Of course the premise is nonsense. But it’s political year and since the President’s ratings are in the tank, you will pretty much try anything to stir the American people against the Republicans.
It is true the Democrats have been trying to get through an extension of unemployment benefits, an extension that has grown from $20 billion to now $32 billion, for some time. It’s also true the Republicans in the Senate have refused to allow cloture on the extension bill. But two things to remember here. The first is Republicans are not against extending benefits, they just would like them paid for and not put on the credit card. And let’s face it, in an almost $4 trillion dollar budget, that should be easy to do. Republicans have even identified a source of funding, the unspent portion the $800 + trillion stimulus package.
But Democrats jealously guard that money for … well … for pet Democrat constituencies. And besides, why tap a ready source of funds when you can demonize Republicans before November?
Here’s the President this morning, apparently surrounded by unemployed people.
The President is correct on one thing. These people would rather have a job but can’t find one because the President keeps stepping on the oxygen hose. In oh so many ways, his policies are the reasons they can’t find a job. That and the fact that they don’t work for the government.
The other thing to remember here … this would be yet another extension. This would be for people who have already been out of work for at least 26 weeks or longer, in some cases, much longer. And say the folks at CATO … many will stay out of work until forced to return.
Still AP at Hot Air has a more depressing take on this whole. Unemployment benefits are no longer a temprary bridge. More like a new Government long term program.
They’re not going to turn off the funding tap when unemployment’s still in the ballpark of 10 percent; too many voters are at too great a risk of grinding hardship if they pulled the plug. The best they can do is make the Democrats sacrifice spending elsewhere in order to free up funds for benefits extensions. Like WaPo said back in March, the hard, cold fact of life is that unemployment benefits are no longer temporary. And they won’t be temporary again for a long, long, long time.
Thank you Mr President. So here’s my question my little mobsters. Continue to extend unemployment, or put a final, final limit on it … and let the market work it out?