The World Bank's Modest Proposal: Create 600 Million Jobs In 15 Years And All May Yet Be Well

http://www.zerohedge.com/news/2012-10-02/world-banks-modest-proposal-create-600-million-jobs-15-years-and-all-may-yet-be-well

Pelosi believes unemployment insurance creates jobs

Unemployment benefits may help the unemployed survive until they do find another job, but in no way is it stimulative to the economy, nor is it a "job creator." House Speaker Nancy Pelosi labels unemployment insurance as somehow ideal for an economy.

Madame Speaker: if unemployment insurance is so beneficial to our economy, why doesn't everyone quit their job and the government can pay each unemployed worker $100,000? Surely, that will stimulate the economy. In fact, if it is so successful, why doesn't the Federal government just write each of us a check for $1 million? Because if it is good in smaller amounts, why not just write a bigger check to all of us?

This is just one of many examples of madness on Capitol Hill.



http://www.youtube.com/watch?v=WUAG3Fqz56s&feature=player_embedded