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Hilda Solis: Paying People Not To Work Saved Millions Of Jobs

Tyler Durden's picture




 

Secretary of Labor Hilda Solis made her ubiquitous post-NFP appearance on CNBC this morning and spouted the usual propaganda. However, while discussing how wonderful the ATRA was, the seemingly slap-happy Solis noted how great the fact that emergency unemployment benefits were extended for millions of people was - and that thanks to that (and the magic of the Keynesian multiplier), millions of jobs were saved. So, to sum up, paying people not to work, saved millions and millions of jobs? Indeed America, indeed.

 

Must Watch from 3:00 onwards, she stumbles and shakes her head when pushed on the question of how many jobs we lost due to fiscal cliff uncertainty (no idea - none she believes) and then the money-shot on the unemployed and saving millions of small business jobs...

 

 

"By the movement that the President did [in ATRA negotiations] we saved millions of jobs"

 

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Fri, 01/04/2013 - 14:39 | 3123000 Getting Old Sucks
Getting Old Sucks's picture

I'm really beginning to be embarrassed to be a US citizen.  Proud to be American though.

Fri, 01/04/2013 - 14:45 | 3123027 Ghostdog
Ghostdog's picture

Well if giving benefits to 2 million people created 2 million jobs then we should give 330 million people benefits and create 330 million jobs! Whew! Sometimes that hardest problems have the simplest answer..............................

Fri, 01/04/2013 - 14:46 | 3123037 S5936
S5936's picture

She couldn't qualify as a contestant on Wheel of Fortune. A true imbecile.

Fri, 01/04/2013 - 14:54 | 3123073 Getting Old Sucks
Getting Old Sucks's picture

Hilda, your spin.

Uh, I'd like to buy a number.

Fri, 01/04/2013 - 15:06 | 3123132 S5936
S5936's picture

That's funny ! Thx I needed a good laugh.

Sat, 01/05/2013 - 03:13 | 3124777 Manic by Proxy
Manic by Proxy's picture

Pat, I like to please buy a bowel.

Fri, 01/04/2013 - 14:49 | 3123049 Richard Head
Richard Head's picture

If Hilda Solis showed up to work in a private company, she would quickly be identified as the dumbest person there. People like her can only get ahead in government jobs. 

Fri, 01/04/2013 - 14:49 | 3123050 JR
JR's picture

The story is that these officials are fabricating the numbers in order to help the bankers. Solis sounded like a total flake. The first question was the killer. How is it that we're doing better with the same figures as a year ago?

Anyone who would sit in Washington and manipulate these figures is an enemy of the people and of individual liberty. Each is playing his part on the banker team.  And that includes every clerk, every minor official, every department head, all the way to the highest official in the president’s Cabinet, i.e.,Hilda Solis who began her Washington, DC climb at the end of the Carter administration in the White House Office of Hispanic Affairs to  become the first Hispanic woman to serve in the U.S. Cabinet, fittingly as "Amnesty" Obama's current Secretary of Labor in the United States Department of Labor. 

Solis is in charge of these manipulated BLS figures.

The purpose of destroying and manipulating BLS employment figures is to drive America into a dictatorship of the bankers. America has an employment disaster and BLS officials are doing their part to try to cover up the disaster so that the Fed banker cartel can consolidate its power.

Fri, 01/04/2013 - 14:58 | 3123088 NotApplicable
NotApplicable's picture

Diversity, bitchez!

They use it as a tool to promote idiots to positions in order to protect the perpetrators of crimes behind the scenes. (After all, there's only so many sophists that can spin a semi-intelligent sounding defense.)

Sometimes, the Peter Principle pays handsome dividends.

Fri, 01/04/2013 - 17:28 | 3123864 mercenaryomics
mercenaryomics's picture

 

They use it as a tool to promote idiots to positions

Any criticism of said diversity hire must be by definition a baseless ad hominem attack by a racist, sexist, antisemitic, homophobic, sociopathic, class-warring, chauvinistic white supremacist who deserves to be fired, divorced, castrated and put out to sea. 

A diversity hire is beyond repute; they cannot be idiots even when they are idiots. 


Fri, 01/04/2013 - 14:54 | 3123071 Seasmoke
Seasmoke's picture

i am tired of all these CUNTS !!!!!!!!

