Business

CBO: If We Extend Unemployment Benefits, It’ll Create Jobs & Boost GDP!

The Congressional Budget Office (CBO) in a report released on Wednesday claims that extending long-term unemployment benefits for another year would add 300,000 jobs to the economy.

No, seriously.

“The analysis … from the nonpartisan office estimates that keeping jobless benefits would cost the government $30 billion. But it would also lead to more spending by the unemployed, boosting demand for goods and services and creating new jobs [emphasis added],” the Associated Press notes.

Of course, as the AP neglects to mention, the CBO also warns that extending benefits would “[provide] an incentive for recipients to stay unemployed longer than they otherwise would have.”

And in case you weren’t aware, there’s a battle raging in D.C. over extending said benefits.

“Federal long-term unemployment benefits are set to expire on Dec. 29 for more than 2 million workers unless Congress approves an extension,” the AP report adds.

Democrats, as many Blaze readers know, are fighting with everything they have to extended unemployment benefits, but Republicans oppose the move without at least a few spending cuts to “offset the cost.”

“This report is more evidence that extending help to those who are seeking work is a better investment for our economy than extending tax breaks for those resting comfortably atop the economic ladder,” said Rep. Lloyd Doggett (D-Texas), a member of the House Ways and Means Committee.

Extending unemployment benefits is a better economic investment than tax breaks for the so-called “one percent” (i.e. people who own, run, and create businesses)?

“The CBO report found that for every dollar of jobless benefits that the unemployed spend, there is a $1.10 boost to the economy,” the AP notes.

Then that settles it! Everyone should go on unemployment and help boost the economy!

But seriously, folks, this isn’t economically sustainable. First, there’s the cost [via CNN Money, emphases added]

Jobless Americans have collected more than half a trillion dollars in benefits over the past five years. State and federal unemployment insurance programs have cost roughly $520 billion.

[...]

Extending federal jobless insurance next year could cost as much as $30 billion …

Second, remember what the CBO said about incentivizing people not to work? Yeah, as mentioned earlier on TheBlaze, that’s already a thing:

“[It] is now more lucrative — in the form of actual disposable income — to sit, do nothing, and collect various welfare entitlements, than to work,” Zero Hedge grimly notes.

… either [be] on the left side of minimum US wage, and [rely] on benefits, or move to the right side at far greater personal investment of work, and energy, and … have the same disposable income at the end of the day,” the Hedge notes.

Final Thought: Seriously, if unemployment aid boosts GDP, then why not put ​everyone ​on it?

Follow Becket Adams (@BecketAdams) on Twitter

Featured image courtesy Getty Images.

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Comments (143)

  • msconstrue
    Posted on November 30, 2012 at 2:57pm

    F.u.b.a.r..!!!!!!!!!!!

    Report this comment

    msconstrue  
    • Lord_Frostwind
      Posted on November 30, 2012 at 3:23pm

      Somebody make the voices stop, I just can’t take the stupidity any longer.

      Seriously, where do we keep digging up these idiots from to put in charge of things. It’s like they find every high school dropout who flunked math and put them in charge of the budget. This kind of economic math is somewhere at the junction of lying and insanity. It’s the same madness that somehow has infected the collective conscious into thinking the War on Poverty has been a good thing when it has been an utter abject failure.

      Report this comment

      Lord_Frostwind  
    • Detroit paperboy
      Posted on November 30, 2012 at 3:27pm

      We have lost the soul of the nation……….Period.

      Report this comment

      Detroit paperboy  
    • Gold Coin & Economic News
      Posted on November 30, 2012 at 3:29pm

      Stupid, stupid, stupid! With that kind of reasoning why don’t we just have everyone in the country go on unemployment? Wouldn’t that solve the problem?
      http://www.youtube.com/watch?v=utUR-QybXKU

      Report this comment

      Gold Coin & Economic News  
    • doomytram
      Posted on November 30, 2012 at 3:49pm

      We will pay you for two years and that’s Obama’s 300,000 jobs plan. If there were no craw dad’s we ate sand…..

