Continuation in Unemployment Benefits Without Offsets
By: Les Carpenter III Rational Nation USA The vote has yet to be cast on the eighth extension of unemployment benefits. An extension that will guarantee up to 99 weeks of benefits to unemployed workers at an additional cost of thirty three billion dollars. The progressive collectivist in congress have refused to yield to the fiscal conservatives rational demand to offset the additional coast by taking unused funds from the eight hundred and sixty billion dollar stimulus package. The extension will be passed and the unemployed will receive what they need to survive for awhile longer. However, with the economy still not on solid footing and job creation continuing to lag, and I am speaking of real productive private sector jobs, what is likely to happen when this extension lapses? Here is HuffPo reporting on Robert Gibb's statement with respect to this question. White House Press Secretary Robert ...