With 1.3 million Americans having lost (or about to lose) their emergency unemployment benefits, President Obama is back from vacation and ready to re-start the blame-and-shame game (supported with the now ubiquitous crowd of needy entitled onlookers, ready to faint on command). As he explains, “this is money that helps pay the bills while folks work hard to find their next job…” as long as it’s well-paying and not at McDonalds. Of course, the uncomfortable truth is…
- *BOEHNER SAYS EXTENSION OF UNEMPLOYMENT AID MUST BE PAID FOR
But that’s what the rich are for, right?
Here is Jason Furman, chairman of the Council of Economic Advisors, explaining why the world will end if congress does not extend UI…
And President Obama is due to speak at 1140ET
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/7J6nbP6QYRc/story01.htm Tyler Durden