WASHINGTON — Extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy, according to a report from the Congressional Budget Office. The analysis released Wednesday from the nonpartisan office estimates that keeping jobless benefits would cost the government $30 billion. But it would also lead to more spending by the unemployed, boosting demand for goods and services and creating new jobs. Federal long-term unemployment benefits are set to expire on Dec. 29 for more than 2 million workers unless Congress approves an extension. Democrats have called for reauthorization of extended benefits
Comments: Only AP could write a headline like that with a straight face.
how can the better educated, better informed, job creators, common sense, rational people allow our beautiful country to be taken from us by the ill informed, ignorant masses under the leadership of the head of evil? surely there is a way to stop all this rediculas nonsense while there is still time. Surely this can be stopped.
I´d guess that, according to this twisted logic, if all the "Makers" just said to hurl with it and laid down...we´d be BOOMING! Sad part is, there´s a large segment of the country that actually believes this BS. For this to be actually put out there for public consumption says a lot about where we´re headed...We are screwed folks...extremely screwed. Nobody can stop this insanity. Like alkys and drug addicts, we´re heading for rock bottom...and evidently that´s what it´s gonna take to start turning things around. FORWARD! OFF THE CLIFF!
One plus one equals two and a half. Of course it helps pay the grocery bill, the hairdresser, the new lcd tv and best buy. Still its bottom feeding. Its charging a $1.50 to give out 90 cents in benefits. It only works short term.
Who was it that wrote about the broken window theory: that a broken window creates jobs because the storekeeper has to pay to get a new window and pay to put it in. But, it doesn´t show how the storekeeper could have spent his money more profitably if he wasn´t putting in a new window. One of those things might be hiring a person with that money!! Honestly, these feed a person a small fish have small expectations and see rainbows in every little water sprinkler!
Re: Is there anyone in the AP organization with a functioning brain?
# 10, the purpose of the AP article is to reinforce BO´s claims that Repubs are Scrooge. The AP´s brain is invested in operating a PR campaign for Obama. AP helped get this failure reelected, and it does not intend to stop after 11/6.
Unemployment benefits aren´t enough for rent/mortgage, food and utilities. It might mean more landlords are getting the rent, but it doesn´t create jobs. Unemployed people don´t buy cars. In fact, many lease their belongings.
Well, they´ve already told us that hurricanes and other natural disasters are good for the economy because of all the rebuilding. Which proves, IMO, all the climate change hysterics need to shut up so we can grow the economy with severe weather.
Note: I am not supporting anthropogenic climate change theory. It is a fanatical religion based on greed.
No,thank you. I would rather save the $30 billion and let them get their own jobs. A gubmint check is not a job. In fact, a gubmint job is not a job. It is a leech on the body politic, a parasite killing the host. Now why would Obama insist on tax cuts before spending cuts? Because no Democrat in history has carried through with spending cuts.
The program sounds so darn good that it is hard to come up with an answer as to why it doesn´t work. Oh, maybe just taking a look at Greece will do the trick. I believe that there are long term unemployed folks there getting Government benefits, but darn - that economy just ain´t sizzling the way the Democrats advocating the program here promise.
They´re right, it does create jobs in NeverWonder Land. And everyone rides plastic ponies to school. And all the people smile all the time. And I´ll be happy to see those nice young men in their clean white shirts. They´re coming to take me away. Ha Ha Hee Hee Ho Ho.
SOUTH ORANGE, N.J. -- The victim of a vicious knockout attack in New Jersey is speaking out for the first time. He was cold-cocked, and hit not just with a fist, but with a glove with hard plastic knuckles. Two of the four attackers are still on the run. "All of a sudden, I was trying to watch my back and these two came around front and punches my face," the victim said. The 36-year-old restaurant worker does not want his name or face on television, and who could blame him? He still has headaches from a concussion and six
Sears stock plummeted Wednesday as news came out that Edward Lampert, its stubborn billionaire chairman and CEO, had to surrender majority control of the 120-year-old big box retailer when investors in Lampert’s hedge fund pulled money out. With no end in sight for Lampert’s quixotic turnaround efforts, it’s time to question whether there’s any way to save Sears as long as he remains in charge. (Snip) Lampert began at Sears with the ill-fated $12 billion merger with Kmart in 2005. Sales have declined for 27 straight quarters and the company’s stock is down over 70% from its high in 2007.
