Yesterday President Obama repeated former Speaker of the House Nancy Pelosi outrageous claim that “unemployment benefits stimulate our economy.” There are economists — left-leaning –who will say people receiving unemployment benefits will go out and buy things and therefore boost the economy and job. If that’s the case, then why not just the government print money and gives us all a stipend to go out and spend it?
Pure and simple, liberal progressives are advocating for wealth redistribution and trickle up poverty. They believe instead of having tax, regulatory, and monetary policies that enable a thriving free market system, we should expand the welfare nanny-state.
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President Obama is a frontman, a well selected salesman for an ideology that has never been successful anywhere in the world. He’s just another in the long list of Marxist/socialist “cool” sounding despots who have given us mass graves and national collapse.