Wednesday, May 08, 2013

Well, go figure

Right-wing talking points wrong again...bring on the new Heritage Foundation nightmare fuel about Immigration reform.

Extended unemployment benefits Congress put in place at the outset of the Great Recession didn't discourage people from taking jobs, according to new research from the Federal Reserve Bank of San Francisco.
...

"It did not reduce the job finding rate," Farber told HuffPost. He added the benefits probably helped the economy, however, not to mention the individual people who otherwise might have had no income. "These are people who spend the money you give them."

The findings are similar to 2011 research by Jesse Rothstein of the University of California, Berkeley.
But obviously Princeton and Cal-Berkeley are not prestigious enough Universities.   What do Liberty and Bob Jones say?

1 comment:

pansypoo said...

put that in another way. TAX CUTS TO THE RICH DOES NOT HELP THE ECONOMY.