Would Mitt Romney extend Unemployment Benefits?

[Ernst]

Would Mitt Romney extend Unemployment Benefits?

A lot of us have had a place to live and food to eat because we had Federal Unemployment benefits.

If it gets really bad again would Romney help us?

What do you think?

 

[thecoolman]

He would help but he probably wouldn't be stupid enough to borrow from China so people could take 2 or 3 years off.

 

[nontheist]

Question for clarification, would we have to borrow money from China to do it?

 

[thecoolman]

Of course we borrow 40 cents of every dollar. If not from China from someone else although there is the possibility the Obama
Regime would just print more money to pay for it as that's a favorite past time for them.

 

[mame]

The majority of US debt is held by US institutions. China is actually a net seller of our debt last I checked.

 

[Ringsixty]

Would Mitt Romney extend Unemployment Benefits?

A lot of us have had a place to live and food to eat because we had Federal Unemployment benefits.

If it gets really bad again would Romney help us?

What do you think?

Good question.... how long is it now?
I think he will continue it.

How long do you think it should be?

What is fair?

 

[m4a2c0e]

get a job and you wouldent be worried about it alittle money is better than no money i think mcdonalds is hiring

 

[redivider]

of course he would. he's not stupid. not extending benefits would slow the economy back to recession.... and that would make him look bad...

 

[FreedomWorks]

We need unemployment reform, not cuts. Same with social security and Medicare. Its just going to be really tough, unless Romney can repeal ObamaCare

 

[ginwilly]

Right off the bat I think probably not. He'll be able to play the mess he inherited for about a year so he can absorb bad numbers during the honeymoon. If it were close to the mid-terms or re-election then I think he'll stick to his convictions and do whatever the polls tell him his convictions are.

Edit: wouldn't people coming off of unemployment actually make the UE rate go down? I mean, don't they just move those folks to the "no longer looking for work" category for the purpose of counting?

 

[an11dy9]

Besides SNAP, Unemployment insurance in the number one wealth multiplier. Something like $1.00 = $1.30.... < that could be wrong... but close. I'm not sure of the exact ratio. Beneficiaries of programs such as SNAP and unemployment insurance need the benefits. Therefore as soon as they get it, they spend it, in general that is. Basically they don't save it because they are out of work. They go to the store and spend it on food, rent, ect. EX. Go to the store, buy corn. Cashier gets paid, managers staffed and get paid, store profits, more drivers needed to deliver the corn, farmers have more demand for their corn, ect. Unemployment insurance is a wealth multiplier, 2nd best. Unlike tax cuts to the very wealthy who tend to save it. Tax cuts to upper income earners usually generate like 75 cents on the dollar. If we were to end unemployment insurance with high Unemployment numbers like we do, the economy would slow to a crawl due to the lack of- lets say stimulation. Stores wouldn't sell as much, landlords wouldn't get paid, then the landlords don't go to the store as much, maybe skip a vacation... Nasty cycle. ECONOMICS 101

 

[an11dy9]

I will look up those exact number at the B. of Labor and Stats if somebody is interested. Tomorrow though! Hittin' the sack, long day!

 

[beenthere]

Besides SNAP, Unemployment insurance in the number one wealth multiplier. Something like $1.00 = $1.30.... < that could be wrong... but close. I'm not sure of the exact ratio. Beneficiaries of programs such as SNAP and unemployment insurance need the benefits. Therefore as soon as they get it, they spend it, in general that is. Basically they don't save it because they are out of work. They go to the store and spend it on food, rent, ect. EX. Go to the store, buy corn. Cashier gets paid, managers staffed and get paid, store profits, more drivers needed to deliver the corn, farmers have more demand for their corn, ect. Unemployment insurance is a wealth multiplier, 2nd best. Unlike tax cuts to the very wealthy who tend to save it. Tax cuts to upper income earners usually generate like 75 cents on the dollar. If we were to end unemployment insurance with high Unemployment numbers like we do, the economy would slow to a crawl due to the lack of- lets say stimulation. Stores wouldn't sell as much, landlords wouldn't get paid, then the landlords don't go to the store as much, maybe skip a vacation... Nasty cycle. ECONOMICS 101

Kind of a clever way to justify people getting free money, didn't work but still clever!

 

[fb360]

Dey Tuk Urrr Jobss

 

[Harrekin]

The majority of US debt is held by US institutions. China is actually a net seller of our debt last I checked.

They hold 3-4.5 trillion dollars in treasuries out of a total national debt of 14-16 trillion? 25% (ish) might not be a majority, but they hold enough to topple the house of cards.

 

[UncleBuck]

Kind of a clever way to justify people getting free money, didn't work but still clever!

it wasn't a justification, it was a listing of facts.

unemployment insurance get spent back into the economy, increasing demand.

but i forgot that racist nigga haters like yourself don't give a shit about facts that don't fit your narrative of things.

 

[Harrekin]

it wasn't a justification, it was a listing of facts.

unemployment insurance get spent back into the economy, increasing demand.

but i forgot that racist nigga haters like yourself don't give a shit about facts that don't fit your narrative of things.

It's not cost effective to redistribute, regardless of whether you morally agree with it or not, it's a net negative on the economy because of ridiculous administration costs.

Infact welfare is the biggest "crippler cross face" on our economy and the sole reason it isn't "coming up like a sky-boy on speckled mitzis".

Dont let there get like here...

 

[ChesusRice]

It's not cost effective to redistribute, regardless of whether you morally agree with it or not, it's a net negative on the economy because of ridiculous administration costs.

Infact welfare is the biggest "crippler cross face" on our economy and the sole reason it isn't "coming up like a sky-boy on speckled mitzis".

Dont let there get like here...

your whole country is a welfare state

 

[Carne Seca]

of course he would. he's not stupid. not extending benefits would slow the economy back to recession.... and that would make him look bad...

No he wouldn't. And yes, he is stupid. This is the same man that, through Bain, destroyed companies, livelihoods, life savings, pensions, and human beings. He got rich off the misery of his fellow citizens. Middle class productive people with jobs and homes. People that he helped impoverish. People that died because they didn't have money to cover medical costs due to lack of insurance and income. Do you really think he is going to give two shits about the unemployed? He already stated that 47% of the nation are nothing but moochers and losers (paraphrasing). He is the Corporate puppet and will dance to their tune. You can kiss medicare and medicaid goodbye. We will have a voucher system that won't even come close to covering the ever increasing high cost of profit driven medical care. Plus affordable coverage will be a thing of the past. We truly will have "death panels" at that point.

Mitt Romney is out for one thing. His own glory. Sacrificing the well being of hundreds of thousands of people would be nothing to him.

 

[Rob Roy]

Would Mitt Romney extend Unemployment Benefits?

A lot of us have had a place to live and food to eat because we had Federal Unemployment benefits.

If it gets really bad again would Romney help us?

What do you think?

I think the question is flawed...

How is putting people deeper in debt with stolen money helping them?