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“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.”
Originally posted by jibeho
reply to post by PsykoOps
I've known people who have collected unemployment checks while living at home with their parents. No expenses, no worries whatsoever. At the time, a buddy of mine spent one unemployment check on a 100 disc Sony CD player. (yes, it was that long ago:lol I guess he needed to replace his 5 disc machine.
Fast forward to our current times and we have people living in Section 8 housing and receiving govt. assistance of all sorts. These folks not only collect checks but they also receive food stamps and subsidized housing. They also have smart phones, smoke cigarettes, wear expensive shoes, and have bodies adorned with expensive tattoos and even teeth capped in gold and platinum. Some even earn second incomes from a variety of street based entrepreneurial businesses.
Anything associated with the govt. does not and will never generate wealth, prosperity or simple long term careers for people. Never!!
Small businesses losing out to red tape
....cities and states stifle new small businesses at every turn, burying them in mounds of paperwork; lengthy, expensive and arbitrary permitting processes; pointless educational requirements for occupations; or even just outright bans. Today, the Institute for Justice released a series of studies documenting government-imposed barriers to entrepreneurship in eight cities.....
[I liked this example]
When governments actually get rid of barriers to entrepreneurship, new businesses open almost immediately. Indeed, removing even a single law can unleash entrepreneurial energy and create hundreds of jobs. Mississippi finally got rid of its requirement that African hair braiders get government-issued cosmetology licenses to practice or teach. The result? A single entrepreneur — Melony Armstrong — trained dozens of women to braid hair and open their own businesses.....
Originally posted by crimvelvet
However liberal Democrats rather make sure voters are tied to the government tit so they have better control over how they vote.
anyone who spouts that those who fet unemployment benefits are living high on the hog is either a fool, a hypocrit, or an outright liar. Do you want to know what people on unemployment buy? Food. Gas. Their utility bills. Then they hope they have enough to cover their rent and heaven help them if they've got a car payment. Unemployment benefits DO create jobs. Gas stations, grocery stores, etc because the people getting that piddly little check have to eat, they have to buy gas to go search for another job when there is so many people out of work that the employers force people to do the work of three or four people instead of hiring.