Cutting jobless aid will be costly
The premature discontinuation of these benefits threatens the economy as well as families. Benefit checks are quickly spent on necessities like rent and food, fueling economic activity. According to the Economic Policy Institute, the loss of this $25 billion program could kill another 310,000 jobs.
The best news for the long-term unemployed may be that the House is up for election in 2014. Voters would be wise to ask the lawmakers trying to hold on to their jobs what they plan to do for those who have lost theirs in this difficult economy. The answer should guide people’s choices in the new year.
Clarion Ledger via Philadelphia Enquirer
Posted January 2, 2014 - 7:58 am