"How are they framing the issue? The inimitable Ms. Pelosi: "Unemployment insurance, the economists tell us, returns $2 for every dollar that is put out there. People need the money. They spend it immediately for necessities. It injects demand into the economy. It helps reduce the deficit."
Think about the level of stupidity embodied in that quote. And it is awesomely stupid, when one takes it to a maximum extrapolation. If what Ms. Pelosi contends were truly the case, wouldn't it make sense to put every American on unemployment insurance? According to the Speaker of the House, that would literally double our Gross National Product. A let's not forget the additional "upside:" no one would have to work.
Perhaps such progressive insanity would be understandable if it was occurring in a vacuum. But it is not."
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