There is simply no reason this shouldn't be bipartisan--this extension of unemployment benefits. It is not solving all our Nation's problems, but it certainly stimulates the economy. It is the best use of public dollars to help the economy because when we extend unemployment benefits, we pay unemployment benefits to a family in Ashtabula or a family in Yellow Springs who ends up putting money into their community. They spend it at the local grocery store, the hardware store, or the department store. They are able to pay their property tax, which is money that goes to schools, and all of those things. So it clearly has a stimulative effect on the local economy. Even more than that, it is what we owe to people who are working hard, playing by the rules, and who can't find a job. We don't call it unemployment welfare. We call it unemployment insurance.
On the recordApril 13, 2010
Editor's note · Context
The speaker is addressing the importance of extending unemployment benefits and its economic impact.
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