Friday, July 02, 2010

FOXNews.com - Pelosi: Unemployment Checks Fastest Way to Create Jobs

FOXNews.com - Pelosi: Unemployment Checks Fastest Way to Create Jobs: "Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job.�

'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.'"

Giving people money certainly helps the economy unless you consider the cost of getting that money -- then it hurts the economy.

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