What if unemployment benefits do stop?, page 1
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ATS Members have flagged this thread 18 times


reply posted on 28-2-2010 @ 07:51 PM by seattletruth
reply to post by Subjective Truth



Yes, I agree that the unemployment benefits are the duct-tape that is holding this go-kart together. Only problem is the duct tape has been sitting out in the sun to long, the glue is going bad, and we jumped the curb into oncoming traffic on the freeway.

Well, the other duct tape that is holding the country together is the fact that 1/3 of the workers in the country work directly or indirectly for the government. That is also starting to fall apart because we no longer have the tax base to support this kind of spending (not that we did in the first place...). The government is an out of control gremlin that got fed after midnight, and there's not enough food to feed it anymore. This is compounded worse because as government jobs are laid off, it makes the unemployment situation even worse!!

And even if we stopped spending on these pointless, unjustified wars, that would only make the unemployment problems even worse!

You are right though... The country truly is screwed when the benefits run out. Many more mortgage defaults, homeless through the roof, the economy will take an even larger hit. Its gonna be scary in the next year, they can't keep extending benefits forever, and a few jobs here and there won't cut it.

This "green jobs" crap is a joke, for every single "green job" created it costs like half a million dollars a year and causes the loss of 2 other jobs, pretty much. (non-scientific numbers).

[edit on 28-2-2010 by seattletruth]


reply posted on 28-2-2010 @ 07:52 PM by Illusionsaregrander
Part of the problem is that despite all indications to the contrary, many economic advisors still believe that trickle down economics works.

Give money to the rich, and the poor will benefit.

Except for the simple fact that it doesnt.

www.reuters.com...


Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economic recovery was "extremely unbalanced," driven largely by high earners benefiting from recovering stock markets and and large corporations.

Small businesses and the jobless are still suffering from the aftermath of a credit crunch that was "by far the greatest financial crisis, globally, ever" -- including the 1930s Great Depression, said Greenspan in an address to a Credit Union National Association conference.


Economies trickle up. They always have, and they always will. If you want an economy to do better, you make sure the bottom is strong. Our economies are pyramid shaped. You strengthen the base, the top is secure. You weaken the base and add too much to the top, and they crumble.

An utter and complete misunderstanding of this concept is why we are recovering so poorly.

Edit to correct egregious spelling errors.

[edit on 28-2-2010 by Illusionsaregrander]


reply posted on 28-2-2010 @ 07:54 PM by Subjective Truth
reply to post by seattletruth



What I don't understand is why not really make some jobs? We could use new roads and bridges and etc.......... So why don't they do it? Is the fix in on America?



reply posted on 28-2-2010 @ 07:56 PM by seattletruth
reply to post by Illusionsaregrander



You're right. Trickle down economics is a joke.

If you look at the money spent on the bailout, vs. how many jobs "saved", the numbers are truly sickening. They might have well just paid everybody in the country an extra 20,000 in payments and kicked the economy around... Instead the spent all the money, and nothing is fixed. It just propped up a broken system.


reply posted on 28-2-2010 @ 07:58 PM by Subjective Truth
reply to post by Cornczech



God I hope you are wrong to!!!! But I think we both know you are seeing things for what they are. It hard to see such terrible truth.


reply posted on 28-2-2010 @ 08:00 PM by seattletruth
Originally posted by Subjective Truth
reply to
post by seattletruth



What I don't understand is why not really make some jobs? We could use new roads and bridges and etc.......... So why don't they do it? Is the fix in on America?


Make some more roads and bridges.... With what money?? They already given everything to the bankers. Almost every single state is running a huge deficit. There's just not money to create government jobs...

What they need to do is loosen the environmental restrictions, increase tariffs to make it worthwhile to create manufacturing jobs back on American soil.. But this won't happen.

The best thing that could happen for America I think would be a war with the Chinese... It would at least give us manufacturing jobs again...


reply posted on 28-2-2010 @ 08:10 PM by Subjective Truth
reply to post by seattletruth



I think this may be the end game they see for us. War is a easy solution to this problem but at what cost? We can do this another way they choose not to. If they had just given the money to us instead of the banks everything would have been fine. The economy would have boomed.


reply posted on 28-2-2010 @ 08:14 PM by LinksINC
Originally posted by Subjective Truth
reply to
post by seattletruth



I think this may be the end game they see for us. War is a easy solution to this problem but at what cost? We can do this another way they choose not to. If they had just given the money to us instead of the banks everything would have been fine. The economy would have boomed.


They know the trickle down theory is a lie.. Anyone with any common sense AT ALL knows that money goes up and into banks... money does not go down... They used the bogus "trickle down" LIE as an excuse for the bail outs... Surprise! We haven't seen any improvement in the economy!
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