from the trenches world report

Don Young says:
May 10, 2011 at 3:20 pm

I worked for over 50 years, and paid my unemployment insurance premiums the whole time. So, will someone please explain to me: (a) How my collecting the benefits for which I paid makes me a bum or a deadbeat; and (b) why extending tax breaks for the very wealthy will somehow aid the economy, while extending my unemployement benefits (for which I’ve paid, remember!) will bankrupt the country.

Leading economists have shown conclusively that, for each dollar in tax breaks that the ultra-wealthy receive only 32 CENTS is returned to the economy, while for each dollar spent on unemployment benefits $1.61 is returned to the economy. For a very clear but succinct explanation of this, please go to
http://www.npr.org/templates/story/story.php?storyId=128449659.

The other thing I don’t understand is why Reps. Lee and Scott try to humor Reps. Boehner, Camp, Cantor, etc., instead of harping on the FACT that unemployment benefits STIMULATE the economy.