Pelosi and Stimulating Jobs

Nancy Pelosi was once again speaking out of her ass the other day when she suggested that one of the biggest ways to stimulate the economy is to provide unemployment checks to those who are unemployed. She indicates that money is used to spend money, and that helps to create jobs.

Well, if that isn't a head scratcher, I don't know what is. If it was as simple as that, wouldn't we have zero unemployment? When someone loses a job, all we gotta do is write them a check, they spend it, and a job is created!

Ok, so, why are we stuck near 10% unemployment? We've been writing to checks to some folks for over a year. What are they doing with that money? Stuffing it under their mattress? Oh, wait, they are using it to pay their rent or mortgage, and by some groceries. Other than that, their isn't enough money in those checks to spend it on much else.

I believe we need a safety net such as unemployment insurance. However, the notion that it creates jobs is just an outrageous fabrication, and another example of Democrats grabbing at straws and trying to pull on the heartstrings of voters who are sick of all the wasteful spending in DC. The Democratic agenda is going down in flames because of the weak economy. Their ideas and programs have provided stiff headwinds to any economic recovery, and they are realizing that they will suffer mightily at the polls in November. I hope this actually becomes the case, because the triumvirate leadership of Obama-Pelosi-Reid has been a disaster.