Sunday, July 31, 2011

Flashback: Pelosi says "Unemployment benefits are creating jobs faster than practically any other program!"

Remember this (Video: Pelosi says "Unemployment benefits are creating jobs faster than practically any other program!")?:
Pelosi said this July 1, 2010. Just over a year later, where are those jobs? Instead of more jobs, we have an economy in a tailspin: WE'RE BEING LIED TO! First Quarter GDP revised down to 0.4% from 1.9% With the unemployment rate at 9.2% 2 1/2 years after Obama promised it would never go above 8, we have fewer jobs and a buttload of more debt. With all those on the unemployment dole, shouldn't we be having an economic banana?

By Pelosi's logic, we should all quit our jobs and become unemployed artists and musicians, because you know - that would be awesome for the economy. This woman isn't qualified to sit on the local school board. She is an absolute and utter idiot and is 3rd in line for the Presidency.We are truly living in a kakistocracy where the least qualified among us are running the show. From FoxNews last year:
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday.
How about we just ditch everything else and make sure every able bodied American is unemployed then? Um - wait a minute. Isn't that precisely what Obama is doing?
Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job.

"It injects demand into the economy," Pelosi said, arguing that when families have money to spend it keeps the economy churning. "It creates jobs faster than almost any other initiative you can name."

Pelosi said the aid has the "double benefit" of helping those who lost their jobs and acting as a "job creator" on the side.
Good. Grief. Nancy Pelosi can be summed up in this one phrase: the wheel is spinning, but the hamster's dead. And the results are always bad.