Learn How UI is a Counterfeit Solution to Obama’s Economic Failures
Last week, Sen. Harry Reid (D-NV) 13% and Senate Democrats adopted the motion to proceed on the Emergency Unemployment Compensation (EUC) Act. This so-called “emergency” has lasted for six years. A vote is scheduled this week in the Senate as liberals try to extend it for another year.
These lengthy benefits actually hurt the very people they are intended to help by incentivizing people to wait longer to look for work. According to multiple studies, the longer people wait the less likely they are to be hired. The policy is bad for the recipients, the economy, and taxpayers.
Extending the EUC program is an empty gesture to mask the Obama administration’s failure to turn things around.