I’ve been thinking this over all day, and just don’t get it. Why would Senator Tester think the best way to save six billion dollars would be to take benefits from those most impacted by the recession?
Tester says it makes sense to cut the $25 addition to unemployment checks because it was only meant to be temporary anyway.
He says it saves taxpayers money without "yanking the carpet out from under Americans who are looking for work."
It’s not only unnecessarily cruel to people who need the money, it doesn’t make economic sense. Unemployment benefits are excellent short-term stimulus:
An interesting group to target for imposing pain — workers who have lost their livelihood. Ironically, according to a National Employment Law Project report, “the Congressional Budget Office estimates that every dollar of UI benefits results in $1.90 of economic activity, making unemployment insurance one of the most effective forms of short-term stimulus.”
Disappointing and puzzling, to say the least.