Consider this video a demonstration of Democrat economic genius on full display.
Ohio Democrat Senator Sherrod Brown says people need their unemployment benefits so they’ll have enough money to pay their property taxes. In other words, “Let’s just take this money out of one pocket and put it in the other.”
Let us save you some pain. The quote comes at the 6:00 mark of the video.
http://www.youtube.com/watch?v=D8tJu9hwYB8
“The other reason to maintain unemployment benefits is all economics. Senator McCain, when he was candidate for President, his chief economic advisor said the best way to grow the economy – the best stimulus dollar you can spend – is unemployment insurance. Because when you put a dollar in a laid-off worker’s pocket from Lima, Ohio or Zanesville, Ohio she will spend it at the local grocery store, the local shoe store, pay her property tax, pay her gas bill, whatever. That money is recycled in the economy.”
Do not make the mistake of thinking Senator Brown simply misspoke. He has given variations of this speech numerous times on the floor of the Senate and always uses the “pay her property tax” line.
Sherrod Brown is, of course, a successful graduate of the Obama School of Economics, where they teach that it’s a rational use of taxpayer money to buy General Motors, order them to make electric cars, give money to General Electric so they can buy the electric cars from General Motors, and then announce that the whole shebang is a huge success.
Round and round the little ball goes and where it stops nobody knows. Well, actually, we do know where it stops – third world status for the United States.
Source: TheRightScoop.com