Fri, 01/04/2013 - 14:56 | 3123081 yogibear
yogibear's picture

In the same mindset maybe we can save millions more by unemploying everyone else. Bernanke can just print all the money we need. 

A complete path to a socialist welfare state. All we need is a Hugo Chavez type.

 

Fri, 01/04/2013 - 16:01 | 3123471 SilverFish
SilverFish's picture

Doesn't look like Chavez is long for this earth anyway. We could siphon some of his DNA and clone him, making our own personal Chavez.

 

 

Its just a dream I have.

Sat, 01/05/2013 - 03:11 | 3124774 Manic by Proxy
Manic by Proxy's picture

Sean Penn is already in mourning.

Fri, 01/04/2013 - 14:58 | 3123089 Skip
Skip's picture

Secretary of Labor Hilda Solis another Reconquista in Obama regime.

La Raza gets YOUR taxpayer dollars and funnels them into MEChA

Movimiento Estudiantil Chicano de Aztlan
"Por La Raza todo. Fuera de La Raza nada."
"Everything for the race. Everything outside the race, nothing."

MEChA Constitution (Article II, section 1):
"General membership shall consist of any student who accepts, believes and works for the goals and objectives of MEChA, including the liberation of AZTLAN, meaning self-determination of our people in this occupied state and the physical liberation of our land."

Fri, 01/04/2013 - 15:03 | 3123117 Quinvarius
Quinvarius's picture

People with jobs should be forced to carry around people without jobs on their backs all day.  They will sleep better at night after an exhausting day of laboriously toting their fellow citizen around.  It is a win win situation.

Sat, 01/05/2013 - 03:09 | 3124772 Manic by Proxy
Manic by Proxy's picture

+1 for the oblique image-conjuring from "Fahrenheit 451"

Fri, 01/04/2013 - 15:06 | 3123127 yogibear
yogibear's picture

La Raza"  or the ""the Race"" is sometimes used to denote people of Chicano 

http://en.wikipedia.org/wiki/La_Raza

It's running the show now. 


Fri, 01/04/2013 - 15:43 | 3123363 Taffy Lewis
Taffy Lewis's picture

I'm doing my best to prepare my children for the New America; this is how we count to 10 in Spanish:

Uno, dos, tres, taco, burrito, salsa, queso, gordo, flojo, cerdo.

The oldest kid's teacher is NOT amused!

Fri, 01/04/2013 - 15:52 | 3123415 GMadScientist
GMadScientist's picture

...pendajo, chingadera, boracho!

Fri, 01/04/2013 - 16:03 | 3123481 Taffy Lewis
Taffy Lewis's picture

I'm just trying to keep the conversation on the same intelligence level as "Madam Secretary".

Fri, 01/04/2013 - 16:05 | 3123489 SRVDisciple
SRVDisciple's picture

you left out "cerveza"  which means 6 (as in pack) and "mañana" which is $16.4Trillion

;-)

Fri, 01/04/2013 - 22:03 | 3124434 IMA5U
IMA5U's picture

I'd do her!!

Fri, 01/04/2013 - 15:13 | 3123161 Aurora Ex Machina
Aurora Ex Machina's picture

Keywords: Infrastructure - Construction.

Fri, 01/04/2013 - 15:14 | 3123172 Bicycle Repairman
Bicycle Repairman's picture

The maximum UE benefit is about $600/week pre-tax (yeah, taxes must be paid) or $30K per year.  The average is probably half of that.  So the typical person is brought to the poverty line for 99 weeks at most.  Will this pay for housing, transportation, food and healthcare?  Yeah, of the lowest quality, but it keeps the food lines down.

Don't despair, some of these people work.  Under the table.

Fri, 01/04/2013 - 15:18 | 3123203 bnbdnb
bnbdnb's picture

$30k a year is my discretionary...

I'm close to paying off all my debt.

 

What do you think I will do next?

Fri, 01/04/2013 - 17:32 | 3123880 mercenaryomics
mercenaryomics's picture

Next? Well, pay more taxes and have less discretionary as of 1/1/13. 

(Presuming US citizen of course) 

Fri, 01/04/2013 - 17:11 | 3123797 optimator
optimator's picture

Quite a few are doing so well working under the table that they'll stay there even if unemployment insurance runs out! 