      Report this comment

      doomytram  
    • black9897
      Posted on November 30, 2012 at 4:01pm

      GDP is flawed logic anyways.

      http://www.youtube.com/watch?v=8b7mgxaxN1U

      Report this comment

      black9897  
    • NHwinter
      Posted on November 30, 2012 at 4:04pm

      These people are nuts. Anyone with a smidge of intelligence will not fall for their nonsence. Oh wait, Obama won, guess I am wrong. 50 + % are that dumb.

      Report this comment

      NHwinter  
    • The_Jerk
      Posted on November 30, 2012 at 4:38pm

      Moochers.

      Report this comment

      The_Jerk  
    • msconstrue
      Posted on November 30, 2012 at 4:38pm

      there is no honor just sitting around on your back-side drawing a check from the government. at the very least, there should be some form of education or job training involved.

      as i said….fubar!!

      Report this comment

      msconstrue  
    • RebelPatriot
      Posted on November 30, 2012 at 5:16pm

      They want everyone on unemployment. No jobs, no wealth and no voice.

      I’m getting dizzy watching our country slowly spiral down the toilet drain.

      December 21st is only three weeks away. I’m hoping for an end or a new beginning.

      Report this comment

      RebelPatriot  
    • DarkJello
      Posted on November 30, 2012 at 6:03pm

      The gimmedat voters need their reward. Thanks and please your highness…

      Romney was wrong about the 47%. Apparently 52% have decided America shall fail!!

      Report this comment

      DarkJello  
    • phil1765
      Posted on December 1, 2012 at 8:02am

      jeez this crap is getting really old now. How in the @#$% does paying a person for sitting at home on thier ass improve the economy? I swear I am getting close to the point where my head is going to explode. All of this crap is so unbelievably stupid. I am not a Rhodes scholar by any means but I must be a genius compared to over 50% in this country. I pray that somehow, someway God is able to restore some sanity in this country. I knew Obama getting elected the first time was going to be bad, but after him getting re-elected with 8% unemployment what does that say about our country? Guess voting for your color, and whether the dipstick elected will give you free birth control and unlimited abortions is more important than the very survival of the country. Without Gods intervention we are absolutely doomed. Sorry to my kids and grandkids this is not the country that I wanted you to grow up in.

      Report this comment

      phil1765  
    • rickroland
      Posted on December 1, 2012 at 11:25am

      @LORD_FROSTWIND — It’s worse than that — These economists went to college to become this stupid.

      Report this comment

      rickroland  
    • jaylew
      Posted on December 1, 2012 at 3:24pm

      The CBO used to be a fairly reliable source of fiscal truth. Apparently they have now been penetrated and infiltrated by magicians who lean left. The notion that churning Unemployment Benefits back into local economies is a great thing to make things better is preposterous on its fiscal face. Here is a sobering truth…..there are times in life when things just did not work out as we planned they might. The measure of the success of every person is not the money they have made…but rather how they handled the adversity and made adjustments and changes to get going once again in an upward positive direction. And sadly that might mean you have to move. The damage to Staten Island might be a contemporaneous example of such a dilemma. Allowing a person of 99 weeks of Unemployment Compensation is simply a slow form of disappointing torture….and for the CBO to suddenly change in that direction is a really really bad sign. Now apparently all future languishing and unemployed…must do so and remain in place. The Nazi’s did something very similar to the people it disliked. Same thing…different time…..this is not revisionist history…..it is totally Jim Jones……those who forget the past are doomed to repeat it…..and now Uncle Sam is the new Jim Jones.

      Report this comment

      jaylew  
    • SolitudeBliss
      Posted on December 2, 2012 at 9:18am

      STOP THE Insanity !!!!!

      Report this comment

      SolitudeBliss  
    • Crazyotto
      Posted on December 2, 2012 at 11:11pm

      Fubar!

