http://www.realclearpolitics.com/vi...nefits_could_create_up_to_1_million_jobs.html
Carney: Unemployment Benefits Could Create Up To 1 Million Jobs
Carney: Unemployment Benefits Could Create Up To 1 Million Jobs
Obama/Carney: Unemployment Benefits Create 1M New Jobs
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Carney responded: "Oh, uh, it is by, uh,
I wonder how you logic this out..
Why not? One of the Tea Party dudes was out and about the other week claiming more should be spent building unneeded military equipment because it puts people to work.
The Tea Party claiming gov't creates jobs - whodda think?
The Tea Party claiming gov't creates jobs - whodda think?
Yeah, of course, very interesting point. WTF, simplify it to 'family level', and it will be crystall clear .. Let's assume - one family member is unemployed. Then his working brother/sister/father whatever gives him money to buy food/pay bills - this unemployed guy pays and many people providing him food/electricity/clothes are get paid. Nice, job creation 
, but only under one important assumption - money he got from working family member are 'surplus' money, i.e. it's part of accumulated wealth of the rest of the family. In this case everything is fine - tough times, saved extra wealth is used to weather the storm..
But, if there is no extra money, and family borrows money to help unemployed brother - it borrows it from , let's say , neighbour family, which holds a bakery, and that unemployed guy takes they borrowed money and bring back to that bakery to buy a bread .. What a joke.. That bakery owners are completely fools (if they are not charity driven) - they lend money to people to buy they products - besides an interest(which might be not paid), they can exclude borrowers from the chain and pay themselves their own money to produce more bread for nothing.. or , even exclude that step of paying their own money to themselves, they can just work for nothing and produce more bread. That won't create any new job, because normal people won't work for nothing. My point here is that unsecured borrowed money ('unsecured' loan) doesn't produce anything except of waste and destroying, before even we talk about moral hazard. And since US borrows money now , refinancing debts every 2-3 monthes with bigger amounts, it's definitely not creating anything, but just destroying the country..
, but only under one important assumption - money he got from working family member are 'surplus' money, i.e. it's part of accumulated wealth of the rest of the family. In this case everything is fine - tough times, saved extra wealth is used to weather the storm..But, if there is no extra money, and family borrows money to help unemployed brother - it borrows it from , let's say , neighbour family, which holds a bakery, and that unemployed guy takes they borrowed money and bring back to that bakery to buy a bread
.. What a joke.. That bakery owners are completely fools (if they are not charity driven) - they lend money to people to buy they products - besides an interest(which might be not paid), they can exclude borrowers from the chain and pay themselves their own money to produce more bread for nothing.. or , even exclude that step of paying their own money to themselves, they can just work for nothing and produce more bread. That won't create any new job, because normal people won't work for nothing. My point here is that unsecured borrowed money ('unsecured' loan) doesn't produce anything except of waste and destroying, before even we talk about moral hazard. And since US borrows money now , refinancing debts every 2-3 monthes with bigger amounts, it's definitely not creating anything, but just destroying the country..
Obamaâs Economists: âStimulusâ Has Cost $278,000 per Job
The stimulus is now causing the economy to shed jobs.
http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html
White House: Nuh-Uh! Stimulus Jobs Only Cost $185K Each!
http://www.nationalreview.com/campa...use-nuh-uh-stimulus-jobs-only-cost-185k-each#
The stimulus is now causing the economy to shed jobs.
http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html
White House: Nuh-Uh! Stimulus Jobs Only Cost $185K Each!
http://www.nationalreview.com/campa...use-nuh-uh-stimulus-jobs-only-cost-185k-each#
Total garbage. Don't forget--they don't just massage numbers and make ridiculous assumptions. If need be, they flat out lie to make their numbers "work":
http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853
What's really amazing is how the same folks are in love with regulations, which cost us $1.75 trillion, absorbing almost 12 percent of the GDP in 2010.
http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853
What's really amazing is how the same folks are in love with regulations, which cost us $1.75 trillion, absorbing almost 12 percent of the GDP in 2010.
