Valerie Jarrett: Unemployment Helps ‘Stimulate the Economy’

by Chris Bounds on February 23, 2012

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

If unemployment helps stimulate the economy then why not implement policies that will cause higher unemployment such as excessive regulations on the oil industry, taking over health care, increasing taxes, and blocking the job-creating Keystone oil pipeline project?  Why not shoot for 20% unemployment or even higher?  Or perhaps that is Obama’s objective.