Monday, December 30, 2013

Americans React To End Of Jobless Benefits: “I Just Don’t Know What To Do, Except Pray” (Video)

“It lacks compassion for the victims of the recession and, economically, it’s shooting ourselves in the foot,” said Lawrence Mishel, the president of the Economic Policy Institute in Washington, which backs policies that help low-income workers. “The timing is very premature. The evidence is that people who want work can’t find it.” “The economy has now been out of a recession for more than four years,” said Chris Edwards, an economist with the Cato Institute in Washington, which argues for scaling back the role of government. “These unemployment benefits are emergency benefits, but the economy is no longer in an emergency situation.



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