Our economy is in the most capable of hands. So far various Keynesian snake oil vendors at the Hope & Change Circus have said that food stamps are stimulus, that government regulations are great job creators and that unemployment checks help stimulate the economy.

Obama adviser Valerie Jarrett doubled-down on the latter recently:

If it’s such great stimulus then why not just have everybody lose their jobs and go on unemployment in order to jump-start the economy? (re-elect Obama to see that played out in full)

People who consider unemployment checks as “stimulus” probably shouldn’t be trusted anywhere near America’s economy. The only way unemployment will be stimulus for America is when Team Obama are the ones who are unemployed.

(h/t Gateway Pundit)

Comments

20 Responses to “Another Clown Under the Obama Administration Big Top Hails Unemployment Checks as ‘Economic Stimulus’”

  1. Truesoldier__ on February 22nd, 2012 7:15 pm

    Doug, in your post yesterday over at MM about the Gallup listing the unemployment rate expecting to rise to 9% I said that the Obama administration would claim that as a good thing as all those newly unemployed people would help stimulate the economy. I guess I wasn't too far off the mark:
    http://michellemalkin.com/2012/02/21/gallup-unemp

  2. Granny55 on February 22nd, 2012 7:36 pm

    Repeat a lie enough and people believe it. It only has to be repeated once in the lame stream media because the idiots that pay attention to their "news" are dumb enough to believe it.

  3. SignPainterGuy on February 22nd, 2012 7:53 pm

    +100 !

  4. SignPainterGuy on February 22nd, 2012 7:55 pm

    It`s obvious to me, these ijits who believe and push Keynesian Economics have never tried to run a biz, or have never made one successful / profitable !

  5. Marshall_Will on February 22nd, 2012 8:01 pm

    What would expect a Slumlord to say! These people get their UN-checks and in turn, have to pay rent somewhere. It all dovetails together so neatly.

    Gosh Val, ask virtually ANY American if they'd prefer their scenario today vice 3+ years ago and see how many 'takers' you get? It'll be good to send her packing too. Seriously, if Bammie had an ace up his sleeve he'd have been playing it by now.

  6. patti on February 22nd, 2012 8:10 pm

    This is a totally absurd thought. Take this to a logical example. If a 3rd party, say a government, extorts a dollar from me, since I am a worker who own my own business. Let’s say I make pizza, and sell it for a dollar.

    So the government takes a dollar from me and gives it to someone who is not working because, well, they aren’t working.

    OK, so now that person spends it at my pizza shop to by a large cheese pizza.

    According to V. Jarrett, that is stimulating the economy.

    According to my accountant, I just sold a large cheese pizza for zero dollars.

    My profit, zero. Which means that I must now either raise the cost of my pizza and risk going out of business
    OR
    I can just go out of business.

    So now, instead of a pizza shop employing workers, accountants, energy suppliers, delivery trucks, and suppliers of raw materials,
    I am on unemployment asking for that dollar to buy a pizza for a dollar.

    And the people I employed and the suppliers all feel the pinch.

    So to say that the theft of a dollar is stimulating is Ignorance in it’s most basic format.

    Perhaps all government employees and elected officials should be compelled to read
    ‘Economics in One Lesson’. Originally written in the ’40s it is amazingly relevant today.

  7. clu seatoe on February 22nd, 2012 8:18 pm

    If this is true then there should be no reason for any disqualification from payments.

    Even if the state keeps the disqualification rules the fed should approve the unemployment payment to begin after the 26 weeks of the state limit and there should be automatic cost of living raises built in to the payments.

    The unemployment payment should be for an unlimited time and not end after 99 weeks.

    All of the stimulus billions should be poured into the unemployment accounts and Zero’s paychecks should be relabeled a green account and recycled into the unemployment coffers.

    WOW, this economic stimulus stuff is pretty simple economics.

  8. Truesoldier__ on February 22nd, 2012 8:41 pm

    But, but it worked in theory in their academic studies…….

  9. Truesoldier__ on February 22nd, 2012 8:44 pm

    Pfft, why would they need to read that, they already know it all…../sarc

  10. SignPainterGuy on February 22nd, 2012 8:53 pm

    They`d never read it; it`s non-fiction !

  11. Granny55 on February 22nd, 2012 9:45 pm

    Show me their grades! Oh never mind – they were edumincated in those elitist universities where everyone got a passing grade to make it "fair". Nothing taught – nothing learned – story of the past three decades. The dumbing down of our population at the hands of liberals.

  12. Granny55 on February 22nd, 2012 9:53 pm

    Ask all business owners in every state how the unemployment extensions to 99 weeks have worked out for them. Their portion of state unemployment taxes has doubled, tripled and quadrupuled. And when and if this economy ever picks up, how fast do you think those rates are going to go down. Politicians are not likely to cut the rates when and if unemployment ever goes down because all they see is $$$$ and find other places for "investment". And the employer be damned. And they wonder why private sector is reluctant to hire? Effin idiots – all of them!!!

  13. Marshall_Will on February 22nd, 2012 9:57 pm

    Clu,

    Sarc aside, that's essentially what Soros allowed to happen. With the exception of North Dakota, all remaining 56 States are technically insolvent. They've usurped Patti's ( most instructive scenario ) and just gone ahead and printed the funding in advance, leaning dangerously on anticipated tax revenues.

    That may/may NOT materialize. Econ-challenged voters LOVE their 'freebies' but not if it comes at the expense of their Total Slacker Lifestyle (TM) What good is not working if your Unenjoyment check won't even cover GAS to cruise over to your buddy's house to play Xbox?

  14. Truesoldier__ on February 22nd, 2012 10:12 pm

    And extreme cost to the taxpayers and parents…

  15. Truesoldier__ on February 22nd, 2012 10:14 pm

    No kidding. Here in WA ST not only has that gone up, but so has the minimum wage. It is now $9.04 an hour for a minimum wage job. The price of everything is going through the roof as the costs of doing business continue to rise. Not to mention many restraunts are laying off workers as they cannot afford to pay the increased minimum wage costs, especially when business has slowed down due to the anemic economy.

  16. Marshall_Will on February 23rd, 2012 12:13 am

    In short, cards? Meet house!

    Progs are laying low on the 'investment' talk ( for now? ) They realize they've placed a stranglehold on the economy but I have to believe [privately] they're reassessing.

  17. Dexter_Alarius on February 23rd, 2012 12:40 pm

    "The only way unemployment will be stimulus for America is when Team Obama are the ones who are unemployed."

    This needs to be on GOP campaign ads.
    This ranks right up there with Reagan's definitions of Recession, Depression and Recovery.

  18. Obama bin Biden on February 23rd, 2012 1:41 pm

    Another product of Affirmative Action.

  19. SignPainterGuy on February 23rd, 2012 3:48 pm

    My question for Zero; Will it be "funemployment" or "unenjoyment" payments ? I`m pretty well convinced that the Obamas hate the presidency, but they love the perks and the feelings of power; presidentin` is hard !

  20. SignPainterGuy on February 23rd, 2012 3:49 pm

    It`s obvious Obumble was not / is not qualified !

Leave a Reply

You must be logged in to post a comment.