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  Topic: Report: Extending jobless
benefits creates jobs
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Report: Extending jobless
benefits creates jobs

Associated Press, by Sam Hananel

Original Article

Posted By:NorthernDog, 11/30/2012 2:47:56 PM

WASHINGTON — Extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy, according to a report from the Congressional Budget Office. The analysis released Wednesday from the nonpartisan office estimates that keeping jobless benefits would cost the government $30 billion. But it would also lead to more spending by the unemployed, boosting demand for goods and services and creating new jobs. Federal long-term unemployment benefits are set to expire on Dec. 29 for more than 2 million workers unless Congress approves an extension. Democrats have called for reauthorization of extended benefits

Comments:
Only AP could write a headline like that with a straight face.

      


Post Reply  

Reply 1 - Posted by: Cat Ballou, 11/30/2012 2:50:11 PM     (No. 9041731)

Looks like the silly season is alive & well.

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Reply 2 - Posted by: federale, 11/30/2012 2:52:58 PM     (No. 9041734)

Based on this article, it would seem that the best way to ensure a roaring economy, would be for everyone to quit their jobs and live on unemployment benefits.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: Liberal like Jefferson, 11/30/2012 2:53:03 PM     (No. 9041735)

The best thing about Zippy being reelected is the constant stream of comletely bizarre stuff like this from our government and our MSM: but I repeat myself.

If Romeny was in the wings, UE, gas prices, homeless, grinding poverty, war, debt, the middle east, would all be front page news.

As it is, we get pictures of rainbows and unicorns that passes for "news".

Yup - and being unemployed makes you a better parent because you´re home with your kids....

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Reply 4 - Posted by: Emmajustin, 11/30/2012 2:55:40 PM     (No. 9041738)

Poppycock.

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Reply 5 - Posted by: enemyofthestate, 11/30/2012 2:56:14 PM     (No. 9041741)

Was this report written by Pelosi? Sounds like some of her gravity-defying logic.

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Reply 6 - Posted by: Mr. Know-It-All, 11/30/2012 2:58:57 PM     (No. 9041746)

And War is Peace.

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Reply 7 - Posted by: reilly, 11/30/2012 3:00:43 PM     (No. 9041751)


Just give the unemployed the 300,000 jobs and we´ve helped solve two problems. (I should be jobs czar.)



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Reply 8 - Posted by: jimmyfoxhound, 11/30/2012 3:02:43 PM     (No. 9041753)

Everyone, help the economy by quiting your job!

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Reply 9 - Posted by: valinva, 11/30/2012 3:02:45 PM     (No. 9041754)

Run the numbers. That´s $100,000 per job created with those on unemployment doing nothing for their money and the new jobs being low wage and temporary. This is utter stupidity.

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Reply 10 - Posted by: John21, 11/30/2012 3:03:56 PM     (No. 9041756)

Is there anyone in the AP organization with a functioning brain?
How about anyone with even a small amount of common sense?
How about someone with the smallist amount of integrity?

We already know that they have no credibility and just repeat the braindead liberal talking points but don´t they ever get embarrassed by the stupid ranting or are they too deep into the Kool-Aid?

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Reply 11 - Posted by: Redneck In NY, 11/30/2012 3:08:18 PM     (No. 9041761)

Wait, what? So the pointy heads in DC think that paying people that are not working (thus paying no taxes), who then spend that (taxpayer) money on goods and services will create jobs?

Wow.

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Reply 12 - Posted by: spahrkl, 11/30/2012 3:14:03 PM     (No. 9041772)

how can the better educated, better informed, job creators, common sense, rational people allow our beautiful country to be taken from us by the ill informed, ignorant masses under the leadership of the head of evil? surely there is a way to stop all this rediculas nonsense while there is still time. Surely this can be stopped.

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B-G1


 
Reply 13 - Posted by: sinic, 11/30/2012 3:19:28 PM     (No. 9041778)

I´d guess that, according to this twisted logic, if all the "Makers" just said to hurl with it and laid down...we´d be BOOMING! Sad part is, there´s a large segment of the country that actually believes this BS. For this to be actually put out there for public consumption says a lot about where we´re headed...We are screwed folks...extremely screwed. Nobody can stop this insanity. Like alkys and drug addicts, we´re heading for rock bottom...and evidently that´s what it´s gonna take to start turning things around.
FORWARD! OFF THE CLIFF!

