When you allow people to be on unemployment insurance for 99 weeks, you're causing them to become part of this perpetual unemployed group in our economy," Sen. Rand Paul (R) of Kentucky told Fox News in December. "And it really – while it seems good, it actually does a disservice to the people you're trying to help."
About 10 million workers have dropped out of the workforce since Obama took office, bringing the workforce participation to Jimmy Carter era lows.
Some economists say there’s a recent precedent to the rippling effects of ending benefits now.
North Carolina’s Republican leadership ushered in a law that ended checks to the long-term unemployed in July.
The effect?
The state unemployment rate did drop from 8.8 percent to 7.4 percent in less than six months, suggesting that conservatives may have been right after all.
http://www.csmonitor.com/USA/Politics/2014/0104/Obama-asks-Republicans-to-offer-holiday-charity-to-jobless.-Dare-they-say-no
About 10 million workers have dropped out of the workforce since Obama took office, bringing the workforce participation to Jimmy Carter era lows.
Some economists say there’s a recent precedent to the rippling effects of ending benefits now.
North Carolina’s Republican leadership ushered in a law that ended checks to the long-term unemployed in July.
The effect?
The state unemployment rate did drop from 8.8 percent to 7.4 percent in less than six months, suggesting that conservatives may have been right after all.
http://www.csmonitor.com/USA/Politics/2014/0104/Obama-asks-Republicans-to-offer-holiday-charity-to-jobless.-Dare-they-say-no