Wednesday, February 22, 2012


The Weekly Standard is horrified at this perversion of all that is good and true and right:

Valerie Jarrett: 'People Who Receive that Unemployment Check Go Out and Spend It and Help Stimulate the Economy'

This evening, speaking at North Carolina Central University in Durham, North Carolina, White House senior adviser Valerie Jarrett said that folks getting and spending unemployment checks is a healthy thing ... because it stimulates the economy:

"Even though we had a terrible economic crisis three years ago, throughout our country many people were suffering before the last three years, particularly in the black community," Jarrett said. "And so we need to make sure that we continue to support that important safety net. It not only is good for the family, but it's good for the economy. People who receive that unemployment check go out and spend it and help stimulate the economy, so that's healthy as well."

(Emphasis in original.)

Good Lord -- next this madwoman will be telling us that the money people get in their unemployment checks goes to the private economy, when check recipients spend the money on goods and services! And that the merchants who receive some of that money will therefore have more money than they'd have if they hadn't received those payments!

Where do liberals get these insane notions?

(This is also at Fox Nation, where it's the lead story, under the headline "WH Senior Advisor: Unemployment Stimulates the Economy." Of course, she's not exactly saying that unemployment stimulates the economy. Ordinarily I'd assume that this is a deliberate twisting of her words, but at this point I'm not sure anymore -- do wingnuts even understand mainstream economic thinking anymore? Do they understand any economic assertion that isn't accompanied by Dagny Taggart's heavy breathing?)


The New York Crank said...

If there's a way to get the entire staff of Fox Nation fired, they could test the thesis.

Crankily yours,
The New York Crank

Ten Bears said...

I'd chalk it up to a lack of cognitive writing skills.

Grammar - it's the difference between knowing your shit and knowing you're shit.

Phil Perspective said...

Do they understand any economic assertion that isn't accompanied by Dagny Taggart's heavy breathing?

Well, yes. Stuff that is spoon-fed to them by Heritage, AEI, CATO or the Chamber of Commerce.