      Report this comment

      Crazyotto  
  • Gary_K
    Posted on November 30, 2012 at 2:55pm

    I will have what piglosi and the CBO drink….seems to dull the mind a lot.

    Report this comment

    Gary_K  
  • UNALIEN
    Posted on November 30, 2012 at 2:51pm

    It is absolutely .. TRUE

    More money = higher GDP,, however it is an example of the

    “broken window fallacy” the seen vs the unseen

    What is unseen is that it steals future “productivity” and spends it now, but worse,, it comes with an interest payable.. it is a ponzi scheme rewarding nonproductive behaviour which must be paid by future productive behaviour

    Report this comment

    UNALIEN  
    • Walkabout
      Posted on November 30, 2012 at 4:32pm

      Good Post

      Report this comment

      Walkabout  
    • jaylew
      Posted on December 1, 2012 at 3:29pm

      absolutely correct…..a temporary fix to human conditions…..always ends up killing people or worse..ruining their own priceless hearts and souls. I think folks might need to rent the Killing Fields movie and watch it again…..and yes….this “I’ll fix it it for ya” flippant president of ours has made a living off being such a soul s*.u*cker.

      Report this comment

      jaylew  
  • Depressed_American
    Posted on November 30, 2012 at 2:51pm

    How stupid do they think “most” Americans are??? I say “most”, because there are SOME Americans who believe anything that this government has to say…….

    Report this comment

    Depressed_American  
    • Chromo200
      Posted on November 30, 2012 at 3:29pm

      Most are .. they voted for the socialist . The Obamazombies will believe anything he says.

      Report this comment

      Chromo200  
  • DesertRose1960
    Posted on November 30, 2012 at 2:49pm

    Becket, Did you take an economics class? Have you studied what’s happening in the economy? In the last 30 years, the portion of the GDP controlled by the top 1-2% has grown from 10% to 20%, worker productivity is up by about 200 percent since the 1960s, but “real wages” expressed in “constant dollars” has been stagnant since Richard Nixon’s days. The top 1-2% have seen their incomes go up about 275%, but they haven’t reinvested their money in improving worker wages, they’ve sat on the money. When an unemployed worker gets their little check, they pay rent or buy groceries or buy gas or clothes. They may even, oh the horror, buy toys for their children or grooming for the dog. They might pay a doctor bill! Nearly every penny they receive goes out to some business for some expense. Doing all the things I just said makes jobs for other people: grocery cashiers, landlords, gas station owners, retailers, doctors and hospitals, small businesses, etc. It keeps other people employed. When a business sees more people coming in, they might hire more people and some of the unemployed will get jobs and they won’t be unemployed and they’ll be paying income taxes again. That’s what the CBO is saying.

    Report this comment

    DesertRose1960  
    • booger71
      Posted on November 30, 2012 at 3:52pm

      The more you take from the productive, the less they are willing to invest in the economy, like you said, they hold on to it, and by the way it is their money, not the government’s or the recipient class.

      Report this comment

      booger71  
    • Walkabout
      Posted on November 30, 2012 at 4:11pm

      I do not like the fact that Bill Gates & others own so much. I personally don’t believe that Bill Gates is that smart. He is smarter than average. But I know form the much maligned book “The Bell Curve” that the average has been rising for a long time. So what does above average really mean? Back to Mr Gates. He did not create DOS. He bought the rights to it. He knew how to market it & grow the business up to a point. I do not think that he would be so successful now. Actually I expect Microsoft to implode ( I know he no longer runs it). It is being run by people like “Howard Prescott” IMHO, which usually what happens to large organizations especially large non profits.

      For all that I think the cure of wealth redistribution is worse the “disease”. Gate’s wealth will be transmitted down to his children & grandchildren, but it would dissipate over time with or without government confiscation and regardless of the guilt trip he laid on himself. For examples just look at the Krupps or Fuger fortunes. There was a Rockefeller recently in Congress, but is wealth was nowhere as large as his forebearer & any that he kept or made larger was more due to him being in congress than inheriting it.

