According to wikipedia, Rand Paul collectively spent $12 Million to get his job.
The campaign attracted $8.5 million in contributions from outside groups, of which $6 million was spent to help Paul and $2.5 million to help Conway. This money influx was in addition to the money spent by the candidates themselves: $6 million by Paul and $4.7 million by Conway.
No matter how you spin it, the fact remains:
Rand Paul knows it costs money to get a job because he spent $12 Million to get his job.
I know ... I know, Rand Paul said extending UI to the unemployed does a "disservice" to the unemployed ... and naturally in typical Rand Paul disingenuous form, Rand did not explain "why" or "how" it would be a disservice.
And I also know that Rand Paul intentionally, or just out of pure ignorance, misstated Ghayad's research on unemployment.
So, the question now becomes: Why won't Rand Paul acknowledge that the unemployed need money - just as he did - to find their job and therefore extend unemployment insurance?
Let's look at the numbers
$6.5 Billion for 3 months of UI
Not including the cost benefit & job creation that goes with extending the UI for three months, the "cost" (outlay) would be approximately: $6.5 Billion for 3 month extension.
$100 Billion for 1 year of Corporate Welfare
Rightwinged CATO institute reports
Corporate welfare in the federal budget costs taxpayers almost
$100 Billion a year.
~Tad DeHaven CATO Institute. July 25, 2012
Well ... I suppose we know what to "cut" in order to satisfy the "
how ya gonna pay for it" crowd.
CATO goes on to say
Corporate welfare does not aid economic growth and it is an affront to America’s constitutional principles of limited government and equality under the law.
hmmm ... we know that people who get unemployment benefits buy goods and thus keep people employed (job saving) thus, extending unemployment benefits does aid economic growth.
Doing a little simple math:
Unemployment Insurance Outlay:
3 months x 4 = 12 months in one year
Therefore: $6.5 Billion in three months for UI (times) 4
= $26 Billion in UI for 1 year
CATO's Corporate Welfare Numbers:
12 months = 1 year.
12 months (divided by) 4 = 3 months
Therefore: $100 Billion a year on Corporate Welfare (divided by) 4
= $25 Billion for 3 months in Corporate Welfare cost
Well, math does not lie.
Mathematically, for the cost outlay to extend unemployment benefits for 1 year ($26B) is what it cost's the taxpayer, according to CATO, to pay for 3 months of Corporate Welfare ($25B).
There you have it: We have found the perfect way to pay for the UI extension, we simply cut Corporate Welfare ... hell .... even for just 3 months and we can afford another 12 months of UI extension.
And to think, we did not have to touch: SNAP, Obamacare, Farm Bill, or any other safety-net the poor and middle class depend on to survive.
PS. Let's not forget, one of the many reasons we have long-term unemployment is because the GOP Blocked President Obama's Jobs Bill and the GOP Blocked President Obama's Anti-Outsourcing Bill.
As I said, Rand Paul spent $12 Million to get his job so: Why won't Rand Paul acknowledge that the unemployed need money - just as he did - to find their job and therefore extend unemployment insurance?