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GLP, I would not have you ignorant concerning unemployment benefits

 
Anonymous Coward
User ID: 5676214
United States
12/08/2012 10:51 PM
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GLP, I would not have you ignorant concerning unemployment benefits
Econ 1001


It is to your best interest that the govt pays unemployment benefit, and let me tell you why.

There is a process, called a multiplier, that works like this:

Let's say the govt pumps 1,000,000 USD into the economy in the form of payments to unemployed people. What happens to the money? Well, they probably pay at least 15% in taxes and they spend the other 85%. then what happens? The 850,000 that they spend went to became income to the people who received the funds. So they got 850,000 and paid 15% tax and in turn spent 722,500 back into the economy. Nobody saves shit. Everybody spends every penny that they get. Then the people that got the 722,500 pay their tax and spend 624,125 back into the economy. This process keeps up until the last guy gets a dollar and buys some bubble gum.

So as the process continues, the whole amount of money spent because of the 1 mil became maybe 5 million injected into the economy. In that case, the taxes would amount to about 750,000, nearly what they put in.
I'm not a mathmatician so you're just going to have to settle for my approximations. so in this case, we have a multiplier of 5.
But do you see the concept? The govt will get back nearly all or even possibly more than they spent in taxes. They money that's injected into the economy may be the money necessary for you to keep your job making whatever it is that you do. Ideally, we want these people to be come employed in the near future and start making stuff or doing stuff we want, but we DO NOT WANT THEM TO STOP GETTING MONEY AND SPENDING IT. It is not in our best interest to see the economy collapse because of this.

Those of you who seem gleeful about employment benefits running out are woefully ignorant and chicken shit. Why Chicken Shit? Because you can't stand to see other people getting money for free while you're working your ass off. Well, enlightened self-interest would dictate that you shut the fuck up and let it go.


There you go GLP. Enlightenment for the masses. Unemployment benefits are put in place to keep the economy on a smoother pace, to smooth out the recessions and depressions.\

You're welcome.
Anonymous Coward
User ID: 29345442
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12/08/2012 10:55 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
OP,my taxes are paying for that shit and they are going UP,UP. and UP so fuck you and your John Maynard Keynes bullshit!
EugeneOregonAwakened

User ID: 4123634
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12/08/2012 10:57 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
Losing your job is the most stressful life eviscerating terrifying experiences, especially when you live paycheck to paycheck as does almost all of our population, children and puppies included. it's only oversimplifying the subject that could lead to such strong negativity against it, that and utter selfishness.
Do You Guys Believe SevenOfNine and Chokotay Hook Up? Where Did That Come From?
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User ID: 28872856
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12/08/2012 11:01 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
OP,my taxes are paying for that shit and they are going UP,UP. and UP so fuck you and your John Maynard Keynes bullshit!
 Quoting: Anonymous Coward 29345442



What OP wrote is not Keynesian.

Thank you, OP, for straigthening out the ignorant fucks on here. UE is NOT welfare, and we DO pay taxes on it.

Furthermore, it may be YOU who are laid off because your company folds, work went to INDIA, or maybe because of Commiecare. Then we will watch YOUR benefits be cut off!! And they will be YOUR benefits because YOU earned them while you worked.

Stop attacking your fellow Americans who are down on their luck. If you're pissed off about spending, what are you doing to stop the MILLIONS of Turd Worlders that the feds are intentionally importing into this country who don't speak English and are given free housing, transportation, medical care, food, clothing, and education!? What about the BREEDERS who spit out kid after kid just so they can get more welfare!? THAT is a waste of tax dollars if there ever was one! But no, you jump on the unemployed!!
Anonymous Coward
User ID: 29345442
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12/08/2012 11:18 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
Did any of you fucking Obama voting idiots ever think about "saving for a rainy day" for yourself, and not putting the burden on me!!!!!!!!If I had my way I wouldn't give you shit!!!!!!!!!!!
Anonymous Coward
User ID: 1326056
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12/08/2012 11:23 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
OP,my taxes are paying for that shit and they are going UP,UP. and UP so fuck you and your John Maynard Keynes bullshit!
 Quoting: Anonymous Coward 29345442


You're taxes are not paying for it nor are your taxes going up. You're taxes are lower then they have ever been. Furthermore, employers pay unemployment insurance and then you have to factor in the billions that people on unemployment STILL pay in taxes -- property and sales. People on unemployment are just getting back a little bit of what they paid in.
Anonymous Coward
User ID: 29345442
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12/08/2012 11:27 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
6056=You are a mental case, and when this shithouse finally comes crashing down you might just FINALLY wake the fuck up...
Anonymous Coward
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12/08/2012 11:29 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
OP,my taxes are paying for that shit and they are going UP,UP. and UP so fuck you and your John Maynard Keynes bullshit!
 Quoting: Anonymous Coward 29345442


You are:

A: Totally clueless to the fact that taxpayers do not support the unemployed.

B: A useless eater that lives off of hard-working people.

C. A total fucking MORAN!

I'll take C. Alex!
Anonymous Coward (OP)
User ID: 5676214
United States
12/08/2012 11:32 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
OP,my taxes are paying for that shit and they are going UP,UP. and UP so fuck you and your John Maynard Keynes bullshit!
 Quoting: Anonymous Coward 29345442



And you are an ignorant chicken shit. Sorry, but YOUR taxes went to the Fed to pay interest. What was left went to a Liberal Gay Arts Symposium.

The Multiplier effect is not theory. It's a fact.
Anonymous Coward (OP)
User ID: 5676214
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12/08/2012 11:35 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
Did any of you fucking Obama voting idiots ever think about "saving for a rainy day" for yourself, and not putting the burden on me!!!!!!!!If I had my way I wouldn't give you shit!!!!!!!!!!!
 Quoting: Anonymous Coward 29345442



If you became unemployed, you WOULD file for your benefits. You know you would.
SilverPatriot

User ID: 10518597
United States
12/08/2012 11:43 PM

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Re: GLP, I would not have you ignorant concerning unemployment benefits
Op,

Your skewed thinking is almost perverse if people purchase necessary items then wht is not tax goes to say the food market where you purchase food and yes hopefully some goes to profit while the rest goes to insurance, employee health insurance, employee wages and of course restocking.

If obama could swell the ranks of the government dependent class then he has followers who are either incapable or unwilling to fend for their selves. It behooves obama to cultivate a government dependent class as they are too dependent to think their situation through and far too beholden to the government they are the true slaves.
Anonymous Coward
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12/08/2012 11:52 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
The Gov. should lay everyone off so we can really get the economy roaring again
Anonymous Coward
User ID: 24939861
United States
12/08/2012 11:59 PM
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Re: GLP, I would not have you ignorant concerning unemployment benefits
Here's an idea. How about we cut the corporate tax rate by about %50, then watch how fast the unemployment rate drops.

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