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Msg. 19672 of 20747 |
Senior Obama advisor explains why high unemployment is healthy for the economy Look upon their works, ye mighty, and despair.
by John Hayward White House advisor Valerie Jarrett, whose remarkable level of power and influence in the Administration has been a topic of considerable debate, demonstrated her economic brilliance before an audience at the North Carolina Central University on Monday:
As transcribed by The Blaze, Jarrett retailed one of the Obama Administration’s most persistent fantasies – thoroughly debunked by both rational economic analysis and a casual survey of current headlines – which holds that unemployment insurance is an incredibly powerful job-creating stimulus:
Good news: according to Gallup, unemployment is on its way back up to 9 percent in February. That should flood the economy with fresh stimulus! To achieve maximum health, we should try to get back to the double-digit levels President Obama has previously brought us. Then America’s veins would be bursting with cash from unemployment checks! Remainder of article @ http://www.humanevents.com/article.php?id=49686
Good grief ... the people in the Obama Administration truly are the stupidest people on the planet!
![]() ![]() The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence |
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