The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change

Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge

Thursday, February 23, 2012

Valerie Jarrett: Unemployment Stimulates the Economy

From Newsmax:


Valerie Jarrett: Unemployment Stimulates the Economy

Thursday, 23 Feb 2012 12:54 PM
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White House senior adviser Valerie Jarrett has adopted a stance on unemployment that is sure to infuriate many, arguing that it stimulates the economy because people who receive unemployment checks are going out and spending them, reports The Weekly Standard. 

“Even though we had a terrible economic crisis three years ago, throughout our country many people were suffering before the last three years, particularly in the black community. And so we need to make sure that we continue to support that important safety net.

"It not only is good for the family, but it’s good for the economy,” Jarrett argued during a speaking engagement at North Carolina Central University in Durham, North Carolina.

“People who receive that unemployment check go out and spend it and help stimulate the economy, so that’s healthy as well,”

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