In unusually blunt, podium-pounding language, President Obama this morning called on Senate Republicans to stop blocking more jobless benefits for the unemployed.
I just don't get it ... You see, the GOP has somehow been able to create the illusion that they're for 'the little guy', 'the average worker' ... that they are there in DC looking out of "us". Well, if that's the case, why do they do everything in their power to obstruct economic recovery? ... and I mean EVERYTHING.
Most every economist will tell you: during a recession consumer spending plummets. As spending plummets, layoffs increase (due to reduced demand) and hiring slows down or stops. With decreased consumer spending, more unemployeed -- the cycle tends to intensity.
This isn't theory, these are the defining characteristics of a
The way out? Government spending.
And that's what's happened during EVERY recession since WWII (which, by the way was the way we spent our way out of the great depression).
During a recession the only entity that has the pockets deep enough to put cash in peoples' hands and jump start the economy is the Government... And on of the surest ways to get people spending money is to extend unemployment benefits. Remember: unemployment benefits aren't entitlements... they're extensions to insurance that the employer paid into and a policy the worker has for just such a situation.
But now, for the first time, we have Republicans in lock-step trying to thwart EVERY attempt to bring the country out of the worst recession in memory... Why? Well, only a few possibilities exist: they are either 1- hopelessly stupid, 2- political opportunists who put power over the welfare of the people, or 3- a combination of the two.
Given any of the causes, these people simply don't belong in government ...