Friday, June 13, 2008

House Votes Down Extension of Unemployment Benefits

From the Tennessean (June 12, 2008): "[Congress's] failure to extend [unemployment] benefits might be short-sighted . . . , said David Penn, an economist with Middle Tennessee State University. . . . I think we're going to see more jobs lost this quarter and the next quarter before the economy shows any signs of improvement. . . . it's interesting that Congress would provide economic-stimulus payments on one hand, but deny an extension of unemployment benefits on the other."