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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (586533)9/20/2010 4:57:37 PM
From: SilentZ  Read Replies (4) of 1575184
 
>There is nothing agnostic about calling unemployment checks "stimulus." It's a twist on Keynesian economics, which I doubt even Keynes himself would support because the key purpose is to "prime the pump."

Why isn't that pump priming? If the money gets spent (which it does), then it does the job.

>Funding continuous unemployment runs counter to that purpose. I would even argue that it destroys the Keynesian model.

It's not funding continuous unemployment. There can be something of a case to be made that unemployment benefits keep people from working when unemployment rates are very low. But not now.

THERE. ARE. NO. JOBS.

-Z
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