Helping the Unemployed
What is needed -- now -- is for Congress to extend jobless benefits for people who exhaust their initial 26 weeks of payments. Research is unequivocal that bolstered jobless benefits are more effective stimulus than tax rebates. They also have the advantage of being targeted to people in need.
The extension could be attached to the supplemental spending bill for the Iraq war, which may come before Congress as early as this week. Predictably, ...
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