The Internal Revenue Service (IRS) has no system in place to prevent fraud when individuals apply for tax credits under Obamacare, according to the Treasury Inspector General for Tax Administration (TIGTA). The IG said in an audit released Tuesday that the IRS has no plan to manage, monitor, or mitigate fraud risk when processing premium tax credits available under the Affordable Care Act (ACA). “The ACA Program has not yet completed a fraud mitigation strategy,” the audit found. “It is important for the IRS to thoroughly consider fraud threats and risks that could impact new ACA systems.” Politico reports: The
Around 100,000 Americans successfully signed up for health insurance in November through the troubled federal online marketplace, HealthCare.gov, a person familiar with the preliminary data confirmed to ABC News. The figure reflects a surge in enrollment as software and hardware fixes to the site were made over the course of the month. In October, only 26,000 people could successfully enroll in Obamacare plans, according to the Department of Health and Human Services. "We´ve been working 24/7 to make improvements, and more consumers are successfully shopping online and enrolling in a health plan each week," Health and Human Services Secretary
NEW HAVEN >> The jail cell death last weekend of Yale University professor Samuel See, known as a brilliant writer and rising star in academia, has shaken up the tight-knit college community. Now adding to the mystery of his unexpected death are apparent connections between the online profiles of See and several escort service websites that include a cache of sexually explicit photos. At least four websites advertising male escort services included a phone number connected to See. The website Ryan Cochran Escort Services includes the same phone number listed on an order of protection filed against See in September.
For many Ann Arborites, Thanksgiving is a day devoted to giving thanks, spending time with family, eating turkey and watching the Detroit Lions. This year, retail giants want that to change. (Snip) The early openings change the game for retail giants looking to boost profits through aggressive holiday sales. It also means millions of retail employees in the U.S. are working on the holiday, and it poses the question to consumers: Is a bargain on a 70-inch television or an Apple iPad worth ditching Thanksgiving dinner? “You couldn’t pay me to stand in a line in the cold on Thanksgiving
Macy´s Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales. But it might not be so easy to lure most Americans from their turkey and football - particularly if the weather is foul. Department store rivals Kohl´s Corp and J.C. Penney Co Inc led a string of Thanksgiving opening announcements after Macy´s said it would open its U.S. stores on the popular holiday, ending a 155-year tradition. Sales trends, survey results and an online "Save Thanksgiving" backlash suggest that shoppers
More young men in California rise in pitch at the end of their sentences when talking, new research shows. This process is known as "uptalk" or "valleygirl speak" and has in the past been associated with young females, typically from California or Australia.But now a team says that this way of speaking is becoming more frequent among men.The findings were presented at the Meeting of the Acoustical Society of America in California. "We found use of uptalk in all of our speakers, despite their diverse backgrounds in socioeconomic status, ethnicity, bilingualism and gender," said Amanda Ritchart, a linguist at the University of
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
DAVID CORN: I saw a president who remains frustrated with the political-media culture that he has to work within, and that he´s looking to rally people, students here, and supporters, and people within the media. CHRIS MATTHEWS: But David Corn, you skeptic. He came to us today. He came amongst us. CORN: He´s trying to rally people behind this vision that he´s been promoting for a couple years. FINEMAN: By the way, he did it the end here, today, Chris, not by defending specifics, but by explaining why he´s in the game to begin with. And I don´t know about you, he´s
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
The most curious thing of all about the November jobs report released on Friday was the huge drop in the unemployment rate — and the fact that the Labor Department chose not to disclose that the data going into that figure are under investigation for falsification. On Nov. 19, I broke the news in my column that the Census Bureau, which collects data that goes into the jobless rate on behalf of Labor, had caught one of its enumerators fabricating interviews in 2010. The culprit said back then (and to me during an interview) that he was told to do so by
7. On the U.S. war with Iraq: “If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. They don’t care for human beings.” Via cbsnews.com 6. On Israel: “Israel should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.” Via jweekly.com 5. On the U.S. war with Iraq: “All that (Mr. Bush) wants is Iraqi oil.” Via cbsnews.com 4. Mandela on Castro and the Cuban revolution: “From its earliest days, the Cuban Revolution has also been a