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Thread: Obama says GOP making life harder for the jobless

  1. #131
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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by NolaMan View Post
    It does not matter. It is simply not financially feasible to continually expand unemployment benefits until there are enough jobs.
    You do understand the notions of marginal propensity to save and spend no? Thus, you should be able to figure out that unemployment benefits are effectively a stimulus. I agree that it is not financially feasible, but nor is it financially feasible to have increasingly large percentages of people uninsured and possibly resorting to crime. There isn't a good option here and I have no problem admitting that. As I have said before, there are no good tools to get out of a financial/liquidity crisis avaliable to us. History has shown this time and time again but for some reason people here don't understand the difference.

    How many "jobs" are enough? How many people refuse to take "jobs" just because they perhaps would earn basically the same amount as they can collect on unemployment?

    A line has to be drawn somewhere. We simply cannot afford to endlessly deficit spend for this vague notion of "jobs".
    Of course. I'm just pointing out the assumption underlying the argument is faulty.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  2. #132
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    Re: Obama says GOP making life harder for the jobless

    OC, you ran from the other forum which isn't surprising as you don't like being challenged but do your best to put everyone else down with condescending comments.

    How long exactly should unemployment benefits be paid and where is the incentive to get a job as long as those unemployment benefits are paid?

    What far too many do not seem to get is the concept of incentive, the concept of personal responsibility, and the concept of free enterprise and capitalism. You seem to be in that category. Your view yourself in an intellectual manner when the reality is you seem to be book smart and street stupid choosing to compare everyone else to your standards and ideology which isn't mainstream nor does it fit into the economic model of this country. You claim to have voted Libertarian but all your posts defending the massive growth of govt, the Obama agenda, and the massive debt being created isn't Libertarian.

  3. #133
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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by Conservative View Post
    OC, you ran from the other forum which isn't surprising as you don't like being challenged but do your best to put everyone else down with condescending comments.
    Incorrect. I stopped responding because you refused to respond to what I wrote repetively. It is futile to attempt to discuss anything with someone like yourself who relies upon lies and fabrications.

    Until you actually start responding to what people write in honest fashions, read my signature.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  4. #134
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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by NolaMan View Post
    What is Washington supposed to do?
    Which is a very good question. I keep bringing up the fact that this recession was largely due to financial/liquidity (housing itself is rather irrelevant considering its portion of the economy) but apparently virtually no one here understands why a financial/liquidity recession is critically different from other recessions.

    Washington doesn't have any good tools and there aren't many good tools for financial recessions period.

    I'd ask the partisans here for tools, but frankly, they are clueless as to why a financial recession is different. Obama has tried the very same tools other presidents used to get out of non-financial recessions and not surprisingly, they didn't work. He cut taxes and gave huge incentives to businesses as well as large amounts of spending. The same stuff Bush and Reagan did. They don't work because Bush and Reagan didn't have financial recessions. One does not use a baseball bat to play football. But that's what people are calling for.

    There's some consolation here. I feel smarter compared to rest of you.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  5. #135
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    Re: Obama says GOP making life harder for the jobless

    Quote Originally Posted by American View Post
    Republicans are outnumbered, so they can't stop legislation.
    Nonsense. Republicans have distorted the "closure vote" into a weapon against there being any meaningful legislation passed, and they quite clearly in this case, don't care one bit about the peoples lives they have destoyed by undermining the economic fabric of our Nation through their years of unbridled DEFECIT SPENDING. Only now, that they have managed to drive the economic bus off the cliff, do they express concern about how much spending is. There was nary a peep from them when untold HUNDREDS OF BILLION$ in graft being handed out like candy to their death and war cronies. Righties can ALWAYS find the funds to kill, but NEVER give one **** about We the People.

  6. #136
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    Re: Obama says GOP making life harder for the jobless

    Interesting, as usual you want to control the debate and do so by diverting from the topic of the thread. Then when asked the tough questions you run. The thread had nothing to do with the state of TX but it now has everything to do with you being a fraud, callilng yourself a Libertarian and then defending a President who is about as far from being a Libertarian as anyone in public service. Keep running.

  7. #137
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    Re: Obama says GOP making life harder for the jobless

    Wrong, Reagan and Bush both gave across the board tax RATE cuts, not targeted tax cuts in the form of a rebate. The incentives to businesses were offset by upcoming higher taxes on healthcare, the concern about cap and trade, and biggest of all the anti business agenda of Barack Obama. You buy what you read and ignore reality. Maybe after spending 35 years in the business world you will better understand how business works.

    What started out as a financial recession is now much more than that, Barack Obama has done nothing to promote job creation in the private sector and done nothing but expand the role of govt. Only blind ideologues don't see that.

  8. #138
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    Re: Obama says GOP making life harder for the jobless

    How long should unemployed people get unemployment insurance in your world? Where does the money come from, the "Obama Stash?" Please stop reading what you are being told by the media, we have three equal branches of govt. and Congress has been controlled by the Democrats since January 2007. We the People are sick and tired of the victim mentality and have no problem helping people truly in need. Too bad "your" President doesn't see it that way.

  9. #139
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    Re: Obama says GOP making life harder for the jobless

    What evidence is there that suggests extending unemployment benefits leads to a diminishing rate of U-6 unemployment? Please consider job search frictions and how they impact underemployment before you begin your series of jargon.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  10. #140
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    Re: Obama says GOP making life harder for the jobless

    Unemployment insurance has always been intended to be temporary but the word termporary seems to have a different meaning to a lot of people. I continue to contend that unemployment insurance takes away incentive from far too many who seem to prefer staying home to actually looking for a job.

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