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The article contains a single anecdote about someone not looking for work due to unemployment benefits. How does it follow from this that such benefits are exte
by mustpax 17y ago
The article contains a single anecdote about someone not looking for work due to unemployment benefits. How does it follow from this that such benefits are extending the recession?
Is the author saying that unemployment benefits keep consumer spending down? If the person's take home pay is about the same, as the article suggests, this should not be an issue.
Maybe the author is suggesting that unemployment benefits create a shortage of labor by discouraging workforce participation? This would be an even harder argument to make given the continued layoffs across all sectors of the economy.