“Now, let me say about unemployment insurance, we talk about it as a safety net and the rest. This is one of the biggest stimuluses to our economy. Economists will tell you this money is spent quickly. It injects demand into the economy, and is job creating. It creates jobs faster than almost any other initiative you can name because, again, it is money that is needed for families to survive, and it is spent. So it has a double benefit. It helps those who have lost their jobs, but it also is a job creator. And for that reason, for those two reasons, at least, it should be passed, and I am optimistic that it will.”
Of course those fucking right dinger idiots falsely attacked her right away with the usual right dinger bullshit calling her comments “laughable” and “provably incorrect”. Of course those pathetic assholes were totally fucking wrong!
Both the CBO and one of McSame’s former buddies support her statements:
CBO scores "increasing aid to the unemployed" as the highest-scoring policy proposal to stimulate economy. In a January 14 report on "Policies for Increasing Economic Growth and Employment in 2010 and 2011," the nonpartisan Congressional Budget Office (CBO) stated: “Policies that could be implemented relatively quickly or targeted toward people whose consumption tends to be restricted by their income, such as reducing payroll taxes for firms that increase payroll or increasing aid to the unemployed, would have the largest effects on output and employment per dollar of budgetary cost in 2010 and 2011.”
Also McSame’s former advisor agreed as well:
In his July 24, 2008, House testimony, Mark Zandi, Moody's Economy.com chief economist and a former adviser to John McCain, rated "Fiscal Economic Bank for the Buck," defined as "One year $ change in real GDP for a given $ reduction in federal tax revenue or increase in spending." "Extending UI Benefits" was the second-highest of 13 policy options, behind "Temporary Increase in Food Stamps."
In other words the right dingers are full of fucking shit. What the fuck’s new about that? Those fucking shit for brains wouldn’t know the truth if it bit them on the ass.
Source: Media Matters
Source: Media Matters