The Republicans should be ashamed of themselves for denying extension of jobless benefits. They believe extending Bush tax cuts to millionaires is appropriate but too bad for the unemployed. Their idea of let them figure it out for themselves reminds me of that famous queen who said, “Let them eat cake.” Is this the “second amendment moment” Sharron Angle was talking about?
Unemployment insurance runs out on Nov. 30 for 2 million jobless Americans. There is no argument that this program is expensive but the consequence of this action will mean thousands of people with no place to turn except food pantries. Yes, the extended benefits are costly – another year’s worth would cost about $65 Billion. However, when it comes to helping the economy, unemployment benefits deliver far more bang for the buck than holding down the top marginal tax rates.
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