Fri, 01/04/2013 - 15:17 | 3123194 crzyhun
crzyhun's picture

Hildi, I get not a jot of solace from you. Frankly you have 1984 tattooed on your sole from the cradle to the grave.

Fri, 01/04/2013 - 15:52 | 3123413 lakecity55
lakecity55's picture

How much dick did she have to suck on the way up?

Fri, 01/04/2013 - 17:37 | 3123889 mercenaryomics
mercenaryomics's picture

Do diversity-hire women have to suck dick on the way up? I suppose that would at least make them equal with the white women breaking glass ceilings. 

If not I offer myself for madam labor secretary and any other diversity-hires' equality strides!  

Fri, 01/04/2013 - 15:21 | 3123227 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

I thought the presidential campaign was over ...

How many plugs did she give to her beloved Prez?

Fri, 01/04/2013 - 15:27 | 3123255 Remington IV
Remington IV's picture

Maybe we'll be lucky and she'll join that unemployed group pretty soon

Fri, 01/04/2013 - 15:28 | 3123267 toomanyfakecons...
toomanyfakeconservatives's picture

Not the brightest blub!

Fri, 01/04/2013 - 15:42 | 3123361 Darksky
Darksky's picture

I watched this crap live until she said something like '...and places like cnbc need to spread the word on how great this program is...'. Not exact quote and im not watching this person again to get exact quote. I immediately changed the channel and started my day long ZH learning session.

Fri, 01/04/2013 - 15:51 | 3123392 Lord Of Finance
Lord Of Finance's picture

She sounds very proud of herself being used as a government propaganda mouthpiece.

 

It must truly be an honor to be a federal employee of her status and also being part of one of the horns of the beast.

 

Fri, 01/04/2013 - 15:49 | 3123399 Salt
Salt's picture

The bitch treats the general public like they'te stupid and will agree with her. Come to think of it...

Fri, 01/04/2013 - 16:21 | 3123567 SRVDisciple
SRVDisciple's picture

Let's just change our name to the United States of Brawndo

Fri, 01/04/2013 - 17:53 | 3123960 akak
akak's picture

"The federal government: it's got electrolytes!"

Fri, 01/04/2013 - 15:50 | 3123406 lakecity55
lakecity55's picture

Yet another delusional communist revealed working in gubbermint.

Fri, 01/04/2013 - 15:53 | 3123420 Frank N. Beans
Frank N. Beans's picture

taken to the extreme logic, if everyone were unemployed, and if everyone gets unemployment benefits, then everyone's job is saved!  

i think my head just exploded

 

Fri, 01/04/2013 - 15:58 | 3123451 SilverFish
SilverFish's picture

............and no CNBC snippet of douchebaggery would be complete without a shot of Cramer's big fat head thrown in for good measure.

Fri, 01/04/2013 - 16:22 | 3123575 TheObsoleteMan
TheObsoleteMan's picture

What a farce. This EEO Latina, in the real world, would be a manager at Taco Bell. And we have Jim Cramer, a notorious democrap cheerleader saying we will be bring back outsourced jobs by the droves. What a sorry state of affairs the so-called media is nowadays. They soft pitched to her during the whole interview, never asking any questions of substance. Not that they would have got any truthful answers from her anyway I guess.

Fri, 01/04/2013 - 16:25 | 3123594 Lucius Corneliu...
Lucius Cornelius Sulla's picture

Sponges of the world unite!

Fri, 01/04/2013 - 16:28 | 3123606 Joebloinvestor
Joebloinvestor's picture

Like I am gonna believe any spin represented by any government employee or elected person.

First thing that happens if you criticize or question their bullshit, they call you a racist.

 

 

Fri, 01/04/2013 - 16:29 | 3123611 khakuda
khakuda's picture

So incompetent!

Fri, 01/04/2013 - 16:44 | 3123666 eaglerock
eaglerock's picture

As idiotic as Solis's remarks are, it is just as idiotic when someone says that if we cut a dollar in taxes, it generates more than a dollar in tax revenue through economic growth.  This multiplier rule does not overrule the law of common sense.

Fri, 01/04/2013 - 17:07 | 3123772 optimator
optimator's picture

To sum up her fantasic career:  Spent early life taking Government money, then spending Government money, and now again to her roots, taking Government money.

Fri, 01/04/2013 - 17:09 | 3123782 Fix It Again Timmy
Fix It Again Timmy's picture

She looks like she needs a cue card to breathe...

