This was not unexpected news. this is what the 5th unemployment extension fight is about. Reid and Obama want to paper over the fact the this is a jobless recovery.
here is a paragraph that explains what is going on
Senate Democrats on Thursday offered a new plan to revive federal unemployment benefits until mid-November and pay the $18 billion price tag with new spending cuts, but hopes of a bipartisan deal dissolved into bickering by day’s end.
“The package does what the Republicans wanted,” Senate Majority Leader Harry Reid, a Democrat, said on the Senate floor. He said the cost of renewing the jobless benefits for about 1.4 million long-term unemployed Americans would be “entirely paid for” and would contain “structural changes they (Republicans) were demanding.
Keeping these 1.4 million people who have exhausted their total 99 weeks of unemployment benefits, the longest in history only makes sense for Obama. It keeps these people off his back when he refused the Keystone XL pipeline, lowering CAP gains taxes, cutting the fed government.
Also, by coincidence 1.4 million more people lost jobs in the 5 Obama years, and unemployment benefits are Obama’s answer to growing the economy. I always thought only JOBS,
JOBS, JOBS grew the economy.
Not unexpected except apparently by the predicting economists noted in the headline.