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Reply 14 - Posted by: JAN, 11/30/2012 3:20:08 PM     (No. 9041781)

Oh yes, the APee, in their alternate universe.

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Reply 15 - Posted by: a man over thirty, 11/30/2012 3:20:14 PM     (No. 9041782)

I´m thinking we now know how the average Roman felt when Caligula took over.

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Reply 16 - Posted by: blunderbuss, 11/30/2012 3:20:18 PM     (No. 9041783)

One plus one equals two and a half. Of course it helps pay the grocery bill, the hairdresser, the new lcd tv and best buy. Still its bottom feeding. Its charging a $1.50 to give out 90 cents in benefits. It only works short term.

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Reply 17 - Posted by: woofwoofwoof, 11/30/2012 3:24:56 PM     (No. 9041795)

What #16 says.

It´s throwing a party on a credit card with no plan to pay it back, ever. It´s government by deadbeat.

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R_DBL_B
  


 
Reply 18 - Posted by: Newtsche, 11/30/2012 3:25:25 PM     (No. 9041797)

Yes, #6, I love Big Brutha.

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Reply 19 - Posted by: TexasRose, 11/30/2012 3:26:05 PM     (No. 9041800)

Who was it that wrote about the broken window theory: that a broken window creates jobs because the storekeeper has to pay to get a new window and pay to put it in. But, it doesn´t show how the storekeeper could have spent his money more profitably if he wasn´t putting in a new window. One of those things might be hiring a person with that money!! Honestly, these feed a person a small fish have small expectations and see rainbows in every little water sprinkler!

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Reply 20 - Posted by: Pearson365, 11/30/2012 3:28:22 PM     (No. 9041807)

Re: Is there anyone in the AP organization with a functioning brain?

# 10, the purpose of the AP article is to reinforce BO´s claims that Repubs are Scrooge. The AP´s brain is invested in operating a PR campaign for Obama. AP helped get this failure reelected, and it does not intend to stop after 11/6.

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Reply 21 - Posted by: LadyHen, 11/30/2012 3:40:29 PM     (No. 9041828)

Direct from The Ministry of Truth so you know it´s doubleplusgood!!

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Reply 22 - Posted by: paulfromTexas, 11/30/2012 3:49:10 PM     (No. 9041844)

This is like saying starvation creates muscle mass.
Stand here on the green grass while I tell you it is blue.

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Reply 23 - Posted by: Mass Minority, 11/30/2012 3:57:41 PM     (No. 9041852)

I can dead lift 150 lbs
I weigh 135 lbs.
If I stand inside a bucket I should easily be able to pick myself up.
Its the same logic, and just as false.

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Reply 24 - Posted by: 4Justice, 11/30/2012 3:58:45 PM     (No. 9041855)

If it weren´t so depressing and irritating, I would be laughing uncontrollably at their stupidity and audacity.

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Reply 25 - Posted by: pearlyjo, 11/30/2012 4:07:53 PM     (No. 9041862)

My dog likes to chase his tail, sometimes he catches it and goes round and round...til he´s exhausted.
Welcome to Obamanomics - chasing your tail.

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Reply 26 - Posted by: Cleanhousein2012, 11/30/2012 4:10:24 PM     (No. 9041864)

Unemployment benefits aren´t enough for rent/mortgage, food and utilities. It might mean more landlords are getting the rent, but it doesn´t create jobs. Unemployed people don´t buy cars. In fact, many lease their belongings.

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Reply 27 - Posted by: lacenter, 11/30/2012 4:11:41 PM     (No. 9041867)

Hey Sam - I can´t believe you actually signed your name to this article - are you a real person?

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Reply 28 - Posted by: msjena, 11/30/2012 4:19:03 PM     (No. 9041871)

Government jobs?

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Reply 29 - Posted by: killerbee, 11/30/2012 4:22:12 PM     (No. 9041879)

Well, they´ve already told us that hurricanes and other natural disasters are good for the economy because of all the rebuilding. Which proves, IMO, all the climate change hysterics need to shut up so we can grow the economy with severe weather.

Note: I am not supporting anthropogenic climate change theory. It is a fanatical religion based on greed.

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Reply 30 - Posted by: Anner40, 11/30/2012 4:46:47 PM     (No. 9041904)

I wish I went to college so I could understand this logic....

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Reply 31 - Posted by: Gartrell Bibberts, 11/30/2012 4:51:37 PM     (No. 9041907)

AP

Always Pimping

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Reply 32 - Posted by: KTWO, 11/30/2012 4:56:42 PM     (No. 9041913)

That would have been my second guess about the extensions.

