Paying People Not To Work Saved Millions Of Jobs

Quote: Originally Posted by Locutus

Hilda Solis: Paying People Not To Work Saved Millions Of Jobs | ZeroHedge

Give me a break.

Quote: Originally Posted by Goober

Why do they not do what FDR did. Pay them and put them to work.

Quote: Originally Posted by Locutus

via Zip
Obama Labor Secretary Hilda Solis: “Millions Of Jobs Were Saved” By Extending Unemployment Benefits…
Only in Obamaland does paying people not to work = Jobs.
Via Zero Hedge:Secretary of Labor Hilda Solis made her ubiquitous post-NFP appearance on CNBC this morning and spouted the usual propaganda. However, while discussing how wonderful the ATRA was, the seemingly slap-happy Solis noted how great the fact that emergency unemployment benefits were extended for millions of people was – and that thanks to that (and the magic of the Keynesian multiplier), millions of jobs were saved. So, to sum up, paying people not to work, saved millions and millions of jobs? Indeed America, indeed.

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Quote: Originally Posted by DaSleeper

One word.......................................Unions

Quote: Originally Posted by DaSleeper

One word.......................................Unions

Quote: Originally Posted by petros

...Spastics!

There are all kinds of people out ther who, for what ever reason. are not employable.
There are those who abused drugs, or have special needs and so on, they take up
space in training programs that will not lead to employment on a long term bases.
Perhaps we should consider assisting them while investing in people who will be
productive

the seemingly slap-happy Solis noted how great the fact that emergency unemployment benefits were extended for millions of people was – and that thanks to that (and the magic of the Keynesian multiplier), millions of jobs were saved.

Quote: Originally Posted by SLM

I wish someone would pay me not to work. I do it really well.

Quote: Originally Posted by damngrumpy

I was referring more to social assistance I guess. If we don't put up a minimum amount
of social assistance we will have these same people in the prison system before long and
that would cost even more money in the long run. Of course those who are not productive
we could just shoot them. ah, but them we have to bury them and the cost of bullets will
rise.

Quote: Originally Posted by Goober

Why do they not do what FDR did. Pay them and put them to work.

Quote: Originally Posted by spade

fox news Are there really poor americans - youtube

fox news Cut medicare to fund wars - youtube

Quote: Originally Posted by Locutus

Saved millions and millions of jobs

Saved millions and millions

millions and millions

of jobs.

Quote: Originally Posted by petros

It saved millions and millions of employers, who have hired back millions and millions of employees when they could once again afford to hire them back.

You still can't see that eh?

Quote: Originally Posted by Tonington

That's called stimulus and apparently it's more important right now to reduce the deficit. America-Canada as well- has crumbling infrastructure. Fix the demand issue in the economy with jobs building new infrastructure and a large part of the deficit problem is solved. As to the OP, welfare spending doesn't even require a multiplier effect to make the assertion true. Giving money to people who otherwise would have none increases demand in the economy. No hand wringing will make that fact untrue.

Quote: Originally Posted by captain morgan

The employers still need viable markets in which to sell their wares.... No point in rehiring and increasing the supply side of the equation until such time that the demand side of the equation justifies that move.

It's a mugs game...

Quote: Originally Posted by Tonington

That's called stimulus and apparently it's more important right now to reduce the deficit. America-Canada as well- has crumbling infrastructure. Fix the demand issue in the economy with jobs building new infrastructure and a large part of the deficit problem is solved. As to the OP, welfare spending doesn't even require a multiplier effect to make the assertion true. Giving money to people who otherwise would have none increases demand in the economy. No hand wringing will make that fact untrue.

Quote: Originally Posted by captain morgan

The employers still need viable markets in which to sell their wares.... No point in rehiring and increasing the supply side of the equation until such time that the demand side of the equation justifies that move.

It's a mugs game...

Quote: Originally Posted by taxslave

Lets spend the money on real infrastructure projects then, not make work projects. We got taxpayer money going to build hiking trails along side the abandoned railway, while roads are going to $hit.