Both parties have always agreed to extend unemployment benefits during recessions. It makes economic sense, and it’s the most humane thing government can do when its citizens are economically stressed. First of all, the money goes immediately into circulation–it gets spent, both alleviating the pain of the unemployed, and acting as an economic stimulus to the broader economy. This Republican Party, though, either can’t understand the benefits, or more likely, is quite willing to inflict untold pain on the people of this country if it sees an electoral benefit. The economy will get worse, Obama will be blamed, and the Republicans will reap the gains in November. Never mind the suffering. The cynicism is staggering, and shameful.
(via Obama Wouldn’t Have Done This for You © EdSteinInk.com)
