Mo' Money, Mo' Money, Mo' Money

Sometimes you hear the strangest things. 

"I understand why extending unemployment insurance provides relief to people who need it, but how does that create jobs," Wall Street Journal's Laura Meckler asked Jay Carney at Wednesday's WH briefing.

Carney responded: "Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam."

"There are few other ways that can directly put money into the economy than applying unemployment insurance," Carney said. [....] "They're not going to save it, they're going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually."

There are plenty of arguments for giving more money to unemployed people, but one of them isn't that it creates jobs.  Using Carney's logic, we should just give everyone $100,000 a year if they're unemployed and soon they'll all be working.