Elijah Cummings: “One of the recent reports that came out showed that when you increase those unemployment benefits, for every dollar you…”

“One of the recent reports that came out showed that when you increase those unemployment benefits, for every dollar you are bringing in $1.73 to stimulate the economy because that money is circulating. I found that very interesting, because I was just talking to people in my neighborhood. When I visit the barber or visit the local grocery stores or small grocery stores in my neighborhood and talk to the shoe repair people, I kind of try to get a feel for how business is. And you would think that a lot of times people do not realize how when people are not working it effects almost everybody. There is such a chain. It is like a chain with a lot of links. If a person is not working, that means he may not be getting a haircut. That means the barber will not go and do certain things. One of the things that was interesting, most of the people I have talked to over the last 3 or 4 months told me business was down. One of the things they say is that they can almost predict how much business they will have based upon the season of the year. It may be small restaurants or whatever, but they said that they have been seeing their charts are going down, down, down with regards to income, which means that they are having to lay off a lot of people.”