The real party of NO, the GOP, steps it up

[Cannon Shell]

Originally Posted by Riot

Yes, Dell. When you save money, it is not circulating in the economy. It is not liquid and circulating.

An unemployed person gets 300 a week (average). That - every penny - goes right back into the economy immediately, directly to food, gasoline, rent/mortgage, heat, electricity, etc. Multiply that by millions as we have now.

Louisville and Lexington have about 700,000 people in the metro areas roughly. We have 100,000 on unemployment in KY (that will be off by end of Dec if not extended). Figuring only 25,000 of those live in the metro areas, that is $7,500,000 a week out of the Lexington and Louisville economies if unemployment doesn't get extended by end of December. Already this week thousands are off it in this state. People can't buy groceries, gasoline and electricity, those companies lay off employees, quickly. We go into a depression really quickly.

What?

There is a looming depression because unemployed people arent getting $300 a week?