Thursday, August 11, 2011

Carney: Unemployment Benefits Could Create Up To 1 Million Jobs

Okay, I am not a Wall Street Journal writer so someone help me out. How does extending UE or even giving out UE benefits out create jobs let alone 1 million jobs. For if that were the case wouldn't our unemployment rate be below 8%? When I was laid off I had UE benefits but every cent went toward the house payment. I don't think my mortgage payments allowed Citi to hire more employees but I could be wrong. So again, please, someone let me know how this works and how a Ivy educated man in Obama can think this works.