Thursday, August 11, 2011

Unemployment insurance, the new job creator!

I swear you cannot make this stuff up. The Specter of Spin, White House Press Secretary Jay Carney, had this to say in response to a Wall Street Journal reporter's question. "How the White House can claim that extending unemployment insurance actually creates jobs?" (emphasis mine):

"Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam."

What a jerk. I tell you what Jay, why don't you enlighten us unwashed rubes if you don't mind.

"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."

This isn't just a peek into the minds' of those who've partaken of the Keynesian philosophical Kool-aid, it's a full-blown exposé. So, my man Jay, if I'm to understand your, ahem, argument correctly, by paying people not to work, it will create jobs. Really? Well then let's take this to the extreme, shall we? How about everybody quits their jobs and you and your Keynesian morons in the White House just pay everybody not to work and we will have zero unemployment!! Woo Hoo, sign me up for that baby.

Seriously, where does he think the money comes from to pay these people? Oh wait, that's right from the people that actually create jobs. If you take money from them then they can't hire those same souls that are getting paid for not working.

This is exactly what happens when you get rookies in the White House. They have no basic understanding of how capitalism works (primarily because they hate capitalism). Rather than looking at all the obstacles that are preventing small businesses from hiring (e.g. oppressive regulation, uncertainty from Obamacare, the threat of rising taxes), no these idiots think that unemployment insurance is actually a job creator.

Come on everybody, let's all go get drunk and quit our job so we can help reduce unemployment!

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