Unemployment Benefits Cut Will Worsen Things.

CalculatedRiskBlog reports: Here is a depressing report from the National Employment Law Project: States Made Unprecedented Cuts to Unemployment Insurance in 2011 NELP’s new analysis shows that in 2011, six states cut the maximum number of weeks that jobless workers can receive unemployment insurance to less than 26 weeks—a threshold that had served as a standard for all 50 states for … Continue reading Unemployment Benefits Cut Will Worsen Things.

Congressional – FAIL economics

In a previous post I noted that members of Congress usually don't understand economics at a level to even pass a Principles Econ 201 or 202 course.  More proof from Pat Garafalo of Think Progress.  Apparently Rep. Shadegg of Arizona, a Republican representative for at least 5 years doesn't understand that consumer spending is essential … Continue reading Congressional – FAIL economics