One of President Obama’s top advisors said that unemployment stimulates the economy. That’s like saying an iceberg stimulated the Titanic. Only in White House fantasy world do debt, unemployment, and higher taxes stimulate the economy.”
An independent study found that every dollar the U.S. spends on benefits for the unemployed offers an overall return of $1.61 for the economy. The return on tax cuts like the Bush tax cuts, however, give a much smaller rate of return—32 cents’ worth.