House Speaker Nancy Pelosi (D-CA), for her contention that unemployment checks are like creating jobs, wins the Most Ridiculous Item Of The Day award, by unanimous decision.
As a small business owner and employer, I’ve been told by people on unemployment that they’d much rather collect an unemployment check than go to work. Problem is, trying to make a person who is out of a job more comfortable with unemployment minimums rising, and the length of time they can collect increasing with extensions upon extensions, the administration and Congress are creating negative incentives for people to find and take work.
What ought to be obvious to everyone by now is, that after billions and trillions of dollars spent and borrowed in the last eighteen months under the pretense of jump-starting the economy, that President Obama and his circle of advisers either don’t have a clue how to stimulate the private sector economy to create self-sustaining jobs, OR, they are hell-bent on destroying the private sector in order to rebuild the country into another Europe.
Which one works for you?