By John Lillpop ——Bio and Archives--January 11, 2014
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Specifically, as reported: “The unemployment rate tumbled from 7.0% to 6.7% because in December the civilian labor force did what it usually does in the New Normal: it dropped from 155.3 million to 154.9 million, which means the labor participation rate just dropped to a fresh 35 year low, hitting levels not seen since 1978, at 62.8% down from 63.0%.”
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said back in 2010. Talking to reporters, Pelosi, at the time the House speaker, said about unemployment benefits: "It injects demand into the economy," Pelosi said, arguing that when families have money to spend it keeps the economy churning. "It creates jobs faster than almost any other initiative you can name." Pelosi said the aid has the "double benefit" of helping those who lost their jobs and acting as a "job creator" on the side. "It's impossible to think of a situation where we would have a country that would say we're not going to have unemployment benefits," Pelosi said.”According to Pelosi and other scholars with thinking disabilities, extending unemployment benefits causes the jobless to ‘Stop Looking!’ which invariably drives the rate down! On the other side of the issue, Senator Jeff Sessions (R-Ala) sees unemployment benefits as disincentives to productive living, as reported:
"Today’s jobs report underscores a deeper problem facing our economy: a large and growing block of people who are chronically jobless and completely outside the workforce. In December, the economy added only 74,000 jobs – not nearly enough to keep up with population growth –and 347,000 left the workforce. That means for every one job added, nearly 5 people left the workforce entirely. There are now nearly 92 million Americans outside the workforce, resulting in the lowest participation rate in 36 years. The President’s immigration plan will only make things dramatically worse – and no amount of ‘promise zones’ will be a sufficient remedy for the millions of displaced workers. "We must help people move off of welfare, off of unemployment, and into good-paying jobs that can support a family. More tax, spend, borrow and regulate will only produce more joblessness, dependency and debt. Instead, we need more American energy, streamlined taxes and regulations, a leaner and less wasteful government, better trade and immigration enforcement, and a reformed welfare system that helps struggling Americans realize the dream of financial independence." Reached for comment on Senator Session’s cruel remarks, Rep. Pelosi issued a terse statement, “Once again, the GOP is willing to leave powerless Americans in the lurch just to make Barack Obama look bad! We continue to urge patriotic Americans of all colors, races, and nationalities, to join the president in the war on those whom would destroy the American Dream!” “I repeat, when it comes to jobs, “Stop Looking,” America!”From the hallowed lips of the little birdbrain from San Francisco.
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John W. Lillpop is a recovering liberal. “Clean and sober” since 1992 when last he voted for a Democrat. For years, John lived in the San Francisco Bay Area, the very liberal sanctuary city which protects, rather than prosecutes, certain favored criminals. John escaped the Bay Area in May and now lives in Pine Grove California where conservative values are still in vogue.