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Thread: Unemployment benefits extension clears hurdle

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by NolaMan View Post
    To me it is just a waste of money. Unemployment benefits do not really help the economy. We hear all about how it does because that money is spent, but in reality, all government spending does it kill an equal multiplier effect in the private sector.

    Paying people not to work (in the name of economic recovery) is going to get us nowhere. A line has to be drawn somewhere, and with predictions that unemployment will remain high for the coming decade, are we just going to pay out for ten years? I hope the bill fails on the final vote.
    A line has to be drawn, but a recession is not the time to do it. Unemployment isn't what is stopping people from working right now, the lack of jobs is. Companies get hundreds of resumes to fill a handful of jobs. Unemployment can be the difference between staying in your home or losing it. People without any income stop buying things entirely, you can't ignore government-generated demand any more than you can ignore privately-generated demand. If unemployment stopped today, what magical part of private industry would fill this demand? Where would all the extra jobs come from?

    edit: And a bill that gets 60 votes to beat a filibuster isn't going to lose out to the 51 final vote requirement.
    Last edited by Deuce; 07-20-10 at 06:15 PM.
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Erod View Post
    None. Just different verbiage of the same thing. And why can't the unemployment money be taken out of the stimulus money if we must do this?
    Why should it be done in the first place? But the banksters already have their billions. How about we extend unemployment benefits and take the money back from the banksters to do it? Just playing a little Devil's advocate here, but it's a funny world that doesn't do anything for workers who get laid off, but keeps the wine and caviar flowing to those who ran their banks and companies into the ground.
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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Deuce View Post
    A line has to be drawn, but a recession is not the time to do it. Unemployment isn't what is stopping people from working right now, the lack of jobs is. Companies get hundreds of resumes to fill a handful of jobs. Unemployment can be the difference between staying in your home or losing it. People without any income stop buying things entirely, you can't ignore government-generated demand any more than you can ignore privately-generated demand. If unemployment stopped today, what magical part of private industry would fill this demand? Where would all the extra jobs come from?
    Many of the unemployed simply won't do the jobs that are available to them. There are jobs out there, but they're "beneath" them.

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Erod View Post
    And when that 2 1/2 years is up, would your cousin vote for someone who'd extend another couple of years? Hence, the thought process behind all this.
    Hell yeah she would. The last thing she wants to do is work - she's much happier traveling. Her husband makes decent money as a Chemical Engineer - but she had to find work when he had a stretch when he was working part time and teaching part time. Now that he's full time again --- she requested to be let go to collect unemployment and now she loves it. She claims she makes just as much or close to it staying home and traveling.

    Damn skippy she'll vote for whomever would continue this --- she loves being paid for doing nothing.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Erod View Post
    Many of the unemployed simply won't do the jobs that are available to them. There are jobs out there, but they're "beneath" them.
    Many, yes, but the fundamental problem is there are far more unemployed than there are job openings.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Erod View Post
    Many of the unemployed simply won't do the jobs that are available to them. There are jobs out there, but they're "beneath" them.
    Seems those honest jobs are beneath the banksters too, but they got their money.
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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by Deuce View Post
    Many, yes, but the fundamental problem is there are far more unemployed than there are job openings.
    Can you source that please?
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Unemployment bill passes Senate hurdle

    You've been beaten!
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by danarhea View Post
    Why should it be done in the first place? But the banksters already have their billions. How about we extend unemployment benefits and take the money back from the banksters to do it? Just playing a little Devil's advocate here, but it's a funny world that doesn't do anything for workers who get laid off, but keeps the wine and caviar flowing to those who ran their banks and companies into the ground.
    All part of our growth-by-acquisition mentality these days. Hey, if profits are down, buy another company, so the RMR grows and the investors stay happy! If the economy is struggling, give unemployed people money to spend.

    As you're implying, none of this does a dang thing to address the root of the problem. In fact, it only worsens the problem because we're created a lazy nation in the process.
    Last edited by Erod; 07-20-10 at 06:19 PM.

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    Re: Unemployment benefits extension clears hurdle

    Quote Originally Posted by danarhea View Post
    I agree, but now I must ask another question - What is the difference between extending unemployment and giving billions in bailout money to the banksters?

    Could it be that our government is more sympathetic to the banksters?
    Well, I was a little torn on TARP, but ultimately I opposed it. But, by the same token, the banks (the majority at least) are not still coming back asking for more money. I imagine most people would oppose giving banks billions more in aid, and it ought to be same in terms of giving unemployed people billions more in aid. Some aid, fine, I don't love it, but I see the political reality. But it has to end somewhere, and there is really no economic benefit that we derive from it.

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