Tuesday, December 10, 2013

Nancy Pelosi: Extending Unemployment is 'One of Best Ways to Grow the Economy'

Almost 11 million people couldn't find a job in November, and for those who don't earn a paycheck, unemployment benefits work for the economy, too, a leading Democrat says. 
"Economists agree that unemployment benefits remain one of the best ways to grow the economy in a very immediate way," House Minority Leader Nancy Pelosi (R-Calif.) said at a news conference on Thursday.
She spoke after Democrats held a hearing on the impending expiration of unemployment benefits -- an "essential lifeline that millions of Americans and their families depend on," Pelosi said. 
Witnesses at Thursday's hearing spoke "passionately" about the 1.3 million Americans who will lose the federal unemployment compensation on December 28 -- "right in the middle of the holidays," Pelosi said. And she said 1.9 million more Americans will lose their state benefits in the first half of next year.
"So it is absolutely essential that we extend the benefits." Pelosi said she'd like to see unemployment insurance included in a budget bill -- "but it could be separate from that as well."
Read the rest of the story HERE and view a related video below:

How about instead, creating economic conditions conducive to Job Creation...How's that one Nancy.

Maybe we should extend the benefits for another year so that next Christmas you wouldn't have to think of another dumb ass reason to extend it again?

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