Wednesday, December 1, 2010

Republican Opposition to Extending Unemployment Benefits Makes No Sense

In economic terms, the loss of benefits is not good. There is a cost to having generous or long unemployment benefits: They do not come cheap to the government and do tend to lengthen the time it takes for a worker to find a new job. But given the way the jobs crisis is weighing on the recovery, most economists, save for the most conservative, say the benefits outweigh the costs.

http://www.slate.com/id/2276473