View Poll Results: What should be done about unemployment benefits?

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  • Extend them through deficit spending

    14 21.54%
  • Extend them, but pay for them with unpaid stimulus/tarp funds

    19 29.23%
  • Don't extend them, it is unregulated welfare

    22 33.85%
  • Other, Explain:

    8 12.31%
  • Don't you touch my unemployment benefits!!

    2 3.08%
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Thread: Unemployment benefits: who's right?

  1. #111
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by haymarket View Post
    ahhh - the Cato Institute!!!

    The ridiculous idea that consumers would have benefitted from farmers selling them food at prices far below what it costs to produce it fails to take in the long distance effects of such a thing.
    Less production of food eventually. The market does know how to decrease production when it needs to. However, does it justify destroying crops when people are starving?

    Everyone should well know that if farmers as a whole cannot produce goods and make a profit at them, there will simply be no goods in that field of production in the future.
    Umm, no. No goods is wrong. You'd get less goods, but not no goods. Are you sure that you understand the law diminishing returns?

    Sure, you get a cheap burger today but no beef at all in the future. FDR knew that and his economists knew that and his agricultural advisors knew that.

    I wonder why the geniuses at the Cato Insititute do not know that.
    Because they understand economics and understand that overproduction today will only lead to less, not no production in the future. Supply will continue on that that extent at which it is profitable.

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  2. #112
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by pbrauer View Post
    Agreed, the money is much more well spent than funding two wars...
    Right, support millions of dead-beat loosers instead of securing actual assets and interests with real intrinsic value.

    Here's an idea: get a job, be an adult and take care of your own house.

  3. #113
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by haymarket View Post
    So you can read but it seems to fail to comprehend.

    Where in my post do I deny such things happened. I asked to see the proof of the allegation so I could better understand how it was being interpreted and used. I clearly stated that there were reasons for this program. Reasons that FDT understood. Reasons that farmers understood. Reasons that economists understood. And reasons that agricultural experts understood. The reason was simple: farmers could not stay in business when the price for their products were lower than their costs of production. And if farmers went out of business then Americans could not be fed. So we get a cheap burger, chicken or eggs today and eat well for a day or ten, but then we all starve down the road when there is nobody around to produce our food supply.
    Do you have any idea what it actually did? It said what? It said here is how much you can produce. Then it went out and punished those that went over what the government said. The food was BURNED, cattle was KILLED and rotted in piles all this ORDERED by the government. Not even to mention people starving that could use that food. People that made food actually lost their way of living. The act says the government gets to decide on how much is to much. How could they get it so wrong? Stupidity or on purpose? You pick which one.

    I don't really care all that much on what it was said to be about, what I care about is it results. Why are you so caught up in what it was for? What it did wasn't what they said, so what is the point exactly?
    Last edited by Henrin; 12-04-10 at 01:20 PM.

  4. #114
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    Re: Unemployment benefits: who's right?

    phattonez

    your response is so typical of libertarians. I give you the real world situation and you give me theory.
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  5. #115
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by Henrin View Post
    Do you have any idea what it actually did? It said what? It said here is how much you can produce. Then it went out and punished those that went over what the government said. The food was BURNED, cattle was KILLED and rotted in piles all this ORDERED by the government. Not even to mention people starving that could use that food. People that made food actually lost their way of living. The act says the government gets to decide on how much is to much. How could they get it so wrong? Stupidity or on purpose? You pick which one.

    I don't really care all that much on what it was said to be about, what I care about is it results. Why are you so caught up in what it was for? What it did wasn't what they said, so what is the point exactly?
    I have already picked one. And the one I picked was that this was done because it was believed it was the best way possible to get the market price of farm goods up so that farmers could make a profit, stay in business and provide a food supply for the nation for the coming years. What is so difficult about that to understand?
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  6. #116
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by haymarket View Post
    I have already picked one. And the one I picked was that this was done because it was believed it was the best way possible to get the market price of farm goods up so that farmers could make a profit, stay in business and provide a food supply for the nation for the coming years. What is so difficult about that to understand?
    That people lost their way of living because of it for starters. It's obviously a lie or a really ****ty plan made out of stupidity.
    Last edited by Henrin; 12-04-10 at 01:30 PM.

  7. #117
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by phattonez View Post
    It's a very subjective idea. I want to work full time, but I want to get paid $15 an hour with health benefits and blah blah blah. See the problem? Maybe that person can't find that full time job, so they'll take the part time job. Just because you supposedly "want to work full time" doesn't mean that your demands line up with the reality of the job market.
    then you might as well declare that there is no unemployment either; the job market simply doesn't line up with your skill set (or lack thereof), location, and legal need to be compensated above minimum wage.

  8. #118
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by Henrin View Post
    That people lost their way of living because of it for starters. It's obviously a lie or a really ****ty plan made out of stupidity.
    the second.

  9. #119
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by cpwill View Post
    the second.
    and you know this because?????

    Let me take a wild guess at the answer ... because the Cato Institiute says so? Or is it Lew Rockwell?
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  10. #120
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    Re: Unemployment benefits: who's right?

    Quote Originally Posted by haymarket View Post
    and you know this because?????
    because FDR wasn't evil; he didn't want to hurt people. he was just kind of a bumbling fool when it came to economic matters. he had no real 'plan' inasmuch as anyone has ever been able to discover (he himself described the New Deal as just a series of experiments about which he had no idea if they would work or not). hell, this is the man who would alter the official price of gold based on what numbers were lucky.

    he didn't want people to go hungry. that was just the unfortunate result of him messing around with things he didn't understand.

    Let me take a wild guess at the answer ... because the Cato Institiute says so? Or is it Lew Rockwell?
    no, his biographers generally say so. no one accuses FDR of being possessed of a particularly keen and understanding intellect. even Keynes thought his understanding and policies to be foolish.
    Last edited by cpwill; 12-04-10 at 01:44 PM.

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