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| Economy |
| Extend benefits a year and create 300,000 Jobs |
| 2012-12-14 |
| Posted by:Dale |
| #10 Is everyone in Washington insane? No. Where do you think the majority of those "jobs" will be created? |
| Posted by: tu3031 2012-12-14 20:04 |
| #9 I was curious what might be said here on the berg. I was at a loss for words myself. This current administration will have no qualms supporting this. |
| Posted by: Dale 2012-12-14 19:57 |
| #8 Perhaps not everyone, but Mostly. Especially those with a "D" Gesignation, to rule, not with for justice for all, but for some. |
| Posted by: Redneck Jim 2012-12-14 17:48 |
| #7 Is everyone in Washington insane?" Ummm, yes. |
| Posted by: Redneck Jim 2012-12-14 17:45 |
| #6 "Could anyone explain to me how this works? Is everyone in Washington insane?" -- JohnQC No. Yes. |
| Posted by: Barbara 2012-12-14 17:13 |
| #5 The "hole digging fallacy" extends or is a useful corollary to the "broken glass fallacy" in economics. |
| Posted by: JohnQC 2012-12-14 17:04 |
| #4 Could anyone explain to me how this works? Is everyone in Washington insane? |
| Posted by: JohnQC 2012-12-14 17:00 |
| #3 The underlying principle involved here relates to the well known economic fact that if you have a person dig a hole, and have another person fill in the freshly-dug hole, you've created two jobs. I'm pretty sure Marx talked about exactly this in Das Kapital. |
| Posted by: Steve White 2012-12-14 16:06 |
| #2 Wouldn't extending the benefits make the unemployment figures much much worse? Since the vast majority of it's so-called 'improvement' is due to people running out of benefits and no longer being counted. |
| Posted by: CrazyFool 2012-12-14 15:04 |
| #1 Do they JMTSU as they go along? And I have a hard time believing this would 'create' 300,000 jobs. Maybe it would prevent 300,000 people from losing a job. Assuming it would 'create' 300,000 jobs, that's $100k per job. Not exactly cheap. |
| Posted by: eltoroverde 2012-12-14 14:37 |