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Pelosi: Unemployment Checks Best Way to Create Jobs

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By Doug Powers  •  July 1, 2010 04:08 PM

**Written by guest-blogger Doug Powers

Nancy Pelosi is around the bend even more than usual these days:

Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi claimed Thursday.

Speaking 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.”

In the real world, demonstrating lunacy of this magnitude is known as a “cry for help” and an intervention involving large nets, straight-jackets and electric shock therapy is in order. But not in Washington, DC, where free-range crazies are allowed to pick pockets, loot futures, and all too often get re-elected.

I think I’m catching on to Pelosi’s line of reasoning though (which, frankly, frightens me): If unemployment is the best way to create jobs, then the economy won’t be fully functioning until nobody’s working, and that’s another goal Obama, Pelosi, Reid & company can now boast about helping us get closer to. (Sister Toldjah has the Pelosi video just in case reading it wasn’t alone enough to make you ill)

Meanwhile, in Racine, Wisconsin, President Obama reminded everybody that they should be happy that the unemployment rate isn’t even higher (Why? According to Stretchy McHugegavel we need the unemployment rate to go up in order to create those extra jobs).

This is like listening to the world’s worst football coach motivating a team that’s down by 30 points at halftime by reminding them that they’d be down by 50 if it weren’t for his superior team-prep, organizational and executive skills:

Next Obama will tell people in the Gulf that they should praise him for seeing to it that only 10w40 is washing up onshore instead of a much thicker viscosity.

**Written by guest-blogger Doug Powers

Twitter @ThePowersThatBe

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Categories: Barack Obama, Health care, New York Times, Paul Krugman