Extending federal unemployment benefits through 2011.could generate the equivalent of 700000 jobs
November 17th, 2010 | 
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Extending federal unemployment benefits through 2011 could generate the equivalent of 700000 jobs Not only do unemployment benefits assist the unemployed, they also boost spending in the economy and generate jobs, according to a brief from the left-leaning Economic Policy Institute. The brief states that extending unemployment insurance benefits through 2011 would generate more than 700000 full-time-equivalent jobs while saving millions from poverty. Federal unemployment benefits will expire Nov. 30 if Congress doesn’t act to extend the program during its lame duck session, which begins next week. I benefits for the long-term unemployed give the economy a particularly big boost because long-term unemployed workers are very unlikely to have any choice but to immediately spend their unemployment benefits. Extending federal unemployment benefits would also boost hours for workers who already have jobs by over 12 million weekly work hours, according to the brie Unemployment benefit extensions are also quite likely to also be dropped unceremoniously from the lame duck Congress’ “to do” list. This is going to be tragic for millions of people, but Democrats likely won’t have the votes to pass anything
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The fact is, what it has always been. This Gov’t we serve is crooked. It isn’t controlled by the people we elect to office. It is controlled by the Illuminati, the Federal Reserve Bank, any many other puppet masters. They aren’t my masters. I serve only one, and that is Jesus Christ. They can take whatever they want from me, but one thing they can’t take is my heart!
God save us all.
I love political cartoons. They say it all in just one frame. We can only hope for the best now and keep on letting the congress know we are out here. Thanks for the video.
Spending $65 billion on unemployment insurance extensions will increase GDP by an estimated $104.7 billion, which is roughly 0.7 percent of our $14.7 trillion GDP. This increase in GDP translates into 488,000 payroll jobs. In other words, extending the federally funded unemployment insurance extensions through 2011 would not only be a lifeline to the families of millions of unemployed workers, it also supports spending responsible for the existence of nearly half a million jobs.
Unemployment benefit extensions are also quite likely to also be dropped unceremoniously from the lame duck Congress’ “to do” list. This is going to be tragic for millions of people, but Democrats likely won’t have the votes to pass anything (especially anything which smacks of “spending” to the Republicans), so the issue will likely die a quiet legislative death. Republicans, it is assumed, will continue to ignore the issue after Januar