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Reply #15: WTF! The working man is getting up to 99 weeks of unemployment.. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Kahuna

(1000+ posts) Send PM | Profile | Ignore

Thu Nov-12-09 11:30 AM
Response to Reply #12

15. WTF! The working man is getting up to 99 weeks of unemployment..

This is stimulative to the economy as people who wouldn't have had money to spend NOW have money to spend. Economics 101, my friend. It takes time for people to have confidence again, but it will come. And when people begin to feel secure in their employment situation, they will spend and jobs will return. As people who now have money to spend (because of extended UI benefits) continue to spend, businesses will again prosper and jobs will return. It doesn't happen over night. It never did and it never will.

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