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Reply #18: Well the republican-led houses failed to extend the unemployment [View All]

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dawgman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-04-04 06:56 PM
Response to Reply #11
18. Well the republican-led houses failed to extend the unemployment
Edited on Wed Feb-04-04 06:59 PM by dawgman
insurance at the behest of the current admin. Their reasoning was that the economy is on the rebound. Unfortunately few to no new jobs have been created and the drop in unemployment numbers are not representative of the real picture. This denial of benefits flew right into the face of the fact that another extension (which we had $20 billion budgeted for just such a purpose so wouldn't have increased federal spending) would have pumped almost 100% percent of the money directly into the economy.
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