benefits and the unemployment rate has gone down has it not? 
Posted on 1/7/14 at 6:11 pm to Powerman
This post was edited on 1/7/14 at 6:13 pm
Posted on 1/7/14 at 6:17 pm to cajunangelle
Does this mean that bin Laden is no longer dead?
Posted on 1/7/14 at 6:17 pm to cajunangelle
quote:
What would we do without him?
I'm willing to give it a shot to find out
Posted on 1/7/14 at 6:18 pm to jamboybarry
quote:
Inb4multiplier
It's a legit way to point out inconsistency in those who come up with multiplier effects to justify wealth redistribution programs that they support.
When IB Freeman makes a valid criticism the response is always "yeah but economic impact is positive once you factor in multipliers and therefore it must be good".
So, every dollar you spend on unemployment benefits goes to people who buy goods and services from people. Then those people buy things and so on.
Technically, the film tax credits include broken windows.
Posted on 1/7/14 at 6:52 pm to Asgard Device
quote:
Technically, the film tax credits include broken windows.
yes it does...but this is because it's not a credit in the sense of just lowering tax burden. just so we're all clear
the "refund" mechanism + the transferability make it something else than just a pure credit
Posted on 1/7/14 at 7:19 pm to cajunangelle
You cannot argue that gov't stimulus such as UE benefits creates economic growth. The problem is....
a) is it sustainable - can we continue to do this forever? I think the answer to that (and keynes would agree) is NO. I don't know if we are past that point or not but we are close to it if we have not passed it.
b) Do you get the bang for the buck? What is multiplier of providing UE benefits? For $1 spent, do you get $1 of increased GDP? Or less? Or more? Probably for UE, you get something over 1 but for lots of gov't spending you get less than a dollar.
a) is it sustainable - can we continue to do this forever? I think the answer to that (and keynes would agree) is NO. I don't know if we are past that point or not but we are close to it if we have not passed it.
b) Do you get the bang for the buck? What is multiplier of providing UE benefits? For $1 spent, do you get $1 of increased GDP? Or less? Or more? Probably for UE, you get something over 1 but for lots of gov't spending you get less than a dollar.
Posted on 1/7/14 at 7:38 pm to cajunangelle
Imagine a world where a President would be able to claim 5 years into his terms that unemployment benefits should be extended for the 19th time and still pretend he's done a good job.
Bizarro world.
Bizarro world.
Posted on 1/7/14 at 7:41 pm to Scoop
quote:
Imagine a world where a President would be able to claim 5 years into his terms that unemployment benefits should be extended for the 19th time and still pretend he's done a good job. Bizarro world.
They ain't got nothing...Just throwing out money to bide their time. They got the press, America Fr&%$ed...
Posted on 1/7/14 at 8:46 pm to cajunangelle
quote:
“Voting for unemployment insurance helps people and creates jobs and voting against it does not,” Obama said in remarks at the White House.
Great googly moogly!
Posted on 1/7/14 at 10:02 pm to cajunangelle
quote:
He is so brilliant
DOesn't take a genius to figure out consumer spending creates jobs.
Posted on 1/7/14 at 10:54 pm to SpidermanTUba
Posted on 1/7/14 at 10:55 pm to cajunangelle
In that case, let's put everyone on unemployment and create an economic boom! 
Posted on 1/7/14 at 11:17 pm to SpidermanTUba
quote:
DOesn't take a genius to figure out consumer spending creates jobs.
So let me get this straight.
Take money from the people who work. Give that money to people who don't work. Let those people who don't work spend that money that was given to them by the people who work, and........voila!! Jobs for everyone!
Brilliant!
Page 1 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News