      If all we had to do was spend money & the economy would roar, then Pelosi would be economically wise & the last stimulus would have already worked.

      If you really want to know the psychology of work, wealth then read up on the work of the “Monkey Whisperer”. People l

      Report this comment

      Walkabout  
    • Walkabout
      Posted on November 30, 2012 at 4:12pm

      People like her … are putting the bits & pieces of the psychological puzzle about how people work & what is fair.

      Report this comment

      Walkabout  
    • DesertRose1960
      Posted on November 30, 2012 at 4:24pm

      @Booger71, You’re correct, if you are taking from the productive. The Wall Streeters aren’t producing anything. They make their money by pushing other people’s money around, by gambling with the money. Let’s see, that was what Ronald Reagan said about thirty years ago, around the time he was rewriting the tax code to drop the taxes on those folks from 70% to 35%, the response was a bout of mergermania that cut jobs and DROPPED worker wages by about 15% and ballooned the national debt. George Bush instituted those taxcuts that dropped the tax rate from 39% under Clinton to the present 35%. The result was another bout of mergermania and the eventual collapse of the economy under “too big to fail” in 2008. We bailed those folks out and they are still sitting on the windfall profits they made while millions of the rest of us are struggling with unemployment, underemployment, and foreclosures. And even if you picked a house you could afford and have never risked foreclosure, you still have to deal with the foreclosure crisis’ affects on the value of your own home as your neighbors lost their homes and homes in the neighborhood stayed vacated for months and even years. What economics clearly shows us, if you damage the Middle Class, the workforce, you damage the entire economy from the 90% on down and the very poor suffer the most. That top 10% is mostly insulated, even if they lost millions of dollars, they didn’t feel it as much as I would miss $10,000

      Report this comment

      DesertRose1960  
    • DesertRose1960
      Posted on November 30, 2012 at 4:39pm

      @Walkabout Did I say I wanted to redistribute wealth? I’m not sure who the Fugers were but the Krupp family was German and they made their money in an unregulated free market economy. They may have amassed millions of dollars, but their workers were probably poor and got nothing out of it. Currently, the distribution of wealth in this country is what it was in the 1920s, around the time of the Crash and before the explosion of the Middle Class after Progressive reforms and the regulation of the financial industry following the Great Depression and WWII. Santos’ work might be interesting in an anthropolgy class or animal behavior class, but it doesn’t really compute as an application to the modern world. By the way, Bill Gates may have stolen DOS and Windows, but he still produced something. So did Steve Jobs and even Michael Moore. The Wall Streeters play with money, they don’t actually make anything beyond more money for themselves and their investors, who were rich to start with, and they took it from the rest of us.

      Report this comment

      DesertRose1960  
    • Git-R-Done
      Posted on November 30, 2012 at 9:24pm

      Desertrose1960 – You show what a moron you are at economics. How did the “evil” rich Wall Street bankers take from you bums anyway? It’s not like you had any money to begin with.

      At least the Wall Street people produce wealth. What do you losers produce?

      Report this comment

      Git-R-Done  
    • UNALIEN
      Posted on November 30, 2012 at 10:19pm

      @DESERTROSE1960

      You identified symptoms, but not the cause….

      The reason that there has been wealth disparity and wage stagnation is…

      inflation.. currency devaluation and debt expansion… why

      the wealthy have assets and most their wealth has risen based on assets or said another way the devaluation of the currency (inflation) in the last thirty years has negatively affecting wage earners and benefitted those with assets…

      look at the debt charts, it matches perfectly and starts ramping in the 70′s also the peak in real wage earnings..

