Senator Chuck Schumer (D-NY) sure does love unemployment. He likes it so much he calls it the best stimulus out there!
“At the end of last year, there were 5 million people receiving emergency UI [unemployment insurance]. This year, there are only 2 million. It’s working,” Schumer said at a press conference Thursday.
“We’re all talking about a stimulus. How do we get the economy moving? This is the best stimulus there is.”
Schumer and fellow Senate Democrats called for yet another extension of benefits for the long-term unemployed before the current benefit extension expires at the end of the year.
Recently, the Congressional Budget Office estimated that a full-year extension of the benefits would cost $30 billion and create approximately 300,000 full-time equivalent jobs. (Read More)
Assuming the CBO is correct, and that’s a big assumption, that would come to about $100,000 per job that the taxpayers are footing the bill for. As for the number of Americans no longer receiving unemployment benefits, that’s not because they found jobs, they just gave up. I wonder how many of them are now on disability.
Via Fox Nation
Update: Linked by Big Pulpit – thanks!
Chuck is as delusional as is Piglosi. My hope is the next time a Hurricane comes to New York, it will drown his sorry ass!
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http://lonelyconservative.com/2012/12/schumer-says-unemployment-is-the-best-stimulus-ever/
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More Marxist econ-babble from a guy that was Anthony Weiner’s mentor. Go figure.
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[...] Schumer Says Unemployment Is The Best Stimulus Ever! [...]
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Amazing.. How many ignorant inept, incompetent, moronic Congressional liberal idiots to we have to put up with, before someone finally says enough is enough with your illogical insane stupidity..
Even a 6th grader can tell you Mr Charles Schmuck, and his ilk are full of crap, and wouldn’t know how, let alone care about, growing the economy and creating jobs.
Their agenda is socialist marxist control over everyone and everything that moves in America- ie; their end goal is the destruction of Free market Capitalism, installing their marxist anti-Capitalist anti-American regime of power and control, with their dear leader Obama at the helm.
“After 30 years, The New York Times has admitted that Reaganomics worked” – ( NOT Obama/Boehner-nomics )
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How can sitting at home recieveing a check create a single job? The propaganda continues unabated! And the people of my state, New York, voted for this guy!
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