By the logic stated the government can raise employment by mailing everyone $10,000 for Christmas. (er, I meant the Holiday Season.)

And give every kid $1000 at school.

And with that higher income people would pay more income taxes and cut the deficit.



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Reply 33 - Posted by: zephyrgirl, 11/30/2012 4:57:59 PM     (No. 9041915)

You get more of what you subsidize therefore: more unemployment benefits = more unemployment.

Stopping unemployment benefits would probably increase employment by millions.



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Reply 34 - Posted by: Bobn.T, 11/30/2012 5:17:15 PM     (No. 9041937)

People should enhance the unemployment situation by running their credit cards to the max. Think of all the jobs created by capitalists trying to fill their demands.

The unemployed, in particular, should do so because there is no tax consequence. And any tax paid on purchases would probably qualify as tax credits. More money in their pocket to spend.

Everybody winds - except those of us who pay taxes. No big deal.

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Reply 35 - Posted by: Bobn.T, 11/30/2012 5:21:09 PM     (No. 9041938)

Correction: "Everybody wins..."

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Reply 36 - Posted by: oldvlc, 11/30/2012 5:21:45 PM     (No. 9041939)

No,thank you. I would rather save the $30 billion and let them get their own jobs. A gubmint check is not a job. In fact, a gubmint job is not a job. It is a leech on the body politic, a parasite killing the host. Now why would Obama insist on tax cuts before spending cuts? Because no Democrat in history has carried through with spending cuts.

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Reply 37 - Posted by: oldvlc, 11/30/2012 5:27:21 PM     (No. 9041946)

#36 Tax increases!!!

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Reply 38 - Posted by: nimby, 11/30/2012 5:30:22 PM     (No. 9041950)

Whoever Hananel is has no clue about basic math and economics

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Reply 39 - Posted by: SGMIsles, 11/30/2012 5:30:51 PM     (No. 9041951)

I´m retired miltary and ineligible for unemployment pay. Can I get some of that money.

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Reply 40 - Posted by: mominNoCA, 11/30/2012 5:36:27 PM     (No. 9041958)

It creates jobs for government workers, perhaps. I can´t think of any benefit to the economy, however.

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Reply 41 - Posted by: Persecutor2, 11/30/2012 5:38:27 PM     (No. 9041961)

0 has already turned the BLS into a political tool--must have done the same thing with the CBO

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Reply 42 - Posted by: Philipsonh, 11/30/2012 6:20:53 PM     (No. 9042014)

The program sounds so darn good that it is hard to come up with an answer as to why it
doesn´t work. Oh, maybe just taking a look at Greece will do the trick. I believe that there are long term unemployed folks there getting Government benefits, but darn - that economy just ain´t sizzling the way the Democrats advocating the program here promise.

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Reply 43 - Posted by: Philipsonh, 11/30/2012 6:23:25 PM     (No. 9042016)

I am thinking that the U.S. should just set the clock back to the 13 Colonies and do a
re-start. It would make much more sense than what our Government stands for now.

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Reply 44 - Posted by: dirtydave, 11/30/2012 6:41:20 PM     (No. 9042041)

All right, free money and Obama phones. Such a deal.

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Reply 45 - Posted by: Aindyin, 11/30/2012 7:08:18 PM     (No. 9042079)

Hey lets all go on unemployment that should create millions of jobs for, hmmm well maybe not.

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Reply 46 - Posted by: joew9, 11/30/2012 8:02:41 PM     (No. 9042141)

They´re right, it does create jobs in NeverWonder Land. And everyone rides plastic ponies to school. And all the people smile all the time. And I´ll be happy to see those nice young men in their clean white shirts. They´re coming to take me away. Ha Ha Hee Hee Ho Ho.

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Reply 47 - Posted by: ocjim, 11/30/2012 8:12:59 PM     (No. 9042151)

So now the Congressional Budget Office is becoming the font of Economic Sophistry. We are so screwed.

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Reply 48 - Posted by: LanieLou, 11/30/2012 8:39:38 PM     (No. 9042185)

Pelosi Economics... Any articles published by the MSM over the next 4 years are written at the WH. There is no truth, analysis or investigative reporting anymore, from the MSM... just propaganda.

Even the Socialist French leader said Obama is further left in how America is managed than he is.

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