Sunday, December 11, 2016

Extending Unemployment Insurance?

          
Unemployment insurance benefits are a political football, not an  economic stimulus.
                                               
When you look back at statistics done by folks such as Laffer Associates, who have looked at actual data going back to 1972, you find that unemployment benefits do seem to keep most recipients from actively looking for work until benefits are ready to run out. Other studies appear to corroborate this as well.
                     
A safety net is necessary to tide the unemployed over. A paid vacation, until they get seriously looking, is another story. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

No comments:

Post a Comment