Obama apparently believes (at least he asserts) that unemployment benefits create jobs. Maybe there is a greater need for more government employees to cut the checks and mail them or hit the enter key to make the direct deposit.
As Jay Carney explains it: “It is one of the most direct ways to infuse money directly into the economy because people who are unemployed and obviously aren’t running a paycheck are going to spend the money that they get. They’re not going to save it, they’re going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually”.
“Every place that, that money is spent has added business and that creates growth and income for businesses that leads them to decisions about jobs, more hiring. So, there are few other ways that can directly put money into the economy than applying unemployment insurance, Carney said.
Tom Vilsack insists that food stamps create jobs. He equates every dollar spent on food stamps to $1.84 in production.
Unfortunately, government production of one dollar does cost $1.84. Someone in this administration has finally voiced the truth. If only some jobs were being created in the private sector.
So, following the logic of the all knowledgeable Washington crowd, the guy at the end of the freeway off ramp with the cardboard sign (I VOTED FOR OBAMA NOW I’M HOMELESS) pleading for help must also create jobs. Someone has to work in order to hand him money. The more he takes in, the harder or longer someone else has to work.
The best exterminator today can’t rid Washington D. C. of these cockroaches, but you can. Vote wisely in November 2012!