      Who is to blame,, NeoKeynesianism, debt expansion by both parties…. who have embraced this ponzi scheme

      Government debt expansion hurts the wage earners more than asset owners as assets protect “wealth” from the impacts of inflation…. and we are getting very close to a massive inflationary depression…

      The Fed and Gov want inflation and require it to function…

      Report this comment

      UNALIEN  
    • Lt_Scrounge
      Posted on December 2, 2012 at 8:47pm

      Desertrose, you are obviously greatly confused about the investors that hedge fund managers manage the money for, Obamao’s main contributor George Soros excepted. The bulk of stock in companies in this country is owned by PENSION PLANS, not individuals. Over 65% of Exxon/Mobil is owned by either pension plans or IRAs/401ks. Jay Rockefeller is quite wealthy and far more of it is from the TRUST FUND that his grandfather , John D Rockefeller, set up before his death than from his salary as a Senator. Hedge fund managers get paid for making their clients money, if they fail to produce income for their clients, they don’t get paid. They get paid in the only truly honest pay plan, commission. Some do have minimum guarantees in their employment contracts (Yes, they have employment contracts just like union workers, but they get paid to produce, not sit around and do nothing like union workers.) but many are paid solely by how much business they bring into their company.

      Report this comment

      Lt_Scrounge  
  • CWPrequired
    Posted on November 30, 2012 at 2:48pm

    “for every $1 spent there is a $1.10 boast to the economy” It’s sounding more and more like the old Amway pyramid every time the CBO comes out with a report these days. And we all know who’s at the top….government employees.

    Report this comment

    CWPrequired  
    • doomytram
      Posted on November 30, 2012 at 2:57pm

      Like when you give a dollar to the food rescue centers, and they tell you that you will feed the poor 9 meals with that 1 dollar.

      Report this comment

      doomytram  
    • Cavallo
      Posted on November 30, 2012 at 2:58pm

      How many dollars does it cost to spend $1? After it has gone through the bureaucracy I wouldn’t be surprised if it takes 10$ to spend every $1. Gotta pay off all those government systems, employees, utilities, cars, computers and such to get that money to the end recipient.

      Report this comment

      Cavallo  
    • Garman1
      Posted on November 30, 2012 at 3:30pm

      Great comments. Also, how much did we have to borrow plus interest to get the $1

      Report this comment

      Garman1  
  • MoGyver
    Posted on November 30, 2012 at 2:48pm

    They say that “necessity is the mother of invention.” Since the government has taken away the “necessity” to make ends meet, I shudder to think of the innovation that has been stifled over the years. Now, the creativity that once was directed to best serve your fellow man (and make money at it in the process) has been RE-directed to best serve one’s self. The question is all too often now “How can I get the most out of the system?” (and, to be fair, there’s also a fair amount of creativity redirected from “How do I best grow this business?” to “How do I best protect my business from tax and legal liability?”)

    It’s an unfortunately reality that it’s more of the same coming down the line.

    Report this comment

    MoGyver  
  • Cavallo
    Posted on November 30, 2012 at 2:48pm

    ” State and federal unemployment insurance programs have cost roughly $520 billion.”

    And just think.. we were all excited and it was covered on every news program about an amount of money that was about 1 % of that amount for the powerball. It is all just numbers and digits to these people anymore, … just tack on a few zeros.. use all the money you want, we’ll just print more.

    Report this comment

    Cavallo  
  • ricckky
    Posted on November 30, 2012 at 2:45pm

    OMG-Are these people for real?–I can’t even comment on something as inane as this. If these are the people running our Country–we are in worse shape than I thought—We will be Greece sooner than I thought!!!!!

    Report this comment

    ricckky  
    • drvens
      Posted on November 30, 2012 at 3:35pm

      I agree, we are in worse shape than many think. However, I think the word you wanted was “shouldn’t”, or better yet “wish I didn’t have to”. “I *shouldn’t* even comment on something as inane”, or “I wish I didn’t have to even comment on something as inane”, not “I can’t even comment on something as inane.” Because you obviously CAN comment on it.

      Report this comment

      drvens  
  • Snowleopard {gallery of cat folks}
    Posted on November 30, 2012 at 2:43pm

    Insane idiocy to the extreme as only the Democrats are capable of doing.

