"The fact is, most economists agree that extending unemployment insurance is one of the single most cost-effective ways to help jumpstart the economy. It puts money into the pockets of folks who not only need it most, but who also are most likely to spend it quickly."
Barack Obama
Let's see, the government takes money away from citizens that earn it, precluding them from the spending that income or investing the capital for the future. Then the government gives that money to the unemployed where it is spent on consumables, not in any manner is this money employed for the building of wealth. I understand that men and women need help in times of distress, but now we have the government extending benefits to over two years. At what point does the unemployed become employed? What the President says in this quotation is total bullshit. The government is taking money out of one person's pocket and putting it in another person's pocket. To a feeble minded government educated person, like myself, that is zero net equation. If you apply the tangential issue of missed capitalization opportunity, it is a net loss. Bullshit, bullshit, bullshit.......
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