Schumer: Jobless Benefits ‘The Best Stimulus There Is’

Cybercast News Service ^ | December 6, 2012 | Matt Cover

[Olog-hai]

Sen. Chuck Schumer (D-N.Y.) said that extending long-term unemployment benefits would be the “best stimulus there is” for the economy, saying it would create the most jobs for the money. …

Schumer and fellow Senate Democrats called for yet another extension of benefits for the long-term unemployed before the current benefit extension expires at the end of the year. …

[Olog-hai]

Unfortunately, no.

And what’s worse, this similar story is a Semmens composition turned real! (I linked the Semmens thread in the first post.)

[jivin gene]

“So why doesn’t Schumer do his patriotic duty, help stimulate the economy by going on unemployment benefits himself?”

Judging from his level of “productivity”, he has been on unemployment benefits for a long, long time.

[KeyLargo]

Extended federal unemployment insurance ending

CHICAGO — The Illinois Department of Employment Security says a federal program that provided unemployment insurance beyond the state’s initial 25-week coverage will expire Dec. 29.