Fri, 01/04/2013 - 17:12 | 3123801 laomei
laomei's picture

In a consumer-driven economy, it's kinda hard to consume without money.  And it's kinda hard to have money without a job.  And it's kinda hard to have a job when the banks destroyed the economy.  Unemployment benefits provide a massive return on investment because the money is pretty much instantly spent into the economy and spent locally.

Fri, 01/04/2013 - 17:34 | 3123888 Never One Roach
Never One Roach's picture

Peter Principle is confirmed.

 

http://en.wikipedia.org/wiki/Peter_Principle

Fri, 01/04/2013 - 17:35 | 3123893 Investor Wizard
Investor Wizard's picture

Hilda may be one of those "low information voters"

Fri, 01/04/2013 - 17:49 | 3123905 sessinpo
sessinpo's picture

Where are our leftist on this board like Fakemeister or Anonymous to defend such lunacy? And I've decided to add eaglerock to that list of morons with his latest post:

"As idiotic as Solis's remarks are, it is just as idiotic when someone says that if we cut a dollar in taxes, it generates more than a dollar in tax revenue through economic growth.  This multiplier rule does not overrule the law of common sense.

 

Odd how it is when extremist leftest views are exposed and can't "really be defended logically", they disappear.

 

The sad fact is leftist live on lies to gain power and control. And those leftist aren't just democrats, they are republicans too.

 

And in response to eaglerock, which has NO understanding of economics, its not about the multiplier when you take money (productivity) out of the private sector. Each dollar you take out of the private sector is money that can't be used (and sometime misused), to increase wealth of the individual. Since government gets its revenue from the private sector, LOGICALLY, you would want the private sector to increase its productivity and wealth. 

 

Government does not produce wealth, thus each dollar going to the Government is mathematically $1 x 0 = $0.  If Government taxes (confiscates $1 trillion dollars), that is $1 trillion x 0, which still equals 0 growth and less wealth generated for the citizens. Your argument about the multiplier is false because ZERO times any number is ZERO - no multiplier.  In other words, you are only making everyone (of every political party and race) poorer and Government more powerful.

 

 

Fri, 01/04/2013 - 18:22 | 3124037 eaglerock
eaglerock's picture

I am by no means a leftist.  I totally agree that what Soltis says is idiotic.  I totallay agree that money is best left in the private sector rather than pissed away by the government.  I would rather I not have to pay taxes if I didn't have to.   I just think we have to also call out those people that use the same 'principle' of the multiplier who think we can increase the taxes collected by $2 by cutting taxes by $1.  Both uses of this multiplier theory are wishful thinking.  I think perhaps cutting $1 of taxes can generate 50 cents of tax revenue through growth, but it can't be more than what was cut, otherwise why not cut all taxes and cause the IRS to be flush with money?  It just doesn't add up.

Fri, 01/04/2013 - 19:09 | 3124105 Racer
Racer's picture

That's the same sort of thinking as Biden... have to spend money to stop from going bankrupt

Fri, 01/04/2013 - 19:41 | 3124175 mendolover
mendolover's picture

And here is the result of affirmative action finally making it's way to WH cabinet positions.  This is an excellent example of how dangerous the dumbing down is becoming.

Infrastructure, renewable energy, blah, blah, fucking blah!

Fri, 01/04/2013 - 22:02 | 3124430 IMA5U
IMA5U's picture

I'd do her!!

Sat, 01/05/2013 - 03:27 | 3124786 Manic by Proxy
Manic by Proxy's picture

Pelosi, Biden, Solis. The casting of "Idiocracy 2: The Obama Mandate" is now complete.

Sat, 01/05/2013 - 08:07 | 3124954 overmedicatedun...
overmedicatedundersexed's picture

if you agree fiat money is illusion..this lady is correct and not correct for money was once a measure of production today money is a tool to be used as you .gov fed banks wish the only important aspect is what the people see as wealth until one stops and looks at the paper we value and comes to the point it is just paper, then things get messy. fiat stimulates fiat thru volocity sure. debt is real or is it fiat is so called debt but is it. if tomorrow the treasury prints our money and FED FRNS are now legal for FED DEBT but treasury notes are also legal we have the magic bullet forget the trillion coin scam. and our national debt in FRN's is paid off..too simple not for any .gov worker I have ever met.

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