Gingrich ~ Nations' problems are the fault of the *Poor People*

[Exotix]

Newt Gingrich Blames Nation's Problems On Unemployed People

Newt Gingrich Blames Nation's Problems On Unemployed People


Newt Gingrich, who is currently mulling a presidential bid in 2012, said at a political event in South Carolina on Thursday that most of America's problems can be blamed on the "leftist news media," Hollywood, tenured academics, overpaid federal workers, and unemployed people.

"I'm opposed to giving people money for doing nothing," he told the crowd of 250 cheering GOP activists in a state with a 10.6 percent unemployment rate.



The Los Angeles Times reports:

Comparing unemployment benefits to welfare, a system he worked with former President Clinton to overhaul in the mid-1990s, Gingrich asserts that the country spent $134 billion last year on unemployment compensation "and got nothing for it."

Instead of wasting money "paying people to do nothing for 99 weeks," he would make job training mandatory for anyone getting an unemployment check.

There are five jobless people for everyone one job opening right now, making it difficult for even the most industrious job hunters to find work, yet Gingrich's comments echo the sentiments of a number of GOP Congressmen who believe unemployment benefits make people lazy.

Sen. Judd Gregg (R-N.H.), for instance, said jobless benefits mean people are "encouraged not to go look for work," and Sen. Jim DeMint (R-S.C.) told South Carolina's News 13: "We can't just keep paying people to stay at home."


Comments:

Commonwealth: Another case of self-centered conservative blindness. Gingrich presumably cannot imagine






Gingrich advice to GOP: Hammer food stamp increase

Gingrich advice to GOP: Hammer food stamp increase – CNN Political Ticker - CNN.com Blogs

[Z06PDQ]

what a bat s**t crazy mofo Gingrich proposal: Let businesses set their own taxes | Raw Story

[Y2Kvert4me]

The economy grows by nearly two dollars for every dollar spent on unemployment benefits 'because recipients typically spend all of their benefit payments quickly' The money 'ripples through the economy into supermarkets, gasoline stations, utilities, convenience stores.' Flush with the revenue provided by these new consumers, those businesses are then able to hire additional workers and diminish the ranks of the unemployed.

I guess all those unemployed "new consumers" are buying things they wouldn't if they were employed.

[Exotix]

Originally Posted by Y2Kvert4me

I guess all those unemployed "new consumers" are buying things they wouldn't if they were employed.

Since the advent of *Free Trade Agreements*, America has *de-volved* into what's now known as *"diseconomies of scale" (Banana Republic) as opposed to the positive effect that Economies of Scale *theroretically purports* ... and where Returns to Scale should be a normal event in a normal system of *perfect competition* ...


The (neo) wackos like Gingrich and the entire (neo) right-wing have found a venue for their horror-in-continuam that goes back to (distorting) Adam Smith ...




Here's a pretty good read for those of us who will never *have it* to understand the Nash Equilibrium that suggests *a perfect world* ...

(... of importance is the date of this read ... mid-2008)




Diseconomies of Scale: Dismembering Leviathan

By InternetPundit ~ a new voice for the Old Right (is an online community for the dissemination of Old Right cultural, political and social criticism.)

Diseconomies of Scale: Dismembering Leviathan | InternetPundit

[ChasC5]

I say let him keep talking.

[Exotix]

Originally Posted by ChasC5

I say let him keep talking.

Look who he's talking too ...

"I'm opposed to giving people money for doing nothing," he told the crowd of 250 cheering GOP activists in a state with a 10.6 percent unemployment rate.

[Peter Pan]

Originally Posted by Y2Kvert4me

I guess all those unemployed "new consumers" are buying things they wouldn't if they were employed.

They are helping the rich by buying those iPods this Christmas and those new Jordan Limited Edition Nike shoes.