    Report this comment

    Snowleopard {gallery of cat folks}  
  • BlackCrow
    Posted on November 30, 2012 at 2:42pm

    Insane! The monkeys are running the zoo.

    Report this comment

    BlackCrow  
  • progressiveslayer
    Posted on November 30, 2012 at 2:41pm

    And people wonder why we’re screwed,we have idiots like this in government. Extending unemployment benefits creates more unemployment because when you subsidize something you get more of it.

    Report this comment

    progressiveslayer  
    • Pork_Anvil
      Posted on November 30, 2012 at 2:54pm

      Hey ProgSlayer, have you had your yogurt today!

      Report this comment

      Pork_Anvil  
    • progressiveslayer
      Posted on November 30, 2012 at 2:59pm

      I’ve had my fill of BS from simpletons like you,now go stand in front of a speeding train pork pole puffer.

      Report this comment

      progressiveslayer  
    • The-Monk
      Posted on November 30, 2012 at 3:15pm

      Tick tock, tick tock…. EtchySketchy

      Your 5 pm deadline is approaching….

      Report this comment

      The-Monk  
    • Walkabout
      Posted on November 30, 2012 at 3:19pm

      User Profile: Pork_Anvil
      Member Since: November 02, 2012
      Profile: New sock puppet for old troll LULZ!

      Pork_Anvil
      Hey ProgSlayer, have you had your yogurt today!
      ***
      What is wrong with yogurt? Do you realize that cheese has been used as a deciding factor in battle? I mention this because Conservatives/Libertarians look at all the angles. We have to deal with reality, unlike leftist policy wonks & their prog followers. So I ask you what is wrong with yogurt?

      Report this comment

      Walkabout  
    • The-Monk
      Posted on November 30, 2012 at 3:28pm

      Hi Walkabout,

      Here’s his old profile; he’s a paid, 9 to 5 troll.
      http://www.theblaze.com/users/etchasketch/

      Also, next time Monicne bothers you click on it’s name and you’ll find the true person behind that troll; http://www.theblaze.com/users/sleazyhippo/

      Report this comment

      The-Monk  
    • Anonymous T. Irrelevant
      Posted on November 30, 2012 at 3:35pm

      @WALKABOUT
      Too bad we can’t see the people who got kicked off, and when. We could match some people up pretty fast. PORK_ANVIL/PANTLOAD sound like ETCHASKETCH to me.
      I think poor ole TIM/ILIKEPEOPLE/WATERSPEOPLE gave up or finally found the right institution.
      Unlike PORKYPANTLOAD, at least Tim contributed positively to the conversation.

      Report this comment

      Anonymous T. Irrelevant  
    • The-Monk
      Posted on November 30, 2012 at 3:45pm

      Hi Anonymous T. Irrelevant,

      Pantloadian was Wango….

      http://www.theblaze.com/users/wango/

      Here’s where he admits it….
      http://www.theblaze.com/stories/rock-band-combats-liberal-attacks-on-the-national-anthem-with-this-patriotic-star-spangled-banner-video-challenge/

      Rock Band Combats Liberal Attacks on the National Anthem With This Patriotic ‘Star-Spangled Banner’ Video & Challenge
      November 11, 2012 at 7:41pm
      In reply to fiveft15.
      Mr. Infection. It’s all true, that hall monitor is right. Se moi, Wango. Hail Rush. Go Sarah.

      Report this comment

      The-Monk  
    • Walkabout
      Posted on November 30, 2012 at 4:12pm

      Monk,
      Hopefully all went well yesterday.

      Report this comment

      Walkabout  
    • Walkabout
      Posted on November 30, 2012 at 4:17pm

      I found a dangerous troll somewhere. He was hooked up to some hackers. I expect him to come here at some point. He has been mixing it up at 3 other sites. It is just a matter of time.

