It's All About Vote Buying

Last month, Nancy Pelosi (D-CA) said: "Economists agree that unemployment benefits remain one of the best ways to grow the economy in a very immediate way." Pelosi continued, "[It's an] ...essential lifeline that millions of Americans and their families depend on..." and "about the 1.3 million Americans who will lose the federal unemployment compensation on December 28 -- right in the middle of the holidays," and "...1.9 million more Americans will lose their state benefits in the first half of next year." Pelosi said that "economists agree," but I could not find where Pelosi identified those economists, nor could I find their concurring research. Pelosi again quotes "phantom" economists, and not one word about it from the MSM. Perhaps Pelosi should read the Washington Post article that states, "Economic theory does, indeed, suggest that overly lengthy or generous unemployment compensation discourages work...[.]" In the "not one word" department, the article continues, "We're more...(Read Full Article)

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