Typical liberal economics by Paul Krugman
There was a time when everyone took it for granted that unemployment insurance, which normally terminates after 26 weeks, would be extended in times of persistent joblessness. It was, most people agreed, the decent thing to do.
There was a time when everyone wore onions on their belts, too. There was also a time when giverment, sorry, government, didn’t act like daddy between summer jobs.
But that was then. Today, American workers face the worst job market since the Great Depression, with five job seekers for every job opening, with the average spell of unemployment now at 35 weeks. Yet the Senate went home for the holiday weekend without extending benefits. How was that possible?
Perhaps, Paul, instead of this never-ending attempt to help people get unemployment, maybe you liberals, who have control of Washington, could look at enacting legislation that would actually incent companies to start hiring again, eh?