      Report this comment

      Walkabout  
    • The-Monk
      Posted on November 30, 2012 at 4:21pm

      Hi Walkabout
      “Hopefully all went well yesterday.”

      Thanks, it was a pretty good interview. They are still interviewing through today.

      Got a name for that troll?

      Report this comment

      The-Monk  
  • Rational Man
    Posted on November 30, 2012 at 2:41pm

    A perfect example of insanity.
    Wonder if an online dictionary will pick up this CBO report and use it.

    Report this comment

    Rational Man  
  • PapaJohannesPatriot
    Posted on November 30, 2012 at 2:40pm

    The inmates are running the asylum again.
    Hey, give me a million dollars and I’ll definitely spend it. That should help the economy. Heck, make it a billion and I can really help the economy.

    Report this comment

    PapaJohannesPatriot  
  • mcsledge
    Posted on November 30, 2012 at 2:40pm

    And 2 + 2 = 5 or something like that.

    Report this comment

    mcsledge  
  • doomytram
    Posted on November 30, 2012 at 2:38pm

    If you have a pulse and don’t have a job, then you work for the government. Problem solved unemployment is now Ozero.

    Unemployment checks for two years creates 300,000 jobs a year, like feeding 60 million people with snap stamps makes you healthier. The stamp snap commercials tell you stamps make you healthier, but not if you use the stamps for Cake Icing, honey buns, Gatorade, Choc. Bars. etc etc. etc. Does unemployment checks for two years make you look harder or softer for a new job?

    Report this comment

    doomytram  
  • MN NICE
    Posted on November 30, 2012 at 2:38pm

    Great A N A L ysis you dumb sob’s!!! I must be a friggin idiot to continue to work full time… I’m making about half of what I was five years ago, and if the part of the construction industry I’m involved in tanks after the first of the year, I have some doubts that my expenditures will be contributing to boost the economy… Should have been a politician – doesn’t appear you need any skills or knowledge to be competitive in that ‘business’.

    Report this comment

    MN NICE  
  • Rowgue
    Posted on November 30, 2012 at 2:37pm

    And people are supposed to take the CBO seriously? What kind of morons do they have to be to put out a statement like that and not be embarrassed to be associated with it.

    Report this comment

    Rowgue  
  • toiletclogga
    Posted on November 30, 2012 at 2:36pm

    When something comes attached with the caveat “non partison” you can probably bet that the findings are partison! i.e. CBO and Supreme Court!

    Report this comment

    toiletclogga  
  • ArmedAndReallyPissed
    Posted on November 30, 2012 at 2:35pm

    My thinking exactly !!! I think no one should work ! No one ! Ever ! Free money from the Bernanke Bucks Machine for everyone for life !! Is this a great Country or what ? I mean, this type of thing has worked before, right ?

    Report this comment

    ArmedAndReallyPissed  
  • tzion
    Posted on November 30, 2012 at 2:34pm

    Getting them off unemployment and back into the workforce would have the exact same impact.

    Report this comment

    tzion  
  • huey6367
    Posted on November 30, 2012 at 2:32pm

    I would like to see a detailed explanation of this “logic”.

    Report this comment

    huey6367  
  • Cavallo
    Posted on November 30, 2012 at 2:29pm

    Makes economic sense until it collapses the system.

    Report this comment

    Cavallo  
  • MCON29
    Posted on November 30, 2012 at 2:28pm

    what?

    Report this comment

    MCON29  
  • gyro
    Posted on November 30, 2012 at 2:28pm

    Make it life time !!! and pay more !!!
    not on topic but a question?
    should loto money WON from goverment given money not be taken by the goverment and returned to tax payers who actualy worked for it ?

    Report this comment

    gyro  
    • doomytram
      Posted on November 30, 2012 at 2:46pm

      We could our federal leviathan by 90% and handle everything at the state level, and then pay every man, women, and child 100k per year working or not and run the country without a deficit. Anything is better than this Ba-fffing-na-na Re-effing-pub-lic!

      Report this comment

      doomytram  

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